The San Diego Chargers amended a key part of their plan to construct a new football stadium and surrounding urban village at the current Mission Valley stadium site.
In a letter to Assemblywoman Christine Kehoe, Mark Fabiani, the Chargers’ stadium point person, said the team isn’t pursuing establishing a redevelopment district for the 166 acres.
Because of the change, the Chargers said they would assume not only the $400 million cost for a new stadium, but the estimated $175 million in public infrastructure improvements at the site that was previously hoped would be assumed by the city.
The Chargers plan still calls for the city to grant the team some 60 acres of land that would accommodate about 6,000 housing units, a hotel, about 600,000 square feet of office space, and 230,000 square feet of retail space. The plan also entails development of a park along the San Diego River.
The Chargers have yet to select a development partner and are still mulling whether to work with city officials to get the project on the 2006 November ballot or use the referendum process that would entail collecting more than 60,000 signatures to get voter approval.