Posted on 01/05/2015 8:56:38 AM PST by BenLurkin
The Hollywood Land Company, a joint venture between Stockbridge Capital Group and The Kroenke Group, plans to build a 80,000-seat stadium, a 6,000-seat performance venue, a 300-room hotel, 2,500 residential units, 1.7 million square feet of retail and office space and 25 acres of public parks, playgrounds and open space on the site.
The development, named the City of Champions Revitalization Project, will be built at no cost to taxpayers.
(Excerpt) Read more at losangeles.cbslocal.com ...
Conveniently located near LAX because there isn’t enough traffic there already?
Of course, the taxpayers will bear the brunt of costs, not?
And yes, I read the part about “no taxes”.
But we’re dealing with politicians...lying, sleezy, corrupt, never had real work Liberal politicians.
The place is surrounded by senseless murder districts and ghettos...
City of Champions?
Sick sounding giggling follow...
Well, it’s about time.
This story every 5 or 6 years, is getting old.
Ingle-Watts? Whatever happened to building a stadium in Irwindale?
Would just any old football team justify the billions this project would cost?
How about another 405 freeway to get there?
Actually, Ingle-Watts may become gentrified (read hiptster haven) eventually considering its location.
I never thought Hoboken-Brooklyn would become the mecca that it is. The same could happen in LA. No one in their right mind wants to commute there.
That, too! Freeway traffic to LAX was once so bad that I got off early to approach through the city streets. Fortunately, I lived to tell about it. But I wouldn’t do it again.
Actually it is a pretty logical place to build a new stadium. The racetrack has closed. Lots of land available. Near the airport. Near the freeways. Near the Forum if that matters.
But most importantly - It will be on the land where I learned to drive, the former Hollywood Park parking lot. That counts a lot.
exactly, their promises are almost always lies
Yeah next LAX I don’t think so that stupid move
BTW I take Rams or Chargers over the Raiders
I am Raider fan LOL!
the former Hollywood Park parking lot
No jobs in LA county but by God we have a stadium.
>>Of course, the taxpayers will bear the brunt of costs, not?<<
L.A. has ALWAYS told the NFL: You pay us, not the other way around.
That is why it has taken this long and why Houston got that expansion (2 Billion Houstonite Tax $) over L.A.
About the only thing Los Angeles has consistently done right.
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