Chargers Reject Proposal For $1 Billion Stadium

May 29, 2009

The San Diego Chargers rejected a developer’s proposal to build a $1 billion stadium as part of a redevelopment of the land surrounding Qualcomm Stadium. The organization believes the project would be too big for the Mission Valley site. Even before developer Perry Dealy revealed his plans to the public, attorney Mark Fabiani sent the developer a letter that stated the team does not think it has a realistic chance. The letter also told the developer to stop referring to the Chargers in promoting the project. “Southern California’s only NFL team has said since 2002 that it needs a new stadium to remain financially competitive with other franchises. Three years ago the Chargers gave up on their own plans for a stadium at the Qualcomm site, but Dealy crafted a new proposal anyway, despite Fabiani’s warning to him in January that the team spent several years and millions of dollars trying to make a project there work, said Fabiani, the team’s lead negotiator on the stadium issue.” Fabiani has criticized Dealy’ project, calling it a complete disaster, with unrealistic skyscrapers and mythical prices. Even after receiving the attorney’s letter, Dealy went ahead with the news conference to announce his own plans. The Chargers are hoping they can build a stadium on San Diego Bay in suburban Chula Vista, but the project has been halted due to the uncertainty over the shutdown date for a power plant on the site.

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