Posted on 01/31/2014 7:24:47 AM PST by Uncle Chip
What is the future of Hollywood Park? It recently ended a long run of hosting thoroughbred racing.
Unnngh.
It’s going to happen, and they should be pretty good by the time they make the move.
My understanding is that Hollywood Park is set to become condominiums and residential.
Madame Ram must be spinning in her grave. That old floozie sure was a piece of work.
Yep —
The Rams will go full circle more than likely to land not far from the Coliseum.
There appears to be no interest in St Louis in meeting the Rams’ demands for upgrading the stadium at the cost of $700M.
Of course they could always move back to Cleveland, they’ve been waiting for an NFL team for the last 17 years. (That’s a joke, son)
The scuttlebut is if the Rams go to LA, then St Louis will try to bring in the Jax Jaguars.
Why? St Louis is a baseball town, always will be.
“The Rams countered with a more elaborate proposal which was estimated to cost somewhere in the range of $700 million” For that price, they ought to be able to demolish the old one and build from scratch. Atlanta’s going to run over a $billion, but that includes buying off a couple of black churches so it could be built in the ‘hood. And Jerryworld went that high because they had to build it big enough to hold his ego.
Good for St. Louis!
Here in Indiana we got suckered into a $750m deal for the Irsays.
And we’re still paying on the bonds from the stadium they tore down to build the new one....
Putting a team in LA does take away the big threat the NFL always uses on other cities...not sure if they will be willing to give it up.
...has a nice ring to it...
...don't you think?
I thought the Jags were going to London. Although Jacksonville taxpayers are building a new swimming pool for the team owner.
What’s interesting is that businesses, hotels, restaurants down around the stadium say that they make more money from events they hold at the stadium when the Rams are out of town.
They won’t miss them.
I think I saw somewhere that the this proposed development straddles a major fault line.
I think it takes about 40 acres for a modern stadium foot print with circulation drives. Parking is another matter.
Unless the site is in a blighted area where the stadium developer could get the local government to condemn and purchase another 300 to 500 acres for parking for 40,000 cars and 3000 employees, this is not enough land in my opinion. Even adding five story parking garages would result in another 100 acres on top of the twenty left over in the original 60.
What strange leases do these teams have? The lease in St. Louis requires them to be an upper tier facility, based on whatever criteria are listed to keep it a top facility? For the numbers listed, they may as well build a new stadium.
Can someone explain how it is that the public is expected to build billion dollar stadiums for profitable NFL franchises? Is the prestige of having an NFL franchise that great, that public officials negotiate agreements to subsidize NFL teams to such a degree?????
Is it possible that Kroenke has an option to buy a large part of Hollywood Park to supplement this purchase.
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