Chargers’ stadium plan would cost $1B
Okay, that’s a whole buncha money, and a good bit more than the $800 million that was the team’s last estimate, but given that the new San Francisco 49ers stadium is costing $1.3 billion, not totally unexpected. So what are the details beneath that headline?
A new stadium for the Chargers would cost about $1.2 billion if built as a stand-alone facility, but the city could save money by combining the project with the San Diego Convention Center expansion, a team official said Monday.
Okay, so that’s an even bigger bunch of money. And how would this saving money by combining it with the convention center work, exactly?
Fabiani said in the radio interview that if the stadium and convention center expansion are constructed separately, the price tag would be around $1.6 billion. The figure would lower by $1.2 billion under the Chargers proposal to build them together, he said.
Presumably they mean lower “to” $1.2 billion, which means that this whole “saving money” thing would be more accurately described as “the stadium would cost less if the city kicked in some of its convention center expansion money,” maybe?
Any more details, Fox 5 San Diego, on who would pay how much toward this however many billions of dollars, or where that money would come from? No? Oh, well, I didn’t say they were good journalists, just the only port in the storm…