CFP, Cowboys Playoffs Could Conflict World Series Balllparks Offering Apple Pay Facility Notes Sources: Barclays Center Up For Sale Bengals Upgrading Player Facilities UConn Unveils Hoops Practice Facility Rose Bowl Gets Winter Sports Event Orlando City SC Breaks Ground On $110M Stadium Legends, Kings Ink Deal For New Arena City Of Detroit To Demolish Joe Louis Arena
Upcoming Conferences and Events
SBD/Issue 63/Facilities & Venues
Chargers Admit New Stadium Likely Will Require Taxpayer Money
Published December 11, 2009
|Chargers Special Counsel Says New Stadium
Will Almost Certainly Involve Taxpayer Money
SPACE ISSUE: Fabiani said that a stadium "could be built downtown for" $700-800M, and Hall notes earlier plans had the Chargers and NFL "contributing $200[M] apiece to a stadium, and the gap bridged by revenue from nearby ancillary development, such as hotels, condominiums and retail." But the team is "dismissing that concept because of the poor economy and the small size of the downtown site." Plans call for a 62,000-seat stadium that "could be expanded to 72,000 seats to accommodate Super Bowls," but the stadium "would abut the street, with little room for other development." Centre City Development Corp. Chair Fred Maas, whose group is the city's downtown redevelopment arm, Thursday said that it is "premature to talk specifics but that any successful plan to redevelop the site -- for a stadium or anything else -- should involve public money" (SAN DIEGO UNION-TRIBUNE, 12/11). Meanwhile, Fabiani said that the Chargers want to "put any stadium measure onto a public ballot." Fabiani: "We believe it is important for everyone to understand that the downtown site might require some sort of taxpayer subsidy" (AP, 12/10).