Stadiums Do Little To Help Urban Growth

Anaheim's local government, wary of bringing an NFL stadium into the area, says it would do more financial harm than good.

1 minute read

May 13, 2005, 11:00 AM PDT

By Brenda Meyer

"While American cities have traditionally assumed sports facilities would trigger urban development, local governments are increasingly wary of such assumptions -- and of using public money on the basis of them.

The NFL is considering potential stadium sites in Anaheim, Carson, the Coliseum and the Rose Bowl. Anaheim wants to include a stadium on a 40-acre chunk of the Angel Stadium parking lot, within what the city dubs the "Platinum Triangle," an 820-acre site that would blend a baseball stadium, a football stadium and the Arrowhead Pond in what city planners call 'an urban environment of a scale never before seen in Orange County.'"

Thanks to Brenda Meyer

FULL STORY: Economists: Stadiums Are Bad Investments

Thursday, May 12, 2005 in The Los Angeles Times

Community / Economic Development California

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