New stadium provides positive impact to regional business and jobs

SAN DIEGO (July 28, 2016) The San Diego Regional Chamber of Commerce Board of Directors today voted in support of the Chargers’ plan to build a multi-use sports complex and convention facility in downtown San Diego.

“We take pride in being an action-oriented business organization that works to continually move our region forward,” said Jerry Sanders, Chamber President and CEO. “After a thorough review of the plan we believe the Chargers Initiative is the best step forward in meeting the challenge before us: keeping our NFL team in San Diego and enhancing our convention industry.

“For us, it’s also a matter of civic pride, and the positive impact a new stadium would have on the East Village, Downtown, and the entire region,” Sanders said.

A special ad-hoc committee appointed by Board Chair Ernesto Arredondo and chaired by Sanders met with Chargers representatives, partner organizations, and interested stakeholders to examine the plan and its potential impact. The committee made its recommendation today during the Board’s regularly scheduled meeting, during which Chargers representatives made a special presentation and answered Board members’
questions.

“Having the support from the respected membership of the Chamber, and Jerry in particular, is tremendously important to our success in November” said Chargers Chairman Dean Spanos.

“We recognize and appreciate the role the Chamber plays in regional business issues and we look forward to working together to make sure this project moves forward in a way that is in the best interest of businesses and the San Diego community as a whole.”

A letter of support from Arredondo and Sanders was delivered to Spanos and outlined several considerations the Chamber requested be addressed by the Chargers. Among them:
· The Tourism Marking District be made whole at 2 percent
· Scheduling of games to best accommodate large events in the city
· Replacement parking identified for removal of Tailgate Park
· Appropriate community outreach to address infrastructure needs
· Absolute protection of the City of San Diego’s General Fund

In its review of the initiative the Chamber outlined several benefits the initiative offers:
· The important role an NFL team plays as a retention and attraction tool for business and employees
· The estimated 7,000 permanent and 15,000 construction and construction related jobs that will be created as a result of new stadium
· Additional space available for conventions
· Continued revitalization of Downtown and East Village

The Chamber will continue conversations with the Chargers as necessary to assist in addressing the outlined considerations and facilitating the community dialogue over the plan.

About the San Diego Regional Chamber of Commerce
The San Diego Regional Chamber is the hub for connections and collaboration among the regional business community, and uses that clout to advocate for public policies and candidates that support economic growth and the creation of jobs for all businesses. As the largest local Chamber on the West Coast, representing approximately 2,500 businesses and an estimated 300,000 jobs, the San Diego Regional Chamber is fighting to make San Diego the most business- friendly region in California. For more information, please visit SDChamber.org or call 619-544- 1300.

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