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December 15, 2018
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PRESS RELEASES
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Kosmont Companies to Handle NFL Stadium Negotiations

1/11/10

Kosmont Companies was retained by the City of Walnut to evaluate an Economic and Fiscal Impact Analysis prepared for the City of Industry, and negotiate with the City of Industry and Majestic Realty concerning Majestic's proposal for the development of a new 75,000-seat, $800 million NFL stadium in Industry near the border with Walnut.

Kosmont Companies helped to structure the settlement, which resulted in $9 million for traffic mitigations to Walnut and the payment of a Community Fund of up to $500,000 annually for 30 years to Walnut.

Kosmont Companies also provided technical support to help the City of Walnut identify and value the project mitigations.

Contact us:

865 S. Figueroa Street, Suite 3500, Los Angeles, CA 90017
Phone (213) 417-3300 Fax (213) 417-3311
www.kosmont.com





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