Chattanooga Lookouts see hundreds of uses a year for new stadium

The team says it faces losing franchise from Major League Baseball without new venue

Staff Photo by Robin Rudd / Jason Freier, managing owner of the Lookouts, answers a question during Thursday's announcement while Chattanooga Mayor Tim Kelly, left, and Hamilton County Mayor Jim Coppinger, right, look on.

Baseball, high school sports, soccer, concerts and charity events are among hundreds of uses a new stadium could host if plans unveiled Thursday for the Chattanooga facility are OK'd, an official said.

"It's really a multi-use entertainment venue," said Jason Freier, managing owner of the Chattanooga Lookouts minor league baseball club, in a telephone interview.

Chattanooga Mayor Tim Kelly and Hamilton County Mayor Jim Coppinger on Thursday revealed the latest proposal for a multi-use stadium in the city's South Broad District in which the Lookouts are seen as the primary tenant.

Financed with $79.4 million in 30-year bonds to be paid back with a mix of public and private money, officials said the facility would sit on 8 to 9 acres of land donated by the owners of the U.S. Pipe/Wheland Foundry site in the project totaling between $89 million and $94 million.