L.A. Weekly has a long piece up about how the new Rams stadium development will affect the future of Inglewood, and answers, “Reply hazy, ask again later“:
We’re talking about roughly 25 events year — a bump for the Inglewood tax base but probably not much of an economic stimulus on its own.
No, the real economic kick will come from the office space/housing/God-knows-what-else components of the project, and we really don’t know the scope of that yet.
Also, the story notes, this could increase the pace of gentrification in Inglewood, or it might not, either of which could be good, or bad, depending on your perspective.
Meanwhile, Bloomberg News has its own long piece about how the FAA is working with the Rams to make sure the new stadium doesn’t mess with radar and cause planes to crash, which is actually a concern. “You’re trying to do the exact same thing that you do with a stealth airplane,” one aeronautics professor told Bloomberg, which doesn’t sound like something that would increase the cost of the stadium at all. It is a really, really good thing that Stan Kroenke is covering the construction costs on this one, because the way things are going, we could conceivably end up seeing the first $3 billion stadium in history.