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Imagine Austin

As demonstrated in cities around the world, soccer can truly galvanize a community. That was the intention behind bringing Austin its first professional sports team, Austin FC, and redeveloping an underutilized site into a state-of-the-art soccer stadium. The new stadium provides unparalleled benefits to the community and creates a world class match-day experience in fast-developing northwest Austin.

Q2 Stadium is the catalyst that converted McKalla Place, a former industrial site, into a thriving community space for sports, parks, performances, and events that celebrate the city’s heritage and culture.

July 2016

CAA ICON hired by Two Oak Ventures to evaluate market and financial feasibility of an MLS team and stadium in Austin

January 2018

CAA ICON and Gensler present a Project Development Plan to Two Oak Ventures including a program, conceptual design, and schedule

August 2018

City Council approves the construction of a privately-funded MLS stadium at McKalla Place

September 2018

CAA ICON provides feasibility and planning services including negotiating advisory, definitive document support, and economic impact study review

January 2019

Austin FC announced as the 27th Major League Soccer expansion team

September 2019

Austin FC Stadium Groundbreaking takes place with CAA ICON serving as the project's owners representative

Spring 2021

Grand Opening of Q2 Stadium

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Services Provided

CAA ICON represented Two Oak Ventures since the inception of this project. 

CAA ICON provided the following Feasibility and Planning services:

  • Market and Financial Feasibility Analysis
  • Project Development Plan
  • Deal Structure/Lease Analysis
  • Negotiating Advisory

CAA ICON provided the following Consulting services:

  • Team/Venue Transaction Support (Buy-Side/Sell-Side)

CAA ICON provided the full scope of Project Management services for the development of the stadium.