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Analyst casts doubt on economic benefit of downtown L.A. stadium

Aug 27, 2011 12:24:53 AM- latimes.com
California official says developer AEG probably overstated the financial boost. He speaks at a hearing on the fiscal effect and a possible bill to let AEG curtail legal challenges on environmental issues.

The office that advises the California Legislature voiced doubts Friday about the level of economic benefit that would come from an NFL stadium in downtown Los Angeles, saying studies commissioned by the project's developer "likely overstated" the financial boost it would deliver.


USA, California: (Latest Stories)