On June 30, 2020, the city of San Diego approved the sale of the SDCCU Stadium site to San Diego State University and on August 10, 2020, the university officially took control of the property.
[5] San Diego State bought the entire 135 acres, including the existing stadium, from the city for $88 million. Groundbreaking on the new stadium took place on August 17, 2020, just one week after SDSU took control of the site.
The entire $3.5 billion SDSU Mission Valley project includes housing, office and retail space, hotels, and 80 acres of parks and open space, including a 34 acre river park on city property, and will be developed in phases over 10-15 years.
[6] The stadium will seat 35,000 fans and is being built to support college football, non-football NCAA championship games, professional soccer and special events such as concerts.
[7][8] The stadium was designed to be expandable to a capacity of 55,000 or more (complete with a plan and renderings for such an expansion) to accommodate a prospective NFL return to San Diego and/or future needs of the Aztecs football team.
[9]
Aztec Stadium is scheduled to open September 3, 2022.
Construction cost $310 million