California is home to plenty of professional sports stadiums and arenas. A state legislative committee held a hearing today near the Los Angeles Memorial Coliseum on the effect those venues have on local economies.
Los Angeles Assemblyman Mike Davis chairs the state assembly's committee on Arts, Entertainment, Sports, and Tourism. He convened the hearing to raise public awareness about the potential benefits of a pro sports facility.
"There are numerous living wage jobs, not just concession stand jobs, but jobs that pay a living wage," said Davis. "These businesses and organizations help grow small businesses around them — restaurants and hotels. So there is some impact that is positive on local government."
The panel heard from representatives of the Los Angeles Sports Council and the Coliseum Commission. A presentation by Ted Tanner of Anschutz Entertainment Group supported Davis’ claim. Tanner said that when AEG staffed Staples Center and LA LIVE, it looked for workers from neighboring ZIP codes.
"I would say that over 53 percent of the jobs that we created — and it is thousand of jobs, in the hotels, for the clubs, for the arena that are being filled by community residents," Tanner said.
Tanner touched on his company’s plans for the future. He mentioned AEG’s early exploration of a possible NFL stadium that would occupy a portion of the Los Angeles Convention Center. Another developer, Ed Roski, hopes to attract a pro football team by building a stadium in the City of Industry.