Posted July 15, 200321 yr LOS ANGELES ? A multimillionaire developer who wants to buy the Los Angeles Dodgers said in remarks reported today that he would raze Dodger Stadium, move the team downtown and build thousands of housing units in Chavez Ravine. Alan Casden told the Los Angeles Times that his plan would include a new stadium near Staples Center. In a rare interview, the chairman and chief executive of Beverly Hills- based Casden Properties told The Times that his proposal amounts to "a $1 billion commitment to the city." However, Casden's plan remains, at least at this stage, little more than a dream, The Times reported. For starters, Casden is not even the front-runner in the bidding for the Dodgers, sources close to the team told the newspaper. The team's owner, News Corp., is hoping to cut a deal with Tampa Bay Buccaneers owner Malcolm Glazer. But Glazer's $360 million offer for the Dodgers has run into some problems, sources told The Times, related to his financing and his proposed management structure for the team. And if those issues can't be resolved, that might open the door for others including Casden, who is thought to have put the largest offer on the table, at $400 million. Even then, there would be many obstacles in front of him. Casden himself acknowledged that obtaining approval to build housing in the area is far from a sure thing. "It would depend on what the city would allow you to do," Casden told The Times. Known for his brusque, no-nonsense demeanor, Casden is listed on the Forbes 400 list of wealthy Americans with an estimated net worth of $800 million. He has developed or acquired more than 90,000 apartments in a career that dates to the 1970s. In addition to building upscale apartments, including the luxury Palazzo project recently completed next to Park La Brea in Los Angeles, Casden has been heavily involved in developing low-income housing.
July 16, 200321 yr We here at MLB will do all we can to preserve Dodger Stadium, like we do with all great, historic stadiums.
July 16, 200321 yr LOS ANGELES ? A multimillionaire developer who wants to buy the Los Angeles Dodgers said in remarks reported today that he would raze Dodger Stadium, move the team downtown and build thousands of housing units in Chavez Ravine. Alan Casden told the Los Angeles Times that his plan would include a new stadium near Staples Center. In a rare interview, the chairman and chief executive of Beverly Hills- based Casden Properties told The Times that his proposal amounts to "a $1 billion commitment to the city." However, Casden's plan remains, at least at this stage, little more than a dream, The Times reported. For starters, Casden is not even the front-runner in the bidding for the Dodgers, sources close to the team told the newspaper. The team's owner, News Corp., is hoping to cut a deal with Tampa Bay Buccaneers owner Malcolm Glazer. But Glazer's $360 million offer for the Dodgers has run into some problems, sources told The Times, related to his financing and his proposed management structure for the team. And if those issues can't be resolved, that might open the door for others including Casden, who is thought to have put the largest offer on the table, at $400 million. Even then, there would be many obstacles in front of him. Casden himself acknowledged that obtaining approval to build housing in the area is far from a sure thing. "It would depend on what the city would allow you to do," Casden told The Times. Known for his brusque, no-nonsense demeanor, Casden is listed on the Forbes 400 list of wealthy Americans with an estimated net worth of $800 million. He has developed or acquired more than 90,000 apartments in a career that dates to the 1970s. In addition to building upscale apartments, including the luxury Palazzo project recently completed next to Park La Brea in Los Angeles, Casden has been heavily involved in developing low-income housing. personally i think he's nuts.
July 16, 200321 yr They cant and wont tear Dodger stadium. They cant, that Ballpark is a legendary Park. The Dodgers wont let them....
July 16, 200321 yr They cant and wont tear Dodger stadium. They cant, that Ballpark is a legendary Park. The Dodgers wont let them....
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