Search
 

Carson Drops Stadium Plan, Gears for 157-Acre, Mixed-Use Development

CARSON, CA-The Carson City Council votes in favor of a one-million-sf mixed-use project in lieu of an NFL Stadium. The project will count 200,000 sf of retail, 800 units of multifamily and a 300-room hotel.

By Amanda Paxson | Updated on May 24, 2005

For more retail coverage, click GlobeSt.com/RETAIL.

CARSON, CA-In a unanimous 4-0 decision, plans to build an NFL stadium on a 157-acre landfill were axed by the Carson City Council. The site will instead inhabit a large mixed-use project spanning about one million sf. Hopkins Real Estate Group and Lennar Homes are partnering to undertake development of the site, which will include a clean-up process spanning approximately two years. Once complete, a one-million-sf development is planned, with 200,000 sf of retail, 800 units of multifamily and a 300 room hotel. “Economically, this plan works much better than if you drop a football stadium in the middle of that site,” Stephen Hopkins, president and CEO of Hopkins Real Estate Group, tells Globest.com. “It takes the uncertainty away from retailers.”The development will sit between the I-110 and I-405 freeways and currently does not have any set groundbreaking date. But developers have had their eye on the site for its accessibility and the need for retail development in Carson. “This is something that the City of Carson wants very badly. The council and staff are in sync and it’s a developer’s dream,” Hopkins says. Plans to build a NFL stadium at the location were complicated by the site’s origins as a landfill. After cleanup, the completion date for the stadium would have been 2010, two years before the Coliseum at Anaheim is set to open its doors. In addition to the site in Carson, the NFL was considering Anaheim, the Coliseum and the Rose Bowl as the home for a professional football team.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.