Developers of a proposed NFL stadium in downtown Los Angeles unveiled renderings of three possible designs for the sports and convention complex at a press conference Wednesday.
AEG, the company that owns LA Live and Staples Center, showed off the drawings by three architectural firms that made it to the final round of the design selection process.
Tim Romani, president of the project management firm ICON Venue Group, promised the football stadium and new facilities at the Los Angeles Convention Center would come in at under $1 billion — including the cost of expanding and modernizing the convention facilities — and would require no taxpayer money.
The plan includes tearing down the convention center's West Hall and rebuilding within a year. AEG said it's negotiating with the city to build new convention space connected to the newer South Hall.
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