SAN DIEGO (CelebrityAccess) San Diego State University is weighing the construction of a new football stadium on the site of Qualcomm Stadium in Mission Valley.
According to the San Diego Union-Tribune, campus officials told San Diego Mayor Kevin Faulconer they want to buy or lease 47 acres of Qualcomm Stadium property for both stadium and academic purposes
Athletic Director John David Wicker said that he believes the university has the capacity to build its own football stadium, costing as much as $150 million, within three years, the Union-Tribune said.
The proposed plans call for the construction of a 35,000-capacity stadium that would be expandable to 40,000 and included no provisions for sharing the faciltiy with a Major League Soccer team.
The move comes while San Diego voters are considering a petitionto allow La Jolla-based FS Investors to lease the property for 99 years in order to build a Major League Soccer stadium that would also host SDSU football.
According to the Union-Tribune, FS Investors did not pursue a more traditional approach to seeking approval for their stadium as they were under time constraints by Major League Soccer to submit a stadium plan.
“We have negotiated in good faith with the university for two years, and we are disappointed that our $100 million gift and our previous agreements with the university have led to further moving of the goal posts,” FS Investors partner Nick Stone tp;d the Union-Tribune. “Despite this, we stand ready to work with the mayor to ensure that the taxpayers’ needs are respected and that the university is also accommodated in a reasonable manner.” – Staff Writers