LA Times

Remember the L.A. Rams? The Owner of the St. Louis Rams Announced Today Plans to Build an 80,000-Seat Stadium Next to the Forum, Where the L.A. Lakers Played for Years

Jan 5, 2015  •  Post A Comment

“The owner of the St. Louis Rams plans to build an NFL stadium in Inglewood [not far from LAX], which could pave the way for the league’s return to Los Angeles,” the Los Angeles Times reports.

The story, by Sam Farmer and Roger Vincent, continues, “Rams owner Stan Kroenke, who bought 60 acres adjacent to the Forum a year ago, has joined forces with the owners of the 238-acre Hollywood Park site, Stockbridge Capital Group. They plan to add an 80,000-seat NFL stadium and 6,000-seat performance venue to the already-massive development of retail, office, hotel and residential space, Stockbridge and the Kroenke Group told The Times.”

The Times story adds, “The announcement is the latest in more than a dozen stadium proposals that have come and gone in the meandering, two-decade effort to bring an NFL franchise back to the nation’s second-largest media market. But Kroenke’s move marks the first time an existing team owner has controlled a local site large enough for a stadium and parking.

“What’s more, Kroenke, a billionaire who built his fortune in real estate, has the ability to move quickly. The Rams can choose later this month to convert their lease in St. Louis to year-to-year. The Rams declined comment on any plans to move, but it’s no secret that the team is unhappy in the Edward Jones Dome, which is outdated by current NFL standards.”

To read more details about his story, we urge you to click on the link, above, to the original Times article.

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