Draft Report for Stadium

The draft environmental impact report for Anschutz Entertainment Group’s proposed downtown Los Angeles football stadium will be released April 5, according to published reports.

Adoption of a final EIR is considered a major hurdle in construction projects moving forward in California.

 Residents will be able to comment on the draft and then city planners will work with AEG officials on modifications before a final EIR reaches the City Council for a vote.

The report is expected to reveal for the first time detailed plans and visuals for the 78,000-seat Farmers Field, according to the Los Angeles Daily News.

It will also outline parking options for stadium goers, traffic projections and expected noise levels for the $1.2 billion project.

The National Football League has yet to commit to bringing a team to the stadium, proposed in downtown Los Angeles near L.A. Live, AEG’s multi-block entertainment center.

The City Council approved a nonbinding agreement with AEG in August under which the developer will raze half of the city’s convention center and two parking garages to make way for the stadium. The city will use adjacent land it owns to construct a replacement hall for the convention center.

The combined cost of the convention center and stadium is estimated at $1.5 billion.

AEG will pay a fair-market value to lease the city-owned land under the stadium.

The money from the lease will be used to pay off $275 million of tax-exempt bonds to build the new convention center hall.

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