Gloucester High School’s new $3.8 million New Balance Track and Field at Newell Stadium opened  earlier this month.
Gloucester High School’s new $3.8 million New Balance Track and Field at Newell Stadium opened earlier this month.Credit: Lisa Poole for the Boston Globe

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The name of Gloucester High School’s new stadium hints at the story behind its creation.

The New Balance Track and Field at Newell Stadium was built with $3.8 million cobbled from a variety of public and private sources over three years, including $500,000 from New Balance (whose president, Jim Davis, is a Gloucester resident) for naming rights over 10 years.

The Gloucester stadium is the latest in a line of multiuse artificial turf field projects throughout the region, and an example of the innovative financial packages being used to pay for them.

The field, which made its official debut with the football home opener earlier this month, , is being used by all the fall sports programs. And it’s getting rave reviews.

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