San Diego state officials today unveiled drawings of the proposed stadium in Mission Valley. It is a signature structure in the schools 2011 Wes proposal. -- West proposal. It would create a $3 million transformation of Mission Valley. Eric Anderson has details.The vision for the site was flushed out because of the architectural firm carrier. He was approached with the task of designing a college campus that fits naturally in the space.Open-space is the first thing you think about.Reporter: --Its is lower than the main project area. That would allow for seasonal flooding. A large slice of the parking lot would be raised to allow for construction of a stadium, housing units, hotel space and retail space.We believe this project has a capacity to create a development on the upland. Never rejecting the fact that open-space needs to be the priority for a great project.Parking would be underground or integrated into the buildings. The drying show buildings that share Spanish colonial design trains. There's a clock tower in the heart of the campus area, streets that serve as a gateway and enough commercial space. John says there is major work acquired once they put the first shovel in the ground.Flooding issues, water issues. That has to happen on the front and. There's utility work that has to be done.It is a pizza would come in phases. Building a stadium for the asset football team is a party that has to be worked on quickly.The first phase will involve the community parks, River Park, stadium, and early residential site and innovation hub or campus site. We anticipate the full development to take 15 years. That will be influenced by market conditions.San Diego State University president says the design meets the University's long-term plans to expand beyond the 283 acre campus on the Mesa. She says they can be built without taxpayer dollars.We talk a lot everyday about whether or not there should be more of a state or public investment in the University. We don't make the decisions about how much is invested by the state of California. We work with the outcome of that. So perhaps there should be but we won't count on it. Will be prepared to move forward with the plan that we are confident can be self financed.The land in the campus portion could be sold to a developer and improved in the structures could be rented -- rented to the schools. Once happens, they would take control of the buildings. Those types of private public partnerships can be used to finance everything at the site but the stadium. That will be paid for by revenue bonds. He says no public money will be needed in the city of San Diego will benefit from the sale of the land at fair market value.There will also be tax revenue generated at the site. We are hiring a firm in the next few weeks to actually do some calculations so we can put a number to that.The whole project relies on voter approval. Friends are in the process of gathering signatures for the measure that allows the city to sell the land to the school. Rival investors have qualified a measure for the Bally. It seeks to build housing, commercial space, River Park in a sports stadium to bring a major league soccer franchise to the city. The plan is the same as there is but the 2011 plans has no binding commitments.Joining me now is Erik Anderson. What exactly did SDSU officials released during the news conference?They kind of gave a more complete picture of what they're hoping to do with the stadium portion of the plan for Mission Valley. Yesterday a look at the overall site and today focus on plans for a $250 million stadium that seats about 85,000 fans.Would it be located on the side of the former Qualcomm Stadium?No, if you think about the parking lot it is located in the center of the parking lot. This stadium would go to the north west corner. So up near where the office complex that separates Costco and the IKEA shopping mall up near that just across the street from where the fire station is.Remind us what the situation is now with Qualcomm Stadium now that Daniel county credit union stadium. Who is playing there and was happening with the?Right now the only tenants is set to go state University. They had their football games played there. Their lease expires at the end of next year so the city hasn't been negotiating test they haven't signed any deals beyond 2018. I think the anticipation is something will happen with that side although San Diego voters will play a big role in what does actually happen. The Aztecs are playing their through the season and hoping that the voters approve their initiative to redevelop this piece of land so they can start construction to go that won't happen until the end of next year at the earliest two years for them to build the stadium and then play in it. They have to figure out where they're going to play while the stadium is being built. They would like to continue to play at Qualcomm Stadium and that is something that they have negotiated with the city.The plan is different from the SoccerCity plan and that the stadium would be larger. SDSU says the stadium can accommodate multiple purposes. Tell us about that.It's not a football stadium, it's a multi-sports stadium. 35,000 seats. SoccerCity proposal for MLS major league soccer stadium could be as big as 33,500. It is larger. The stadium would sit below the ground level of the parking lot. So it's in this little ball and they can move around some of the lower sections are good they say they're willing to entertain any professional sport that wants to use that as a home. That could be NFL stadium, soccer team. The current state of stadiums in the NFL is 1 billion+ facilities. Is are going to be a major league soccer team available after the end of the year? I don't know that either. On that sure if they know that. There could be a lower-level soccer team that gets there. The University says they want to make as much use of the facility as a can. That is primarily to generate the revenue that they would need to pay back the lease bonds to finance the construction.Was there a disagreement about the stadium?That is a very good question. I wish we had both sides of the room to answer that question because I think that what you hear from them are different things. Justin watching this situation, I believe it's tied more to the redevelopment of the site not just a stadium. Senegal State University yesterday said that they are very interested in having this research park that -- this housing for students. Something you notice when you start to stack the numbers next to each other is that they are similar in what they want to do for that site. I think the one thing that we can say for sure that is different in the two proposals is that the SoccerCity proposal requires a major league soccer team to become a tenant for that to move forward. The San Diego State University does not have that requirement.What happens now? How does SDSU move forward?I think that right now the attention with the -- will shift to the initiative. These plans that we saw today for the stadium in the plant that we saw yesterday for the whole area are all reliant on the success of this SDSU initiative . Presuming that it does qualify for the November ballot, there will be two issues on the ballot next November. One for SoccerCity development and one for the SDSU west development. San Diego voters could it be both or approve both with the highest one being the ones that is adopted. It depends a lot on that vote what happens moving forward. If San Diego State is an approved, what happens then?I've been speaking with Erik Anderson. Thank you.My pleasure.
One day after San Diego State University unveiled details of its plan to expand into Mission Valley, Aztecs athletic department officials are scheduled Thursday to provide further information on the stadium portion of the project.
RELATED: SDSU Unveils Campus Expansion Plan For Mission Valley
The $3 billion campus expansion onto San Diego County Credit Union Stadium property would encompass 1.6 million square feet of classroom and research buildings, a river park and open space, 4,500 housing units, retail shops, a pair of hotels and a multi-use 35,000-seat stadium for college football and other sports, according to SDSU.
The stadium would be included in the first phase of development and take two years to build, JMI Realty CEO John Kratzer said. It would be funded by bonds that would be paid off with future revenues from the facility.
The Mission Valley site became available when the Chargers announced their move to Los Angeles. City officials hope to close the money-losing SDCCU Stadium at the end of the 2018 college football season, but SDSU has been discussing a lease extension to buy time for construction of a replacement.
Petco Park could also be made available for the Aztecs in the interim, but the Padres have balked at offering more than one season. Some modifications to the ballpark would have to be made to accommodate football contests.
Arrangements would most likely be necessary because SDSU still has to gain rights to the property. A group called Friends of SDSU said Tuesday that it is on track to gain enough signatures to qualify an initiative for the ballot, likely in the November general election.
RELATED: Mission Valley’s SDCCU Stadium Among Top 10 Endangered Landmarks In San Diego
However, the measure would likely have to compete with the SoccerCity initiative, which successfully went through the signature collection process earlier this year.
The development could also be slowed because Kratzer said it will go through a full environmental review process.
Gordon Carrier of the design firm Carrier Johnson + Culture said the proposed stadium would be on the northwest corner of the property. It would be expandable, if necessary, and could host soccer or other sports, he said.
The facility would be bordered by a park for tailgating, two hotels and retail establishments, according to Carrier.