The 80,000-seat football stadium and related office and retail development being proposed in Inglewood would boost that city's budget by $18.7 to $28 million a year over the next 15 years, while creating manageable traffic and environmental impacts.
Amid high prices and tight supply, sales of previously owned homes fell to their lowest rate in nine months in January as the housing market continued its erratic recovery.
The day after startling news the San Diego Chargers and Oakland Raiders plan to build a stadium to share in Carson, the Los Angeles area appeared to be in its best position in years to finally end the NFL's two-decade absence.
At $1.7 billion, the stadium being proposed in Carson by the San Diego Chargers and Oakland Raiders would be the costliest ever built in the National Football League.
Surprise, disappointment and, in some cases, silence greeted news Thursday night that the San Diego Chargers and Oakland Raiders plan to build a stadium in Carson.
The dispute that has snarled West Coast shipping revolves around a rarity in American business — a small but mighty union.
Southern California's housing market got off to a slow start for the year in January, with sales down and prices treading water.
The development company that is on a fast track to building a professional football stadium in Inglewood has poured more than $100,000 in campaign contributions to elected city officials, according to campaign finance reports.