Farmers Field

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Farmers Field

Former names Los Angeles Events Center (final planning stages)
Location South Figueroa Street
Los Angeles, California
Coordinates 34°02′35″N 118°16′11″W / 34.0431°N 118.2698°W / 34.0431; -118.2698Coordinates: 34°02′35″N 118°16′11″W / 34.0431°N 118.2698°W / 34.0431; -118.2698,
Broke ground TBA
Owner Anschutz Entertainment Group
Construction cost US$1.2 billion (estimated)
Architect Gensler
Capacity 72,000 (estimated) (expandable to 76,000 for special events, e.g. Super Bowl)

Farmers Field is a sports and events stadium that is planned to be built in Downtown Los Angeles. The project, spearheaded by outgoing Anschutz Entertainment Group (AEG) president and CEO Tim Leiweke and former Los Angeles Avengers owner Casey Wasserman, is to be located on the current site of the West Hall of the Los Angeles Convention Center, adjacent to Staples Center.[1] The project marks AEG's second attempt at a stadium proposal on the location following a similar proposal in 2002.[2][3] The Los Angeles City Council approved the project in a 12-0 vote on September 28, 2012, potentially leading to the city hosting an NFL team for the first time since the Rams left Anaheim (in neighboring Orange County) and the Raiders left Los Angeles at the end of 1994.[4]

The naming rights to the future stadium were purchased by Farmers Insurance.

History

The Los Angeles metropolitan areathe second largest in the United Stateshas no National Football League team, although it has hosted three in the past and has two teams in each of the three other major sports leagues of the United States.

ICON Venue Group, an Owner’s Representative firm in the sports and entertainment industry, was hired by AEG to represent them in the entitlement process with the City of Los Angeles in February 2011. ICON had originally partnered with AEG in 2002 for AEG's first stadium proposal attempt. That project was to be located on the same site of AEG's current proposal. The proposed plan is that the West Hall of the Los Angeles Convention Center would be torn down and rebuilt further south at a cost of US$350 million.[5] Following the completion of the rebuilt West Hall, construction of a 72,000-seat retractable roof stadium would begin over the 15 acre site. AEG expects to begin construction of the stadium by March 2013 and be completed by late 2016. Though the stadium itself would be financed by AEG,[citation needed] the company proposes that the cost of the rebuilt West Hall of the convention center be funded by city issued bonds, which would be repaid by taxes assessed on events in the proposed stadium as well as rent paid by AEG for using the land the stadium would be on.[5][6] The proposed stadium is suggested as a possible venue for future Super Bowls and NCAA Men's Division I Basketball Championships.[7] and also the possible hosting of the 2028 Olympic Games for a third time in Los Angeles since 1932. In early December 2010, Magic Johnson announced his partnership with AEG's proposal after selling his minority stake in the Los Angeles Lakers National Basketball Association (NBA) team and multiple Starbucks coffeehouse locations.[8]

The project announced in mid-2010 was initially projected at a cost of $750 million.[9] The feasibility of constructing a 72,000-seat (expandable to 76,000 seats for special events such as the Super Bowl) retractable roof stadium at the announced cost came into question when compared to the two newest facilities of the NFL, Cowboys Stadium and MetLife Stadium which were built at a cost of US$1.3 and US$1.6 billion respectively.[10][11] Shortly thereafter, Leiweke set a formal timeline for the proposed project.[12] The project's estimated total cost is US$1.2 billion.[13]

On February 1, 2011, it was announced that Farmers Insurance Group had signed a 30-year, $700 million naming rights deal for the stadium, with the stadium to be called Farmers Field. The deal is potentially worth $1 billion if two NFL teams relocate to Farmers Field.[14]

In a February 2011 story published by InsuranceQuotes.com, Farmers emphasized that its naming rights agreement would be spread out over 30 years and that it could walk away from the deal if the Los Angeles stadium isn't completed. “While we have every confidence that this project will get done, if it does not materialize, Farmers Insurance will pay no money for the project,” said Mark Toohey, senior vice president at Farmers.[15]

In an open blog to the public on February 15, 2011 in relation to the Collective Bargaining Agreement negotiations with the NFL Player's Association, NFL Commissioner Roger Goodell expressed a desire to return the NFL to Los Angeles. He named Los Angeles first in listing cities that needed new NFL stadiums. He wrote, “The status quo means failing to recognize the many costs of financing, building, maintaining and operating stadiums. We need new stadiums in Los Angeles, Minneapolis, San Francisco, Oakland and San Diego.”[16]

On March 25, 2011, Gensler was selected by AEG to design the proposed football stadium.[17] Five teams; the Minnesota Vikings, San Diego Chargers, St. Louis Rams, Jacksonville Jaguars and Oakland Raiders were speculated as candidates for relocation. The Vikings were the front-runners [citation needed] until they were taken out of consideration after the Minnesota State Senate approved a financing package that would allow the team to build a new stadium in the state of Minnesota by 2016.[18][19][20]

