Leicester South MP Jon Ashworth said the plans for the new Leicester Riders stadium are "very exciting".
"It's good that this is a project which involves younger people, and linking up with the cricket club and Riders is very exciting," he said.
"It will bring money and jobs into this area, so it seems a good idea to me."
Proposals for a new 2,000-seat arena for the Leicester Riders have been planned in time for the team's next season.
The £2.5 million stadium will be used as a link-up between the Riders, Leicestershire County Cricket Club and Leicester College.
The lease on the team's current home ends at the end of the season, Riders director Kevin Routledge said:
Leicester Riders are expecting to move into a new £2.5m stadium next season.
It is hoped the 2,000 seat arena will link-up the Riders, Leicstershire County Cricket Club and Leicester College.
The leasing on their current stadium at De Montfort ended at the end of the season leaving them homeless.
Residents near the proposed stadium are concerned about potential noise pollution and constant traffic on match-days.
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