Mission Valley — at the current Qualcomm Stadium site — has emerged as the preferred location of a new San Diego Chargers stadium, but plenty of issues need to be addressed before that first shovel of dirt is turned.
A new stadium is key to keeping the Chargers in San Diego: the team has purchased land in Carson (in the greater Los Angeles area) but is still working with San Diego officials on a new-stadium plan. After there were issues with the Chargers’ preferred site — downtown San Diego, in the Petco Park/convention center area — the city then moved onto the current Qualcomm Stadium site. Makes sense: there’s infrastructure in place, and the area is ripe for more development, so the mayor’s task force on a new stadium settled on Mission Valley.
But while the site may seem to have lots of advantages, there’s a key disadvantage: there’s no financial plan. The Chargers and the NFL will put up $200 million each for a new stadium, which should be enough t0 get the ball rolling. But there will probably need to be other money in the plan (despite what the mayor’s task force says, $400 million may not be enough for an new open-air stadium, even with free land in the mix), and there are some other costs, like abatement, that may come into play. From the San Diego Union-Tribune: