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."
More top news
Two men have been arrested on suspicion of manufacturing explosives following a serious assault in Leicester.
Police are urgently appealing for information on the whereabouts of 29-year-old Gemma Newell, who disappeared from hospital.
Northamptonshire Police is shaking things up in a bid to get more officers back on the frontline.