One of two developers proposing entertainment districts on San Diego's 48-acre sports arena site "amended its plan" to include the "possibility of a new arena," according to David Garrick of the SAN DIEGO UNION-TRIBUNE. A development group led by Toll Brothers Housing initially proposed a $125M renovation of the existing arena, but "recent public feedback prompted the group to decide a new arena" costing $300-600M "is an option." The rival development group, which is led by Brookfield Properties, yesterday said that the "same public feedback has increased that group's focus on the possibility of a new arena." Brookfield's initial proposal "included three separate development plans, one of which included the possibility of a new arena, but with scant details." The plan "did not include a proposed square footage, cost or a method of paying for a new arena." The announcements come just before each development group is "scheduled to meet separately" tomorrow with a city selection committee that "will help Mayor Kevin Faulconer choose one of the proposals in coming weeks." While the concept proposals offered by the rival development groups are "likely to serve as key starting points for discussion, there is no guarantee that the final plan will include any particular feature or amenity -- including a new arena" (SAN DIEGO UNION-TRIBUNE, 8/12).
