Orange County Business Journal

Report: Angels Talk With City of Industry

Jerry Sullivan Thursday, September 20, 2012

The Los Angeles Angels of Anaheim have discussed the possibility of moving the team to the City of Industry, according to a report in the Los Angeles Daily News.

The Angel’s lease at Angel Stadium, owned by the City of Anaheim, is up in 2016, when the team would have to either move or renew its lease until 2029.

Angels owner Arte Moreno has indicated he would make a decision on whether to move the team before the end of 2013.

The report on talks with City of Industry was based on a source identified as someone with close ties to government officials in the San Gabriel Valley city. It follows similar reports several months ago about the Angels looking into the possibility of eventually moving to Los Angeles, where a new football stadium is on the drawing board for the city’s downtown. Talk of an Angels move also prompted speculation about a second, baseball-only stadium there.

There also is a proposal for a football stadium in City of Industry, which is seen as competition with the downtown plan.

The downtown plan is from Anschutz Entertainment Group, and a recent move to put the company up for sale has led to speculation about the proposal, which has not been fully approved by city officials in Los Angeles.

The City of Industry plan is from Majestic Realty Co.

Both the AEG and Majestic Realty proposals are based on hopes of landing a National Football League team to the area.

Majestic Realty now appears to be lagging in the competition to host an NFL team but would be willing to adjust its proposal for a baseball franchise.