When 27 Million Dollars Equals 132 Million

A planned soccer stadium in Pawtucket is causing a form of sticker shock for taxpayers.

The estimated 27-million dollar cost of construction of the Tidewater Landing project, which is to be paid back over three decades, with interest will total 132-million dollars.

Developers say inflation has driven up construction costs, and funding was shifted away from a housing component of the project.

Officials will have the option to refinance the deal after ten years.

(Photo by Ethan Miller/Getty Images)

Photo: Ethan Miller / Getty Images Sport / Getty Images


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