Former San Diego councilman talked to city leaders about a sports arena. Forgot to mention being a paid consultant for the project.
The group selected to do the project, Midway Rising, promised the city of San Diego that nearly 2,000 of the housing units were going to be given to low-income affordable housing residents. This promise of helping low-income people served as “the basis for the team’s selection” by the city. Unfortunately, several months after being given the project, Midway Rising decided that 250+ of these units and the hotel itself were going to cost them too much. So, they scrapped those projects. Then last…
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Monumental Sports lies about having the highest amount of private funding. Then deletes the post.
Monumental Sports was trying to claim on social media that the financing for the proposed arena would include the most amount of private funding for any project in recent memory and one of the least amounts of upfront state cash. One problem? It isn't remotely close to being true.
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