Proposal From Angels On Parking Lot Development Is Expected In Two To Four Months
By: Bill Shaikin, Los Angeles Times
Date: March 19, 2019
“The Angels could propose a plan to develop the Angel Stadium parking lot in two to four months, Anaheim city manager Chris Zapata said Tuesday.
The Angels have retained Brooks Street, a development company based in Newport Beach, as a consultant on a potential Anaheim project. The city hopes the Angels might agree to build restaurants, shops, offices and/or homes in the stadium parking lot, with the team using development profits to pay for a new or renovated stadium.
Zapata said he believed negotiations with the team were in “the bottom of the first [inning].” He said he and Mayor Harry Sidhu had met Monday with John Carpino, the Angels’ president, and a Brooks Street executive.
The Angels’ stadium lease expires after the 2020 season. The team is negotiating with Anaheim and Long Beach, which would like to lure the Angels to a waterfront site….“