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Phoenix Rising owners to build East Coast soccer stadium

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Members of the Phoenix Rising FC ownership team have committed to build a soccer stadium.

And it's on the other side of the country.

Earlier this month Gina Raimondo, the governor of Rhode Island, announced that Scottsdale-based Fortuitous Partners will develop a $400 million project in Pawtucket, Rhode Island, that includes a new multi-use stadium, new indoor sports complex, market-rate and workforce housing, a hotel and commercial office space.

The so-called Tidewater Landing project, which will be partially funded through a new tax increment financing tool, is said to be the largest economic development project in Pawtucket’s history.

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