Posted 23 minutes ago City of Industry approves proposal for NFL stadium outside L.A. Associated Press
LOS ANGELES -- Council members in the city of Industry on Thursday unanimously approved a proposal for a professional football stadium intended to lure a team back to the Los Angeles area.
The vote helped clear the way for developers of the $800 million venue to begin talks with NFL teams about a possible move to the industrial and warehousing city 15 miles east of Los Angeles.
Majestic Real Estate Co. managing partner John Semcken said the company would begin shopping for a team on April 1, the deadline for opponents of the project to file a lawsuit.
At least eight franchises, including the Oakland Raiders, Buffalo Bills and Minnesota Vikings, have been identified as possible targets for relocation, he said, and developers are confident the NFL would approve a move.
"They understand the stadium, they understand the economic opportunity," Semcken said. "All they want is certainty. They want to make sure our stadium is getting built."
NFL spokesman Brian McCarthy said the league was monitoring potential stadium developments in the Los Angeles area, but he declined to comment on specific sites.
Posted about 7 hours ago California city drops objections to NFL stadium plan in exchange for $21M Associated Press
DIAMOND BAR, Calif. -- The city of Diamond Bar has unanimously approved a legal settlement that grants it more than $21 million in exchange for dropping objections to a professional football stadium in a neighboring Southern California city.
Tuesday night, Diamond Bar City Council members OK'd the agreement with the city of Industry, which approved plans for the $800 million venue in February.
The settlement includes $20 million to deal with increased traffic from the stadium and $1 million for a middle school athletic field. Diamond Bar also would receive at least $700,000 per year from Industry for community facilities as long as the stadium remains in operation.
Another nearby city, Walnut, filed a lawsuit last month to stop the proposed stadium's construction.
My crystal ball says that if a team does relocate to LA, it will be the Jags. Although Los Angeles Jaguars doesn't have the same ring as Jacksonville Jaguars...
My money is on the Bill's using this news to leverage their negotiations with Toronto and squeeze concessions from our Canuck friends. Toronto will eventually win out, after the Bills threaten to move to LA, and the Bills will relo full time to Toronto by 2011.
http://www.losangelesfootballstadium.com Looks very nice, interesting construction idea as well. I bet it's gonna be crappy Vikings trying to move out here. I dunno, I still have to stick to my Cardinals.
Eh id enjoy it if the Vikings came to town. Id love seeing AD and now Harvin every week. It seems like LA loves winners and hates losers. Anytime an LA team wins a championship everyone goes crazy for them, but the next season when they dont do good everyone forgets them. Southern California is fine with 1 team.