Wilson Meany broke ground on the 238-acre site in 2014 with completion slated for 2025.
The initiative, titled the 'City of Champions Revitalization Project,' will be built at no cost to taxpayers, if approved. Just a few miles east of Los Angeles International Airport, you’ll find Hollywood Park former stomping grounds of the legendary racetrack and the largest undeveloped parcel of land in the Greater Los Angeles area. 'We are very pleased that someone of his development stature has invested in Inglewood.' Butts Jr., the mayor of Inglewood, told KNX 1070. 'It's an exciting project for the city,' James T. The Hollywood Land Company, a joint venture between Stockbridge Capital Group and The Kroenke Group, plans to build an 80,000-seat stadium, a 6,000-seat performance venue, a 300-room hotel, 2,500 residential units, 1.7 million square feet of retail and office space and 25 acres of public parks, playgrounds and open space on the site. Stan Kroenke, who bought a 60-acre lot between The Forum and Hollywood Park Casino in 2013, has teamed up with the owners of the 298-acre Hollywood Park site to build the new arena. INGLEWOOD () - The NFL could be returning to Los Angeles thanks to a real estate development proposal to build a stadium and massive entertainment complex in the city of Inglewood.
