CARSON, CA – City council members in Long Beach, Bellflower and Compton have passed resolutions supporting the planned Carson football stadium as a relocation option for the San Diego Chargers and Oakland Raiders. The professional football stadium project supported by the Chargers and Raiders organizations has been approved by City of Carson.
The Long Beach, Bellflower and Compton resolutions cited the potential for new jobs and substantial economic benefits from construction and operation of the Carson stadium as the primary reasons for the respective cities’ support for the $1.7 billion project.
An independent study of the economic impacts of the Carson stadium project released in April 2015 by the Los Angeles County Economic Development Corporation’s (LAEDC) Institute for Applied Economics (IAE) forecast an infusion of more than $520 million to the regional gross domestic product (GDP), potential for more than $600 million in local labor income, nearly $900 million in total economic output, and nearly $60 million in new state and local taxes revenues.
Furthermore, the study found the proposed stadium’s construction would result in $2.6 billion in total output, $1.1 billion in local labor income and an estimated 16,740 annual jobs created. The LAEDC’s study projected that more than 13,000 new jobs could be created by the proposed stadium’s annual operations assuming two NFL teams occupy the stadium.
