The San Diego City Council selected Midway Rising to negotiate a redevelopment agreement for the city-owned sports arena property.

The proposal envisioned a new arena and entertainment district alongside 4,250 homes, with 2,000 designated as affordable. Parks, retail and new public spaces were also included across the 48.5-acre site.

Selection did not equal final approval. It began a longer period of negotiation, environmental review and public scrutiny over land value, financing, traffic and the enforceability of the housing commitments.