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LA Starts Talking Convention Center Update With No Stadium

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LA is officially going into "the Downtown NFL stadium isn't happening" mode--developer AEG's Farmers Field plan, which includes an overhaul of the LA Convention Center, has been seriously thrown into doubt recently, so the city is now looking at other options for updating the aging and weirdly-configured Convention Center. Yesterday, the city's special Farmers Field committee asked for a report (to be delivered in a month) of potential alternatives; city officials will work with think tank Urban Land Institute to come up with ideas. According to the LA Times, possiblities "include operating a new hotel to bring in revenue, as has been done in Chicago, or floating bonds and implementing new taxes to help pay for a renovation." (The city is currently in the process of finding a partner for a four-star hotel near the Convention Center.) Of course the city says it'll still work with AEG on bringing a football stadium to Downtown and blah blah blah, but the developer's owner has been jerking everyone around, putting the company on the market and taking it off (and also refusing to back down from a stadium/team ownership plan that the NFL has long said it finds unacceptable). AEG has until October 2014 to find a team and gets its ducks in a row before its project agreement with the city expires.
· L.A. wants Convention Center alternatives to AEG stadium plan [LAT]
· Can LA Update Convention Center Without a Football Stadium? [Curbed LA]

Farmers Field

W. Pico Blvd. & S. Figueroa St., Los Angeles, CA 90015 Visit Website