LA Angels May Be Moving To City of Industry

CITY OF INDUSTRY (CBSLA.com) — The Los Angeles Angels of Anaheim may be moving to Ed Roski's land in The City of Industry, according to the Los Angeles Daily News.

The Angels' current lease with the Big A expires in 2016, and, as the Daily News notes, the Angels at that time must either renew their lease through 2029 or move. According to City Hall at the City of Industry, preliminary talks have begun.

Ed Roski's real estate company, Majestic Realty Co., is one of three possible groups wanting to build an NFL stadium, but with no teams committing to make the move to LA, nothing has happened.

Roski's NFL plan was to build a privately funded $800 million stadium on 592 acres of land 20 miles east of Los Angeles.

The other two proposed sites are Chavez Ravine next to Dodgers Stadium and AEG in downtown LA next to Staples Center.

The question now is whether Roski will end his pursuit of building an NFL stadium or shift his focus on a state-of the-art baseball stadium for the Angels.

It was announced earlier this week that AEG is up for sale, with Guggenheim Partners and Soon-Shiong as possible buyers.

In February 2010, Roski gave CBS2 and KCAL9 Sports Director Jim Hill a tour of the site.