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Private group presents plan to buy and renovate Adelanto Stadium; council seeks more vetting
Summary
A private investor and promoter team led by broker Bob Archuleta and promoter Mike Chagun presented a bid to acquire and renovate the Adelanto Stadium & Event Center, proposing immediate upgrades, local hiring and an April grand opening; councilmembers pressed for investor disclosures and said the city will let the RFP period conclude before deciding.
A private investor group led by broker Bob Archuleta and promoters told the Adelanto City Council on Nov. 25 that it wants to buy, renovate and operate the Adelanto Stadium & Event Center and has offered a deposit to support a rapid close and April grand opening.
"We don't want to pinpoint that, but nearly 30 years," Archuleta said, introducing the team and describing its track record in venue promotion. He and the team said they plan to pay for renovations without asking the city to fund construction and seek a 30-day escrow to begin work immediately if the sale closes.
The presenters outlined a range of repairs and upgrades they would pursue, naming improvements to bleachers,…
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