Quote:
Originally Posted by Mojeda101
I held my breathe for a second until the last sentence.
At least that wasn't scrapped =]
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Despite the rhetoric to the contrary from the new CEO, the Farmers Field proposal is most likely dead.
The person at AEG who
really pushed the NFL stadium was Leiweke, who has now left the company. Anschutz was never that enthusiastic about Farmers Field. He believes the project only makes sense for him under financial terms that the NFL will never accept. The only way this had a chance was with AEG under different ownership.
It is kind of a shame that Leiweke has to go. He's built that company from the ground up, and has been a huge figure in Downtown's rebirth.
Either way, what's really necessary here is the convention center remodel/expansion. Increased business at the LACC is really what will drive business at LA Live and make mega-developments like Metropolis and LA Central more feasible.