$1B soccer redevelopment initiative announced for ‘Q’ site – The San … – The San Diego Union-Tribune

A $200 million soccer stadium as part of  a $1 billion redevelopment of the Qualcomm Stadium property in Mission Valley was proposed Monday with a citizens ballot initiative drive as the vehicle to bring it about. 

The facility containing 20,000 to 30,000 seats  and projected to open in 2020 could  also be used by  San Diego State University’s Aztecs football team and other soccer teams. 

The project, coming 10 days after the Chargers relocated to Los Angeles, came from FS Investors, a La Jolla and San Mateo investment group with a variety of present and past ventures, including some sports and commercial developments. 

FS Investors, which has the exclusive right to apply for a Major League Soccer franchise, is still working out the details, but in briefings shared with various media outlets and city officials, the company said it proposes to: