Posted 23 minutes ago
City of Industry approves proposal for NFL stadium outside L.A.
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.
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