May 15, 2008
49ers mull stadium on obscure garbage dump
The San Francisco 49ers have confirmed that they're looking into the city of Brisbane as a fallback option if negotiations to build a new stadium in Santa Clara fall through. How serious an option is an open question, though, given that Brisbane doesn't have any money to contribute to the deal, and that the owner of most of the site - a former garbage dump - thinks it's a lousy idea:
"It's not what we envision for the site," [Universal Paragon Corp. development director] Jonathan Scharfman] said. "We can't currently see the economic driver in a project that would trade 80 acres of developable land for a stadium that requires fairly significant subsidy."
With the 49ers engaged in intense negotiations with the city of Santa Clara - right now neither side is budging on filling the project's budget hole - and facing a June 3 vote on approving a stadium deal in San Francisco, though, it's probably any semi-legitimate fallback option in a storm.
Posted by Neil deMause
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