What does the Rams moving to LA mean for inglewood real estate?

[Chad K.]

After hearing the news of the Rams moving to LA it made me think about how the nets moving to Brooklyn impacted the real estate in that area. I wish I was in a better financial position to take advantage of the Rams moving to inglewood, However what are the impacts of a professional team moving to a area change real estate economics?  And how can someone capitalize on the Rams moving to inglewood? 

[Matt Mason]

The Rams moving in and the football stadium itself mean pretty little IMHO (as much as I like it as a child Rams fan).  After all Inglewood pretty much went on the decline after the Forum was opened in the late 60's so a stadium is no panacea especially if people just drive in and then drive out, which is what happened at the Forum.

However, the development Kroenke and Stockbridge Capital are building at Hollywood Park is much more than just a stadium (Stockbridge was already going to build there before Kroenke bought his parcel and they combined the project).  NFL studios, housing, a new concert venue, hotel, office, and some retail will be involved.  They have 300+ acres and that is a lot of space to redevelop in a Metro area where that kind of land does not just come up in a central, non-mountainous location.  Now that the Forum has reopened as a concert venue it can synergize along with that as well.

I was in Downtown Inglewood a few months ago.  It has a nice feel and setup, but is pretty run down with not much business.  A Metro stop is being built a block or two away however and set to open in 2019.  That should give the Downtown area a nice pickup.