Former 49ers quarterback Joe Montana is again set to appear before the Santa Clara City Council on Tuesday in an attempt to secure exclusive negotiating rights on a lodging and entertainment complex near the site of the team’s proposed new stadium.
Montana was originally scheduled to address the board in June, but he had to postpone due to an injury he sustained in an ATV accident. The football legend is part of an investment group, including former 49ers owner Eddie DeBartolo Jr., seeking to build a hotel, restaurant and bar across the street from the new stadium site.
At its meeting Monday, the council approved the firm Legends Premium Sales to direct the sales of personal licenses for the 68,500-seat stadium, an effort seen as critical to fund the $1 billion project. The team announced after the meeting that it has already sold $168 million in luxury boxes.
Officials in the San Francisco Mayor’s Office say the 49ers still have a chance to stay in The City with a $100 million commitment from homebuilder Lennar to help fund a new stadium near Candlestick Park as part of the company’s plan to bring more than 10,000 new homes to the Bayview-Hunters Point neighborhood.
The team says it wants the new stadium ready by the 2015 season.