LOS ANGELES—The Los Angeles Football Club is currently planning a $250 million soccer stadium to be built in Los Angeles’ Exposition Park.
The LA Football Club is an expansion of Major League Soccer, and made an official announcement on the stadium May 11. If approved, the stadium will mark the first open-air professional sports stadium built in LA since 1962 when Dodger Stadium was built. Construction is still awaiting approval from the Coliseum Commissions and Los Angeles City Council. Both parties have already expressed their support for the plans, with approvals expected for July.
The cost for the stadium has surpassed more than $100 million of its original estimate given six months ago. The stadium will use the Exposition Park Arena to sit on a 15-acre lot. It will also be next to the Los Angeles Memorial Coliseum. The stadium will hold seating for 22,000 people, and will also include a conference center, restaurants, and shops. The new MLS team is expected to make their first appearance in 2018 at the stadium.
Financing for the stadium will be done by the team and its ownership group. Owners include Lakers Hall of Famer and basketball legend Magic Johnson, co-owner of the Dodgers and the Golden State Warriors, Peter Guber, bestselling author Tony Robins, women’s World Cup soccer champion Mia Hamm, and Hamm’s husband former MLB all-star Nomar Garciaparra.