Rams Owner Stan Kroenke Joins Investors In Sports Arena Redevelopment

By Chris Jennewein, Times of San Diego:

San Diego Mayor Todd Gloria and the Midway Rising team announced Monday that the real estate development firm founded by Los Angeles Rams owner Stan Kroenke will become a partner in redevelopment of the 48.5-acre San Diego Sports Arena site.

“Today’s announcement of The Kroenke Group’s addition to the Midway Rising team underscores that San Diego is a world-class city that can attract significant investment in projects and enterprises that elevate the community for all our residents,” said Gloria.

“I’m proud to welcome The Kroenke Group to San Diego and am looking forward to seeing the sports arena property’s transformation into a place for San Diegans to live, work and play,” he added.

The privately held Kroenke Group manages more than 100 million square feet of real estate across the country and has developed SoFi Stadium in Inglewood, Emirates Stadium in London, and Ball Arena and Dick’s Sporting Goods Park in Denver.

The firm’s founder owns NFL’s Los Angeles Rams, NBA’s Denver Nuggets, NHL’s Colorado Avalanche, MLS’ Colorado Rapids, as well as Arsenal F.C. of the English Premier League.

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