The Los Angeles City Council Approves $1.5B Downtown Football Stadium

The Los Angeles Sports and Entertainment District has now become even more “Live” with the recent long-awaited official announcement of plans to build a new Farmers Field (a new sports and event venue) in Downtown Los Angeles. The L.A. city council voted late Friday 12-0 in a unanimous decision pave the way for it’s newest stadium. Los Angeles, who hasn’t had an NFL team in nearly 18 years, will be able to be able to accept applications from teams for the city on New Year’s Day 2013.

The San Diego Chargers, St. Louis Rams, Jacksonville Jaguars and Oakland Raiders are expected to be the top teams willing to relocate currently to Los Angeles. Farmers Field is scheduled to break ground by March 2013 and could potentially open in 2017 in time for the NFL season pending the security of an NFL team. The stadium is expected to hold 68,000 expandable to 72,000 and will also feature a retractable roof.

Check after the jump to view a preview video of Farmers Field and the new look downtown Los Angeles.

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