Last night, we posted an item regarding a recent article in the San Gabriel Valley Times, in which City of Industry Mayor David Perez suggested that would-be L.A. stadium developer Ed Roski is considering other plans for the place on which the stadium would be built. Team Roski takes issue with that contention.
“Our 600 acre plan entails a stadium and a retail center,” a representative of Majestic Realty, the company Roski owns. “Our plans have always included both. Majestic is starting to receive significant interest from retail partners to be part of that development. It isn’t a question of whether we will build both a stadium and a retail center. The only question is which one comes first.”
Meanwhile, sports consultant Marc Ganis, who has worked with the NFL and the teams in the past, has said that Roski’s proposal is closer to coming to fruition than the rival project backed by AEG. “There is more fizzle to the downtown L.A. initiative,” Ganis recently told the Whittier Daily News. “But the Industry plan has more certainty and is more of the traditional football option.”
We don’t know whether Ganis currently is doing any consulting for the NFL. By helping keep the Roski project seem more viable at a time when the AEG proposal is gaining more steam, Ganis is at a minimum doing the NFL a favor.
The league’s best interests are served by having two competitive projects duke it out as long as possible, which will allow the NFL ultimately to leverage the best deal. That’s why AEG would love to score a knockout now — and why Roski would love to do the same. The longer this goes, the better the deal the NFL will be able to extract from the group that ultimately secures the privilege of hosting (and possibly owning part of all of) an NFL team.