The Robert F. Kennedy Campus Redevelopment Emergency Act of 2025 authorizes the issuance of bonds and the establishment of special funds to facilitate the redevelopment of approximately 180 acres at the former RFK Memorial Stadium site. The bill empowers the Mayor to enter into lease agreements and a development and financing agreement, while also setting conditions on the expenditure of funds. Key provisions include the creation of various funds, such as the RFK Campus Infrastructure Fund and the Stadium Maintenance Fund, to support redevelopment efforts. The act emphasizes community engagement and aims to generate economic, cultural, and social benefits for District residents through the revitalization of the site, which has remained vacant due to federal restrictions.
Additionally, the bill amends existing laws to allow for the leasing of parcels of land associated with the RFK Campus and introduces new environmental standards for the redevelopment site. It establishes conditions for bond issuance, including requirements for the Developer to generate parking revenues and construct a LEED Platinum certified stadium, while mandating a minimum investment of $50 million in community benefits over 30 years through a Community Benefits Agreement (CBA). The bill also creates a Stadium District Entertainment Area and includes provisions for monitoring the CBA's implementation. Furthermore, it amends the District of Columbia Comprehensive Plan Act of 1984 to provide a limited zoning exemption for the project, ensuring that the redevelopment aligns with the District's goals while facilitating the construction and operation of the new stadium.