This is the Polish National Stadium in Poland. It seats about 56,000 for Soccer although Capacity is listed at around 58,000 for Soccer and 70k plus for concerts.
It has lots of exibition space beneath the playing field along with subterranean parking. Since this would not be part of a convention project, all that can be nixed. It has a modern retractable fabric roof and can grow natural grass in Poland.
This would be my template for anursing ro replace the LBMS. I would simply lose the upper deck of end but keep a large flat plaza that would knock down permanent capacity to around 51 to 52 thousand. I never said just 40,000. That would truely be a U of M only sized stadium for on campus. The upperdeck less end could add in temp seating for the SHC or Liberty Bowl like we have seen in the past at other venues. See how the Alamo Dome would set up for Basketball with temp seating. Mix the chair back seat it blue gray and white to blend in any empties as opposed to stark aluminum sliver and concrete. Still a bit big for the Tigers but with lots of value added seats.
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Hell, The U of should build it downtown as a annex campus sans Memphis City and County.