After seven years of planning for construction of a downtown pro soccer stadium and surrounding development, the city of Des Moines says its negotiations with developer the Krause Group are over. The city made the announcement in a news release on Wednesday, Aug. 26, saying that with a $12 million budget deficit projected for fiscal year 2028 and another $5 million gap in the next year, it "can no longer responsibly commit to providing funding for the proposed stadium district." A spokesperson for Krause Group, which had pressed for the commitment of more public funding for the project, told the Register the company was unaware of the city's decision. Tap the link in our bio for more on this story. #DesMoines #Iowa #DSMUSA