SoFi Stadium, the largest stadium built in Los Angeles County in nearly a century, officially arrives this month after years of development. The massive sports and entertainment venue — the new home for the Los Angeles Rams and the Los Angeles Chargers — is set to receive its certificate of occupancy from the city of Inglewood this week. At an estimated cost of $5 billion, it’s the most expensive stadium ever built.And while the first event at SoFi Stadium is now scheduled for mid-September, due to the Covid-19 pandemic, it will likely be next year before fans can take to the newly built stands.The venue, developed by billionaire Rams owner Stan Kroenke, promises to be much more than a home field for the two National Football League teams. It will also host major sporting events such as the 2022 Super Bowl, college football’s 2023 national championship game, possibly the 2026 FIFA World Cup, and half of the opening and closing ceremonies of the 2028 Summer Olympic Games (sharing those ceremonies with the Los Angeles Memorial Coliseum).
SoFi Stadium will also play host — eventually — to a steady stream of entertainment events, including at some point the Taylor Swift concert that was originally scheduled to open the venue on July 24 but was scrapped due to the pandemic. “The opening of the stadium is a significant milestone in Stan Kroenke’s delivery of his commitment to create a world-class sports and entertainment event venue in the heart of Los Angeles,” said Jason Gannon, managing director for SoFi Stadium and Hollywood Park. The stadium is intended as a centerpiece for a massive entertainment, retail, commercial and residential development on the nearly 300 acres owned by Kroenke at the former site of Hollywood Park racetrack. The first phase of that development — including an office tower that will house the headquarters of NFL Media, more than 500,000 square feet of retail space and 314 apartment units — is expected to open prior to Super Bowl LVI in February 2022. More residential units and a 300-room hotel are planned for later phases.