Friday, January 31, 2014

St. Louis Rams owner buys potentially stadium-sized chunk of land in Los Angeles (Shutdown Corner)

Are the St. Louis Rams taking the first step to return to Los Angeles? Rams owner Stan Kroenke has bought a large tract of land in Inglewood, California — about 12 miles from downtown L.A. — that potentially could be used for an NFL stadium, the Los Angeles Times' Sam Farmer is reporting. Kroenke purchased a 60-acre parking lot located between the soon-to-be-shuttered Hollywood Park racetrack and The Forum that originally was owned by Wal-Mart but was sold when the superstore they wanted to build was not publicly approved. Madison Square Garden Co., which owns The Forum, had wanted to buy it but didn't act fast enough. Interestingly, Kroenke is a former Wal-Mart board member as the son-in-law of former Wal-Mart co-founder Bud Walton.



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