Rams owner Stan Kroenke has bought the Anthem property directly adjacent to the Promenade Mall, which he purchased earlier this year for a training ground. He reportedly spent $175 million for the 32-acre site. This brings his total holdings in Warner Center to 65 acres – opening the possibility of a mixed use development in addition to the practice stadium. “I think we’ve been very clear from the beginning of moving back that our goal was to find land in the San Fernando Valley to go do a major real estate development along with the practice facilities to give us another center of energy,” Rams COO Kevin Demoff told the L.A. Times. A source tells Valley News Group there are possible plans to move the approved stadium from Topanga Canyon Blvd. to another part of the property.
