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In the last 20 years, just one NFL stadium has been built solely through private funding. [...]
Still, when it comes to getting the best deal out of an arena, leaving taxpayer money off the tab is only a good start.
Studies have repeatedly shown that sports teams don’t have the far-reaching economic impacts that one might assume, and experts have noted that stadiums aren’t as catalytic as some franchise owners might tout.
— nextcity.org
Previously: Is LA Finally Going to Get a Football Stadium?Special law for NFL stadium project unconstitutional, lawsuit claimsFarmers Field: Bringing Football Back on a Need-to-Know Basis View full entry
The owner of the St. Louis Rams plans to build an NFL stadium in Inglewood, which could pave the way for the league's return to Los Angeles...Owner Stan Kroenke, who bought 60 acres adjacent to the Forum a year ago, has joined forces with the owners of the 238-acre Hollywood Park site, Stockbridge Capital Group. They plan to add an 80,000-seat NFL stadium and 6,000-seat performance venue to the already-massive development of retail, office, hotel and residential space... — LA Times
"The announcement is the latest in more than a dozen stadium proposals that have come and gone in the meandering, two-decade effort to bring an NFL franchise back to the nation's second-largest media market. But Kroenke's move marks the first time an existing team owner has controlled a local site... View full entry
A coalition of environmental activists and community advocates has mounted the first major legal challenge to a planned downtown [Gensler-designed] Los Angeles NFL stadium, filing a suit Thursday that says a state law intended to assist the project is unconstitutional. — latimesblogs.latimes.com
Construction of a $1-billion NFL stadium and a new wing of the Convention Center in downtown Los Angeles would dramatically increase the number of convention bookings while generating $22 million annually for the city, according to the findings of two reports commissioned by the project's developer. — latimes.com
Previously: Populous working on rival Los Angeles plan Christopher Hawthorne calls interference with LA's 3 potential NFL stadium designs View full entry