The Los Angeles City Council approved the project in a 12-0 vote on September 28, 2012.[4] The building of the stadium is contingent on reaching a deal with the NFL and a team agreeing to move to Los Angeles. Teams can apply for making that move beginning January 1, 2013.[21]

With the departure of Leiweke from AEG, it appears less likely that AEG will participate in the construction of Farmers Field.[22]

Legal challenge and settlement

In 2009, AEG pushed for a state law that limited potential legal challenges against the stadium to a 175 day period.[23] A coalition of anti-poverty groups, including Los Angeles Community Action Network (LA CAN), opposed the construction of the stadium in its proposed location, due to the negative effect it was perceived to have on traffic, noise, and loss of affordable housing.[24]

In a settlement announced November 1, 2012, the coalition, called Play Fair at Farmers Field, secured "$50 million in concessions... including $10.3 million for a new platform at a Metro Blue Line station and $8 million in upgrades to a plaza outside the Convention Center."[23]

See also

References

  1. Jason Cole (21 December 2010). "2 NFL stadium plans complicate L.A. landscape". Yahoo! Sports. Retrieved 12 September 2011. 
  2. "Ed Roski: No Hard Feelings Over Stadium Plans". NBC LA. December 20, 2010. Retrieved 12 September 2011. 
  3. Ouroussoff, Nicolai (June 10, 2002). "Stadium Plan for Downtown L.A.: It's Clearly a Fumble". The Los Angeles Times. Retrieved 12 September 2011. 
  4. 4.0 4.1 Fine, Howard (28 Sep 2012). "L.A. City Council Approves Farmers Field Project Agreements". Los Angeles Business Journal. Retrieved 29 September 2012. 
  5. 5.0 5.1 Arash Markazi (December 16, 2010). "AEG unveils design plans for NFL stadium in L.A.". ESPN Los Angeles. Retrieved 12 September 2011. 
  6. Michael Lewis (4 November 2010). "L.A. Stadium Battle: Varsity Vs. the Frosh". San Gabriel Valley Business Journal. Retrieved 12 September 2011. 
  7. Sam Farmer (April 15, 2010). "Another NFL stadium plan for L.A.?". The Los Angeles Times. Retrieved 12 September 2011. 
  8. Vincent Bonsignore (December 1, 2010). "Magic Johnson, AEG want L.A. in the NFL game". The Los Angeles Daily News. Retrieved 12 September 2011. 
  9. Gene Maddaus (December 15, 2010). "Three Visions For Proposed NFL Stadium In Downtown L.A. Unleashed Today". Retrieved 12 September 2011. 
  10. Matt Mosley (September 15, 2008). "Jones building a legacy with $1.3 billion Cowboys stadium". ESPN. Retrieved November 28, 2008. 
  11. Mark Lacter (December 22, 2010). "More doubts raised about downtown stadium plan". LA Observed. Retrieved 12 September 2011. 
  12. Jon Regardie (December 10, 2010). "Leiweke Wants NFL Plan Within Three Months". Los Angeles Downtown News. Retrieved 12 September 2011. 
  13. Arash Markazi (August 10, 2011). "LA council passes AEG's stadium plan". ESPN. Retrieved 12 September 2011. 
  14. Arash Markazi (February 2, 2011). "Farmers to sponsor L.A. NFL stadium". ESPN. Retrieved 12 September 2011. 
  15. –Tina Sfondeles (2011). "Farmers’ stadium deal in L.A.: Boon or boondoggle for insurance customers?". InsuranceQuotes.com. Retrieved 12 September 2011. 
  16. Roger Goodell (15 February 2011). "Commissioner Goodell: "We need an agreement both sides can live with"". NFL Enterprise. Retrieved 12 September 2011. 
  17. Farmer, Sam (March 25, 2011). "Gensler selected by AEG to design proposed billion football stadium". The Los Angeles Times. Retrieved 12 September 2011. 
  18. http://www.foxsportsnorth.com/05/10/12/Vikings-stadium-approved-by-state-lawmak/landing_mnvikings.html?blockID=726636&feedID=5930
  19. Battista, Judy (10 May 2012). "Vikings to Stay in Minnesota". The New York Times. 
  20. http://www.washingtonpost.com/sports/redskins/zygi-wilfs-patience-helps-vikings-secure-a-long-term-home-in-minnesota/2012/05/10/gIQAxWTnGU_story.html.  Missing or empty |title= (help)
  21. Reid, Scott M. (September 29, 2012). "Farmers Field stadium plan gets L.A. City Council's OK". The Orange County Register. p. Sports 8. 
  22. NFL probably won't like this Philip Anschutz
  23. 23.0 23.1 Linthicum, Katie (11/1/12). "AEG strikes deal with coalition suing over proposed NFL stadium". LA Times. 
  24. "Our Work". Website. 

External links

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