On Monday, the Chargers announced they are hiring Fred Maas to oversee their stadium efforts. Maas will advise and help shape the organization's plan for a citizen's initiative as well as explore "possible stadium financing plans that would be publicly acceptable," according to a team statement.
From the Chargers:
"[Maas] will advise [Chargers chairman Dean Spanos] and the Chargers on the citizen’s initiative process, including the exploration of possible stadium financing plans that would be publicly acceptable, the drafting of the initiative document, and the creation of the campaign infrastructure necessary to give the citizens’ initiative the best possible chance of success. Maas will be working closely with an established team of legal, financial and land-use advisors."
The move is initially seen as a positive step for the Chargers, as Maas is well known in business circles and served as the chairman and CEO of the Centre City Development Corporation, downtown San Diego's redevelopment arm, for several years. He was also an advistor to Mayor Jerry Sanders on a downtown sports and entertainment district.
Maas is currently the president and director of MRV Systems LLC, a manufacturer of marine robotic vehicles for the oceanographic, intelligence and defense industries. He is also the founder and CEO of Pacific EcoCompanies LLC, an investment and advisory firm focused on clean technologies and sustainable development.
Special counsel Mark Fabiani is expected to continue his work with Spanos and the Chargers, though his role will likely change to a more behind-the-scenes effort as the campaign for a new stadium moves forward.