Developer Scraps Plans for New Stadium

Qualcomm redevelopment project scrapped

A developer has officially pulled the plug on plans to build a $1 billion stadium as part of a redevelopment of the land surrounding San Diego's Qualcomm Stadium.

Developer Perry Dealy told the San Diego Chargers and the mayor's office Wednesday in an e-mail that he is abandoning plans for the project. Last week the Chargers rejected the proposal saying the project would be too enormous for the Mission Valley site.

The plans to redevelop Qualcomm Stadium called for a new 70,000-seat stadium with a 16-story hotel, 3.7 million square feet of commercial space, 500,000 square feet of retail space and 5,900 condominiums and apartments.

The Chargers are looking at Chula Vista and other options for a possible new stadium site.

Copyright AP - Associated Press
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