UPDATE: The two members of stadium task force appointed by Gov. Nixon says they will present their plans to the Governor on Friday, and hope to go public with the proposal shortly thereafter. Nixon said he looks forward to reviewing their recommendations.
Our original story:
LOS ANGELES (KMOX) – St. Louis Rams owner Stan Kroenke says he will build a stadium in the Los Angeles area, according to the Los Angeles Times.
Already the owner of 60-acres of land near the LA Forum, as KMOX News reported nearly one year ago, Kroenke’s latest deal involves a much larger piece of real estate where he and a partner group plan to construct an 80,000 seat, state-of-the-art NFL stadium.
The team downplayed the land purchase last year.
The Hollywood Land Company, a joint venture between Stockbridge Capital Group and The Kroenke Group, plans to build the stadium along with 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 is named the “City of Champions Revitalization Project.”
Inglewood Mayor James Butts told CBS Los Angeles that he spoke to Kroenke on Sunday about the project: