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Hearts of Pine Agree to Buy Cassidy Point for New 9,000–11,000‑Seat Stadium

A mostly private $50 million-plus project will need environmental review, city permits, public input, other approvals before construction can start in 2027.

Overview

  • The club announced Tuesday that it has an agreement to acquire Cassidy Point on the Portland waterfront and released conceptual renderings for a soccer-specific stadium seating 9,000 to 11,000 fans.
  • Hearts of Pine says the project will cost more than $50 million and be funded mostly with private money while leaving open the possibility of limited state or local support for infrastructure.
  • The club aims to break ground in 2027 and open in early 2029 but says those dates depend on environmental review, permitting, shoreline rules and other city approvals.
  • Cassidy Point is currently an industrial coal storage site subject to a city ordinance requiring removal of large coal stockpiles, and the club says it will preserve the 600-foot pier for marine uses while pursuing remediation and due diligence.
  • Hearts of Pine has outgrown municipal Fitzpatrick Stadium after selling out home matches in 2025, and the club plans public hearings and town halls even as key sale terms, remediation scope and final design remain undecided.