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Sunday, December 22, 2019

Anaheim City Council approves Angel Stadium sale

By a 4-2 vote, the council agreed to sell the city-owned stadium and the surrounding parking lots to a company controlled by Angels owner Arte Moreno. Council members Denise Barnes and Jose Moreno voted no, after the council majority rejected their proposal to postpone the vote.

The sale is the first in a series of agreements intended to transform an aging stadium and acres of parking lots into a vibrant entertainment district that would make the area come alive before and after the Angels play, and on days they do not play at all.

None of this transformation would happen soon, with the deal expected to close by 2025 and development expected to extend to 2050. Moreno’s company has six months to deliver a development plan to the city, including a decision on whether to build a new stadium or rebuild the existing one.

RoyalsRetro (AG#1F) Posted: December 22, 2019 at 08:33 AM | 0 comment(s) Login to Bookmark
  Tags: angels

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