Breaking: Deal Signed between REAL and State Fairpark Board of Directors

Today the Utah State Fairpark Board of Directors signed an agreement with the REAL Salt Lake ownder Dell Loy Hansen to build an $18 million, 8,000 seat stadium at the Utah State Fairpark.

Hansen has agreed to pay the entire cost of the stadium’s construction after initially proposing to form a public-private praetorship to build the stadium. Per terms of the agreement, the minor league Real Monarchs will operate and maintain the new stadium. The deal is contingent on the state extending the Fairpark’s lease— which expires in 2017 — on the state fairgrounds site for an additional 40 years.

Read the article here.

Other articles:

Deseret News


Fox 13

Utah Pulse