Majestic Realty terminates negotiations with Walnut over proposed NFL stadium
By Amanda Baumfeld, Staff Writer
Posted: 05/28/2009 10:00:20 PM PDT
WALNUT – Majestic Realty has terminated negotiations with Walnut over a proposed NFL stadium, saying city officials requested a “wish list of tens of millions of dollars” that had little to do with the project.
As Walnut and Industry parted ways Thursday, San Diego Chargers officials rejected a bid for a new stadium in San Diego. The Chargers are among four teams being courted to move to Industry.
In Walnut, members of the City Council have adamantly opposed Majestic’s proposal for a 600-acre, 75,000-seat stadium complex near the 57/60 freeway interchange in Industry. The project was proposed by billionaire developer Ed Roski Jr., who owns Majestic Realty Co. and is close friends with the Spanos family, which owns the
Read the letter from John Semcken regarding the failed negotiations with Walnut. Chargers.
Roski wants to buy part of a team and move it to Industry.
Majestic Vice President John Semcken on Wednesday night presented a letter to the Walnut City Council outlining his complaints.
On Thursday, he said negotiations with Walnut were over.
“They put together an enormous wish list of items that have nothing to do with project or the impact of the project,” Semcken said. “As a result, until they come back with realistic negotiations with the impacts we hereby terminate all negotiations.”
Some of Walnut’s requests included an aquatics center, a banquet facility, citywide landscaping, a 48-acre park and work to make Meadow Pass Road a through street, according to Semcken’s letter.
“What was in that letter was the tip of the tip of the tip of the iceberg,” Semcken said.
Jan Chatten-Brown, an attorney hired by Walnut to deal with the stadium issue, said Semcken is “mischaracterizing the conversation.”
“Walnut in good faith tried to quantify the amenities to offset the adverse impact on the quality of life,” Chatten-Brown said.
The city will go to court to challenge the project, she said.
In San Diego on Thursday, Chargers officials turned down developer Perry Dealy’s proposal to build a $1 billion stadium as part of a redevelopment of the land surrounding Qualcomm Stadium.
Hours before the project was to be announced, Chargers attorney Mark Fabiani sent the developer a letter saying the team wanted him to stop referring to the Chargers when promoting the project.
The Chargers in January hired a marketing firm to drum up interest for the team in the Los Angeles area.
The Associated Press contributed to this story