Stadium Saga About to Get Expensive with Big City Bet
The City Council is being asked to spend $2.1 million to study the impact of replacing the stadium. It’s money that could go to other city planning needs, including updating many of the city’s old community plans.
If approved, the move would also essentially take real estate development off the table as a way to help pay for a new stadium.
Mayor Kevin Faulconer – and City Council if it approves his plan Tuesday – will take two major steps in this long-running performance art piece about the future of football in San Diego.
First, they will take real estate development on the Qualcomm Stadium site off the table as a way to help pay for a new stadium. That’s a significant development. And second, they’re about to spend real money — which could be used for any number of city needs — on a questionable environmental study that the Chargers actively oppose.
Let’s get into both of these:
Real estate development will be off the table for stadium finance plan.
The City Council is being asked to approve money for an environmental impact report to replace Qualcomm Stadium with a new stadium on the northeast corner of the current lot.
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