Santa Clara Gives Stadium Final Approval
Niners will kick off 2014 season in new home.
The proposed 49ers stadium in Santa Clara.
Thursday, Mar 15, 2012 Updated at 9:32 AM PDT
After years of talking, lobbying and voting the 49ers are cleared to break ground on a new stadium in Santa Clara.
The Santa Clara City Council made it official Tuesday night with a 6-to-1 vote in favor of the lease, budget and terms of the $1.2 billion stadium project. The lease is for 40 years and the team will pay the Santa Clara Stadium Authority $30 million dollars each year.
stadium will be built near the Great America theme park off of Highway 101. Construction will start in a few months and the 49ers will kick off the 2014 season in their new home.
The stadium still lacks a name. The 49ers are said to be working with several naming rights sponsors.