The redevelopment of San Diego’s 48-acre sports arena site has taken a significant leap forward, thanks to billionaire sports and real estate mogul Stan Kroenke’s involvement. Known for owning the Los Angeles Rams football team and Denver Nuggets basketball team, Kroenke has joined the Midway Rising sports arena group as the lead investor and limited partner, according to a report from the San Diego Union Tribune. This collaboration brings new credibility and financial backing to the ambitious project, which aims to transform the site into a thriving mixed-use development.