The development, anchored by a roofed, 65,000-seat stadium, will be funded primarily by the Commanders, who would put up $2.7 billion, while D.C. taxpayers would pay $500 million.

The Washington Commanders came to an agreement with Washington, D.C., officials to take over the old RFK Stadium site in hopes of building a new facility there.

Washington, D.C.'s NFL franchise is set to return to the nation's capital as part of an agreement between the organization and the District of Columbia government to build a new stadium.