Sometime later this month, Angels owner Arte Moreno is expected to announce his plans and his vision for the future of Angel Stadium, according to the Los Angeles Times.
Back in December of 2019, the Anaheim City Council announced that they were ready to sell 153 acres and Angel Stadium to Arte Moreno. This would help keep the Angels in Anaheim for the foreseeable future. The team would be there through 2050, with five five-year options, playing at either a renovated Angel Stadium or a brand-new stadium.
Here’s a snippet from from the Los Angeles Times:
The site is half again as big as Disneyland. According to a study Moreno commissioned before the sale to evaluate potential development opportunities, more than 4,000 apartments and 700 condominiums could be built on the site, plus a hotel with more than 900 hotel rooms and offices that would employ 15,000 workers.
The study also envisioned full-service and fast-casual restaurants, a beer garden and wine bar, a grocery and drug store, merchandise retailers, fitness and recreational centers and social spaces. The total project was estimated to cost $3.4 billion, with development in stages through 2050 and eventually covering 1.1 million square feet.
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