Los Angeles neighborhood real estate market expected to score as Chargers join Rams at new stadium

los angeles real estate inglewood

The Chargers’ decision to join the Rams at a splashy new stadium in Inglewood has at least one builder even more pumped up about the city’s prospects.

The promise of pro football in Inglewood, still three years away, has already given a lift to real estate developer Sandy Sigal, who is spending $15 million to renovate a 1960s-era shopping center there. 

The football buzz, which started a year ago with the Rams’ decision to play at a $2.66-billion sports and entertainment complex now under construction, has given Sigal clout with desirable tenants —  the kind who might have turned their noses up at the city in the past.

“Once the Rams announced, it made a bunch of those retailers who didn’t know where Inglewood was, or had a preconceived notion about it, think,” said Sigal, president of NewMark Merrill Cos. of Woodland Hills. “It pushed a lot of guys over the edge.”