There are very few details about this stadium itself. Following the vote on Tuesday night, Chargers and Raiders officials are expected to provide more details in a meeting with NFL officials in New York.
According to an article in the Los Angeles Times, the Chargers expect to follow a plan similar to the plan pursued by the San Francisco 49ers for the construction of Levi's Stadium in Santa Clara. The rough outline of the plan works as follows:
- The projected stadium cost is currently $1.7 billion.
- Carson would create a Stadium Authority.
- The Chargers will purchase the land through a subsidiary, then transfer the land to the newly created Stadium Authority.
- The Stadium Authority would then issue bonds for construction. These bonds would be repaid through sale of PSLs, naming rights, stadium surcharges, etc.
- The NFL will provide $200 million per team, either with a special fund -or- amending their bylaws to allow the teams to receive money from the G4 loan program.
- Goldman Sachs, along with other banks, would loan the Stadium Authority the remaining money to complete construction. The stadium authority and team(s) would then repay the loans from the banks.
- Additional development would take place on the site, including a 350 room hotel and an 850,000 square feet of additional commercial development space - funny that the NFL isn't concerned with "additional mouths to feed" in the Inglewood and Carson projects, but it's problem in San Diego.
An entitled Carson Stadium Project does not "draw Carson even with Inglewood."
The Carson Stadium Needs Two Tenants to Ensure Profitability
The Carson Stadium Site Has Issues
"The Project Site does contain some hazardous materials and remediation activities will be needed to ensure the Stadium project can be built and operated safely."
- Changes to piling locations.
- Changes to the landfill cap.
- Changes to the Landfill Gas Control system.