NFL fans in Los Angeles have yearned for their own team for some time… and now, after much speculation, it looks like it may be the St. Louis Rams as early as 2016.
Owner Stan Kroenke purchased a 60-acre tract of land in Inglewood, Calif in early 2014, adjacent to the Forum and Hollywood Park. Now, according to the Los Angeles Times, he’s teamed up with the owners of the Hollywood Park site to build an NFL stadium there.
Stockbridge Capital Group, which owns the 238-acre Hollywood Park site, already had plans for a mixed-use community on the land that formerly housed the famed thoroughbred racing track, which closed in late 2013. Plans will now include an 80,000-seat stadium and a 6,000-seat performance venue, the companies told the newspaper.
“We are excited to unveil an expanded plan that will bring a world-class sports and entertainment district to Hollywood Park,” Terry Fancher, founder of Stockbridge, said in a statement to the Times. “We are committed to working with [the Kroenke Group] to build a project that will put Inglewood back on the map as home of the truly great sports and entertainment venues.”
The good news for Los Angeles residents it that no tax dollars would be used for the construction project, including the stadium, slated for completion in 2018. However, before construction can begin, the project must pass several political and environmental hurdles and the Rams must commit to moving back to Los Angeles after the 2015 season.
The Rams are expected to change their lease at St. Louis’ Edward Jones Dome to a year-to-year agreement later this month. From there, if the team and the city fail to come to an agreement to build a new stadium, the Rams could move back to Los Angeles — the city they previously called home from 1946 to 1994.