It takes around $1 billion and up to 3 years to construct an MLB stadium
The truth is that the average building cost ranges from $500 million to over $1 billion. It is based on the venue size, location, financing, design, and market demands. In particular, Yankee Stadium is one of the most expensive and newest MLB stadiums. Its building cost was around $1.5 billion. How long does it take to build a stadium? On average, building a new MLB stadium takes 2 to 3 years. The time depends on the project design, size, location, funding, and potential delays and challenges that may occur during the process.