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8th Wonder of the World: AEG’s NFL Stadium in L.A.– It’s Cheap, Gawdy and Free of Public Money

HKS’ STADIUM IN DOWNTOWN L.A.HTNB.jpg
GENSLER’S STADIUM IN DOWNTOWN L.A.
gensler1.jpgHTNB’S STADIUM IN DOWNTOWN L.A.HKS.jpgCarefully
orchestrating the selling of AEG’s plans for a downtown NFL stadium,
Tim Leiweke stepped up his campaign to drip out details Wednesday by
releasing renderings of three architectural proposals.

Leiweke
claims he can tear down the old wing of the LA Convention Center and
build a stadium with a retractable roof for less than $1 billion– roughly
half the cost of new stadiums iin Dallas and New York City, both far
outside the city limits — without one cent of public money
And
the plans are so terrific, the stadium will double as an events center
and dramatically and extension of the Convention Center.
Negotiations, he says, with the city are already under way with a three-month deadline for completion.
Trust
me: It’s already a done deal with the mayor drooling over all those
free tickets even before he’s paid his record fine for his “ticketgate”
scandal.
It will be fascinating to see how hard
it is to find out the details of the giveaways, subsidies, tax deals
that are part of turning over the city’s convention business to AEG.
For
his part, Ed Roski — former partner of AEG in building Staples Center
– calls Leiweke’s plan a “pipedream” and doesn’t believe it can be
built without a lot of public money. Roski’s own proposed stadium on
land he owns in the City of Industry and is all set to build would cost
$800 million — without a dome.
“Flashy renderings
can’t disguise AEG’s call for taxpayer dollars at a time when California
is broke,” said John Semcken, vice president of Roski’s Majestic
Realty.

Gensler was the architect for LA Live and 54-story Ritz Carlton tower

HNTB designed the Denver Broncos’ INVESCO Field at Mile High and proposed San Francisco 49ers stadium in the Bay Area.

HKS was the architect of the Dallas Cowboys Stadium.

Here’s video of the uncritical Channel 7 report just the way Leiweke wants it:








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18 Responses to 8th Wonder of the World: AEG’s NFL Stadium in L.A.– It’s Cheap, Gawdy and Free of Public Money

  1. Anonymous says:

    How much is AEG paying us for the Convention Center?

  2. Anonymous says:

    AEG proposes to pay nothing for the West Hall of the Convention Center. It would be up to the taxpayers to find a way to pay off the bonds to rebuilt West Hall nearby. AEG also proposes to provide no parking.

  3. Anonymous says:

    I would like to know, if the cost goes from $1 billion as AEG claims to $2.5 billion as Semcken predicts, where does it leave the City which guarantees the bonds? By the way I consider the bonds issuance as a subsidy because of the interest differential.

  4. James McCuen says:

    December 15, 2010 8:05 PM has it exactly right. This is not a freebie for the City of LA. It is a gift of publicly-owned real estate assets to a private entity.

  5. Anonymous says:

    The mess in downtown LA trying to fit this stadium will be a nightmare. It belongs in City of Industry where the space is larger and not the traffic and buildings surrounding it. AEG is one of the most corrupt companies in the City and time and again been given freebies. Its about time that stops. Given the history of Laker celebrations this stadium will attract the gangsters and thugs from all over. My vote is take it someplace else
    I would have thought Ron would have put up a thread on the Council Vote. The most disappointing of all was Krekorian. He finally showed he’s nothing more then another Mayor lapdog. Here are the COWARDS: Those voting to sustain the mayor’s veto were Council members Richard Alarcón, Eric Garcetti, Janice Hahn, Jose Huizar, Krekorian, Ed Reyes, Zine and Wesson.

  6. Anonymous says:

    It is NOT free of public money. Public land, and then I heard a number of sources say that there will be a public bond to pay for it as well.

  7. Anonymous says:

    you all sound like you are waiting for the sky to fall but i guarantee as soon as you crawl out from under the rock and realize that it’s the biggest economic privately financed revitalization this city is going to get, you’ll jump on the band wagon and then complain you can’t tickets.

