A custom version of GKD Tigris stainless steel metal fabric was employed at balcony. The Yankees will finance the $800 million project, and the City of New York will spend $220 million for infrastructure and other improvements in the area. Part of the design emphasis in the new Yankee stadium is the openness. Ground breaking occurred on Augand the stadium will be completed in April 2009. The new stadium will have the same dimensions and bullpen placements as the old Yankee Stadium had.
Monument park will be moved to a new location beyond the outfield fence once the new stadium opens. The famously cavernous concourses will give way to open spaces with sightlines to the field from nearly every vantage point. The signature frieze, the lattice work that once rimmed the original stadium roof and was recreated in the outfield of the current stadium, will be added to the new stadium's roof. From the outside the structures will look like one building, almost identical in materials and design to the original stadium. The stadium will be comprised of two separate structures: one, the exterior wall, constructed to replicate the original Yankee Stadium, built in 1923, and the other the interior stadium itself, rising over the top of the exterior. Many elements will be incorporated into the new stadium that were lost when Yankee Stadium was renovated in the 1970s. Additional seating will be beyond the outfield fence as it is today at Yankee Stadium. The third level will contain 60 luxury suites and the fourth level will be the upper deck. The main grandstand will consist of four levels that stretch from foul pole to foul pole, with nearly 30,000 seats in the first two levels. The new Yankee Stadium will seat approximately 51,800 fans. Tradition and the look of old Yankee Stadium prior to its renovation in the 1970s will be incorporated into the new stadium. The Yankees will pay for all costs, estimated at around $800 million for construction and all maintenance costs. For those who dont understand baseball, baseball prefers stadiums from 40k-50k, the new Yankee stadium will be the largest new stadium built. The new Yankee stadium has a better facade than the old, has all of the modern amenities expected of a new ballpark.
The new state of the art stadium will be built adjacent to the current Yankee Stadium and open in April 2009. Here is a short video of the new Yankee stadium, along with some music by Frank Sinatra. After more than four years of numerous discussions and rumors, the New York Yankees officially announced plans for a new Yankee Stadium in June 2005.