riverrunner1984
01-31-2014, 02:19 PM
Looks like the owner of the Rams just bought a huge chunk of land next to the forum.
Could the Rams be coming back???
http://la.curbed.com/archives/2014/01/did_the_owner_of_the_st_louis_rams_just_buy_a_pote ntial_nfl_stadium_site_in_inglewood.php
Updated 10:15 am: Holy crap, crazy new news in the long struggle to bring the NFL back to Los Angeles: 60 Walmart-owned acres between the newly-reopened Inglewood Forum and the recently-shuttered-for-massive-redevelopment Hollywood Park, formerly a racetrack parking lot, has just sold (it was asking $95 million), possibly or maybe probably to the owner of the St. Louis Rams. Update: A rep for the Rams owners now confirms that they have bought the site, and says "We have yet to decide what we are going to do with the property but we will look at all options." The Rams were a Los Angeles team before moving to St. Louis, where they are reportedly not so happy anymore. Walmart had hoped to put one of their big box stores on the land but Inglewood very firmly rejected that idea in 2004. For years the company was unable to find the right buyer for the parcel; there was loads of speculation that it would host a new NFL stadium, or that it would be sold to Madison Square Garden Company, which now owns the Forum. The LA Business Journal reports that no one is saying how much the site sold for or who it sold to, but there are some very intriguing dots to connect.
The owner of the Rams franchise, E. Stanley Kroenke, is married to the late Sam Walton's daughter, and the law firm that represented Kroenke when he purchased a British football club in 2011 is the same one that represented the mystery buyer in this sale, and the LABJ seems pretty sure he's the buyer.
If football has to come to LA, it could do a lot worse than Inglewood. With the proposed Hollywood Park Tomorrow mega-mixed-user that's slated to go up where Hollywood Park now stands, residents would live right next to the Forum and a football stadium. It's poised to become something of an LA Live South (though sadly further from light rail). A plan to put an NFL stadium in actual LA Live territory fizzled out last year when the NFL made it clear it didn't like the terms.
Could the Rams be coming back???
http://la.curbed.com/archives/2014/01/did_the_owner_of_the_st_louis_rams_just_buy_a_pote ntial_nfl_stadium_site_in_inglewood.php
Updated 10:15 am: Holy crap, crazy new news in the long struggle to bring the NFL back to Los Angeles: 60 Walmart-owned acres between the newly-reopened Inglewood Forum and the recently-shuttered-for-massive-redevelopment Hollywood Park, formerly a racetrack parking lot, has just sold (it was asking $95 million), possibly or maybe probably to the owner of the St. Louis Rams. Update: A rep for the Rams owners now confirms that they have bought the site, and says "We have yet to decide what we are going to do with the property but we will look at all options." The Rams were a Los Angeles team before moving to St. Louis, where they are reportedly not so happy anymore. Walmart had hoped to put one of their big box stores on the land but Inglewood very firmly rejected that idea in 2004. For years the company was unable to find the right buyer for the parcel; there was loads of speculation that it would host a new NFL stadium, or that it would be sold to Madison Square Garden Company, which now owns the Forum. The LA Business Journal reports that no one is saying how much the site sold for or who it sold to, but there are some very intriguing dots to connect.
The owner of the Rams franchise, E. Stanley Kroenke, is married to the late Sam Walton's daughter, and the law firm that represented Kroenke when he purchased a British football club in 2011 is the same one that represented the mystery buyer in this sale, and the LABJ seems pretty sure he's the buyer.
If football has to come to LA, it could do a lot worse than Inglewood. With the proposed Hollywood Park Tomorrow mega-mixed-user that's slated to go up where Hollywood Park now stands, residents would live right next to the Forum and a football stadium. It's poised to become something of an LA Live South (though sadly further from light rail). A plan to put an NFL stadium in actual LA Live territory fizzled out last year when the NFL made it clear it didn't like the terms.