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Stadium Update: What Now?

Posted by Christopher Smith on June 23, 2010 – 2:18 PM

You may recall the town hall forum spearheaded by Mark Fabiani on May 19.

He pointed to a June 22 city council vote to approve or reject a study that would examine the viability of extending the redevelopment spending cap for the Centre City Development Corporation (CCDC), which soon will reach its allocated limit for downtown development funds. He called the vote critical to keep alive the team’s “last, best” option for a new stadium.

Well, the council approved the $500,000 study Tuesday with a unanimous vote.

So what now?

The study will be completed within six months. The results will help the mayor and city council decide whether an increase in the cap makes financial sense.

Other government entities, including the County of San Diego, will have to agree to a cap increase. The CCDC and the city already have begun negotiations with these entities, which should intensify now that the city council has approved the cap study.

If an increase takes place, the CCDC, mayor and city council need to determine how much of the increase, if any, should go toward construction of a new stadium downtown.

The Chargers and government entities must agree to a ballot measure that will be presented to voters sometime in 2012.

In the meantime, leading stadium designers Populous (formerly HOK) will continue to evaluate the 15-acre site, which could be the smallest in the NFL. Their preliminary study indicates a stadium could be designed to fit on the site.

The Chargers will continue to monitor a nearby earthquake fault and contamination issues.

To recap: The unanimous approval Tuesday is a positive result if you want a new stadium in San Diego. The government will study whether spending more money downtown at this time would make financial sense. Then, if the government and the team agree, the public would be asked to approve a plan in 2012.

Stay true and keep pounding,
Christopher


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Posted in Miscellaneous, Notes | 1 Comment »


One Response to “Stadium Update: What Now?”

  1. By Wayne on Jul 7, 2010 | Reply

    San Diego needs the Chargers ! Just look at history i.e. Cleveland, Houston, Indianapolis, Baltimore, Oakland, Los Angeles. As soon as those cities realized loss of capitol after having an NFL team leave they were jumping up and down trying to get another franchise. San Diego is a contender for Super Bowl sites just because of all the great things this city offers over and above the others (weather in February, tourist atractions, desert & mountains and ocean sights in the same day if you like). Just as the convention center and the Open and Torrey Pines draws great media attention that brings in tourist money also a ” State of the art stadium ” would bring many Super Bowls in the future. San Diego needs the Chargers for the economy and for the die hard & loyal fans like me and my family.

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