Billionaire Rams owner Stanley Kroenke is the new owner of the vacant Promenade mall in Woodland Hills

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Billionaire Rams owner Stanley Kroenke is the new owner of the vacant Promenade mall in Woodland Hills
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Councilmember Bob Blumenfield told the Los Angeles Daily News it was unclear if Kroenke would seek to build a stadium or training facility in Woodland Hills, or adopt a multi-use plan approved unde…

After months of speculation over who bought the vacant Promenade mall in Woodland Hills, Los Angeles City Councilmember Bob Blumenfield confirmed to the Los Angeles Daily News that its new owner is billionaire Stanley Kroenke, owner of the Rams.

“We know that that have different interests and they might put a stadium there,” Blumenfield said. “But unless they come to the city to ask for changes of some sort, and we grant them, they still have to do all what’s required in the entitlements” — the city’s agreement approved under the previous owner.

“Nothing is changed on the entitlement,” Blumenfield said. “The only thing that’s changed is that The Kroenke Group bought the property.”

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