City of San Diego and SDSU move closer to purchasing SDCCU Stadium

The San Diego City Council unanimously voted Monday to proceed with San Diego State University's offer of $86.2 million to purchase and redevelop the SDCCU Stadium

The council voted to direct the city's negotiating team to continue drafting a formal transaction document with the goal of approving it by January and closing escrow by the end of March. Negotiators are expected to give updates to the council each of the next three months on the sale's development.

Photo: Getty Images