Walnut Cracks, Accepts Football Stadium
Details are beginning to emerge from the deal between the City of Industry, which backs developer Ed Roski Jr.'s quest to build a 75,000-seat football stadium there, and the city government of Walnut. The latter had been fighting the proposed stadium-retail-entertainment complex, even after neighboring Diamond Bar threw in the towel. Apparently Walnut will receive from Industry a settlement of $9 million and yearly payments of $350,000 to put up with the noise and traffic it had predicted would bring the apocalypse down upon communities near the site, located where the 57 and 60 freeways meet.
The San Gabriel Valley Tribune reports that "Industry will pay Walnut $9 million for traffic improvements. In addition, Industry will pay for all improvements on Valley Boulevard near Fairway Drive and pay a 'fair share' of three other traffic improvement projects. The Triangle Business Journal notes that Industry will also build an L.A. County fire station near the planned stadium, and that all parties will try to get a Metrolink station built nearby.
Meanwhile, Roski/Industry's attempt to get the state senate to pass a
special law to get environmental safeguards waived for the project
seems on track, according to the L.A. Times, which also notes
that a Walnut citizens group is still fighting the $800 million
project, which has yet to draw any commitments from a National Football
League to relocate to Industry.
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