The Morning Report
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The city of Anaheim anticipates selling to a developer a large chunk of the parking lot of Anaheim Stadium that it previously thought was suited for an NFL stadium, the Los Angeles Times reported this week.
According to the article:
Anaheim is expected to officially bow out of the National Football League sweepstakes in a few months when it sells the 53-acre stadium site to Archstone-Smith and Hines, which plans to build shops, hotels and office towers. The developer has reportedly offered the city more than $150 million, three times what an NFL team would pay to build a stadium in the Platinum Triangle — a sprouting urban village where about 9,000 homes are planned within 10 years.
“It’s a completely dead issue with us,” Anaheim Councilman Harry Sidhu said. “If there’s any chance of this coming back, it’ll have to be in discussions with Archstone and the NFL.”
The news comes as the Chargers football club continues to search for a new stadium. The team has said that it is not entertaining offers outside of San Diego County, but its viable options in the region appear confined to two locations in Chula Vista.
Anaheim, Los Angeles and Pasadena have all considered attracting an NFL team to their locales in recent years, but officials from each of the cities have cooled to the idea.