 On October 26, 2017, Louisville Metro Council voted overwhelmingly to approve the stadium deal shortly after the ownership group secured $130 million in private financing for the overall project; the council voted at the same time to apply to the Kentucky General Assembly for a tax-increment financing district for the project.The stadium is currently projected to open in March 2020, satisfying a USL mandate that all franchises play in soccer-specific stadiums by the 2020 season.Groundbreaking for the stadium was held on June 28, 2018, with an initial capacity of around 14,000 fans with permanent seating for 11,700.