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$80 million in bonds sold to help fund Chattanooga Lookouts stadium

Staff file photo / Lookouts helmets sit on construction equipment. Officials broke ground at the new Chattanooga Lookouts stadium site on July 15, 2024. Staff file photo / Lookouts helmets sit on construction equipment. Officials broke ground at the new Chattanooga Lookouts stadium site on July 15, 2024.

By Mike Pare October 24, 2024 4 min read

Construction is expected to power up on the new Chattanooga Lookouts stadium as the sale of $80 million in bonds is finalized next week, officials said.

“Let’s build a stadium,” Matt Patterson, who chairs the Chattanooga-Hamilton County Sports Authority, said after officials announced Thursday the sale of the bonds to fund a major piece of the proposed $115 million ballpark.

At a meeting of the panel, officials reconfirmed the new April 2026 timeline for the multi-use stadium to be ready for baseball and the start of the minor league club’s season.

“It’s a great day for the Chattanooga Lookouts,” team President Rich Mozingo said in an interview about the bond sale that’s helping to build the South Broad ballpark to replace aging AT&T Field downtown.