The Wolstein Sports & Entertainment Group today unveiled plans to build the stadium, along with a retail and office complex, off Route 8 in Macedonia.
The project will cost $327 million, but backers say it will have an $11 billion impact on the state of Ohio.
In addition to the stadium, plans call for a 25-field sports complex.
It's hoped that the stadium will attract an MLS soccer team, and could host approximately 91 events per year.
Surrounding the area will be a 425,000 square foot shopping center, similar to Crocker Park and Legacy Village.
A medical campus is also being proposed.
It's possible that a county-wide tax on cigarettes or hotel rooms could be used to help fund the project.
More details tonight on Channel 3 News at 6 & 7, and the Akron-Canton News at 6:30 on Time Warner Cable Channel 17.
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