News & Press
Roski Will Unveil Plan for NFL Stadium in Los Angeles (4/17)
Posted Apr 17, 2008 | Source: Bloomberg News (Daniel Taub)
Excerpt: Developer Edward P. Roski Jr. announced plans to build a new $800 million stadium in Los Angeles to lure the National Football League to the city...
"Los Angeles Stadium is the project that will bring the NFL -- and the Super Bowl -- back to Southern California," said Roski in a statement today. "It is time to put the stadium debate behind us. We have a great stadium site that can serve the entire region, and we have the ability to get this done. This project is exciting, viable and in process."
…Los Angeles, the second-largest U.S. city, has been without an NFL team since 1995, when the Raiders moved back to Oakland, California, after playing at the Coliseum for 13 years, and the Rams left nearby Anaheim for St. Louis.
The new arena would anchor 2.9 million square feet of commercial space, including 1.5 million square feet of office buildings, 833,000 square feet of retail shops, 162,000 square feet of restaurants, a 5,000-seat live theater, and movie theaters with 1,200 seats. It would be expandable to 80,000 seats for Super Bowl games.
The stadium would be ready for the 2011 football season, according to the statement. Roski wants the NFL to provide a $150 million loan and commit to holding at least one Super Bowl there, the Los Angeles Times reported on its Web site...
The Stadium is "exactly the sort of place to take in a game..." (4/17)
Posted Apr 17, 2008 | Source: Sports Hub LA
Sports Hub LA thinks the Stadium is “exactly the sort of place to take in a game on Sunday (or attend a movie, take in a live show, or eat in any of the 162,000 square feet of restaurant space that will be built as part of the project)...”
"This will be interesting to watch." (4/17)
Posted Apr 17, 2008 | Source: Sports Business Radio
Sports Business Radio thinks that “this will be interesting to watch.”