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. Ram’s 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, announcedktla.com.
“We are excited to unveil an expanded plan that will bring a world-class sports and entertainment district to Hollywood Park,” Terry Fancher, founder of Stockbridge stated. “We are committed to working with the Kroenke Group to build a project that will put Inglewood back on the map as home of the truly great sports and entertainment venues,” reported latimes.com.
Developers of the project said that no tax dollars would be used for the construction project including the stadium and more than 4 million square feet of retail, office, hotel, and residential space which could be completed by 2018. Before construction can begin, however, the project must pass several political and environmental hurdles and the Rams must, of course, commit to moving back to Los Angeles after the 2015 season, reported espn.go.com
Last week, Brian Burwell of the St. Louis Post Dispatch reported that local officials could soon unveil plans for an open-air stadium in St. Louis. Burwell also wrote that he has heard “informed local rumblings” suggesting a relocation of the Rams is not as imminent as some reports suggest, announced www.si.com
The Inglewood Stadium proposal places pressure on St. Louis to improve its proposal for a stadium upgrade or risk the Rams terminating their 30-year lease 10 years early. St. Louis officials are expected to present a new stadium offer by the end of January, reported cnbc.com.