Yankee Stadium is a baseball park located in Concourse, Bronx, New York City. It is the home field for the New York Yankees of Major League Baseball (MLB), and New York City FC of Major League Soccer (MLS). The $2.3 billion stadium, built with $1.2 billion in public subsidies, replaced the original Yankee Stadium in 2009. It is located one block north of the original, on the 24-acre (9.7 ha) former site of Macombs Dam Park; the 8-acre (3.2 ha) site of the original stadium is now a public park called Heritage Field.
The stadium incorporates replicas of some design elements from the original Yankee Stadium, and like its predecessor, it has hosted additional events, including college football games, soccer matches, two outdoor NHL games, and concerts. Although Yankee Stadium's construction began in August 2006, the project spanned many years and faced many controversies, including the high public cost and the loss of public parkland. The overall price tag makes the new Yankee Stadium the most expensive stadium ever built.