  8. Anonymous says:

    you all sound like you are waiting for the sky to fall but i guarantee as soon as you crawl out from under the rock and realize that it’s the biggest economic privately financed revitalization this city is going to get, you’ll jump on the band wagon and then complain you can’t tickets.

  9. Anonymous says:

    Let’s put this to a vote. Most people here don’t want a NFL team and certainly not at this location where the traffic is a nightmare 24/7.

  10. Anonymous says:

    Let’s put this to a vote. Most people here don’t want a NFL team and certainly not at this location where the traffic is a nightmare 24/7.

  11. Anonymous says:

    Economic benefits of stadiums are often grossly overestimated; and the needed public subsidies underestimated. Look over the numbers on this one carefully before leaping, including any potential benefits proposed for other projects in the area by the same firm.

  12. Anonymous says:

    Economic benefits of stadiums are often grossly overestimated; and the needed public subsidies underestimated. Look over the numbers on this one carefully before leaping, including any potential benefits proposed for other projects in the area by the same firm.

  13. Anonymous says:

    The only benefit here is to AEG, Antonio and the corrupt councilmembers. Is AEG going to pay for police services once the NFL games are on? We saw what they did on the Michael Jackson case.

  14. Anonymous says:

    The only benefit here is to AEG, Antonio and the corrupt councilmembers. Is AEG going to pay for police services once the NFL games are on? We saw what they did on the Michael Jackson case.

  15. Anonymous says:

    The architect for the Industry site just so happens to be Dan Meis who designed Staples Center. The thing that sucks about the downtown plan is that its a 30 acre site with nothing for tailgating other than closing down Chick Hearn Ct. AEG wants you to “tailgate” by eating at their overly-expensive restaurants at LA Live. The downtown plan just screams “corporate shopping mall” and just doesn’t seem like it was planned with fans in mind. How are you going to move a mass of people off a 30 acre site? The Industry plan is 600 acres which includes 25,000 onsite parking spots for tailgating. You need ample real estate for NFL stadiums. Same reason the new Cowboys, Jets and Giants stadiums are NOT built downtown.

  16. Anonymous says:

    The architect for the Industry site just so happens to be Dan Meis who designed Staples Center. The thing that sucks about the downtown plan is that its a 30 acre site with nothing for tailgating other than closing down Chick Hearn Ct. AEG wants you to “tailgate” by eating at their overly-expensive restaurants at LA Live. The downtown plan just screams “corporate shopping mall” and just doesn’t seem like it was planned with fans in mind. How are you going to move a mass of people off a 30 acre site? The Industry plan is 600 acres which includes 25,000 onsite parking spots for tailgating. You need ample real estate for NFL stadiums. Same reason the new Cowboys, Jets and Giants stadiums are NOT built downtown.

  17. Dick Platkin says:

    LA needs many things, such as new parks and recreational facilities; busses which are cheap, comfortable, and run on time; street trees which are systematically planted and maintained (like all other nearby cities; enforcement of the city’s zoning and building codes; a real mass transit system; many community gardens; sidewalks and gutters on many streets; sanitary sewers in some parts of the Valley; decent schools with small classes; ADA required curb cuts; prosecution of sign companies responsible for visual pollution with billboards and supergraphics, etc. Somehow, a football stadium on free public land seems like a ultra low priority given LA’s enormous unmet needs for basic services and infrastructure!

  18. Dick Platkin says:

    LA needs many things, such as new parks and recreational facilities; busses which are cheap, comfortable, and run on time; street trees which are systematically planted and maintained (like all other nearby cities; enforcement of the city’s zoning and building codes; a real mass transit system; many community gardens; sidewalks and gutters on many streets; sanitary sewers in some parts of the Valley; decent schools with small classes; ADA required curb cuts; prosecution of sign companies responsible for visual pollution with billboards and supergraphics, etc. Somehow, a football stadium on free public land seems like a ultra low priority given LA’s enormous unmet needs for basic services and infrastructure!

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