Arsenal’s owner, ‘Silent’ Stan Kroenke, has declared his new stadium venture, which will be built on land more than three times the size of Disney land, ‘unbelievable’.

11 months after securing a move for his American football team from St Louis to LA, Kroenke and co. broke  ground on the new complex which will cost an eye-watering $2.6billion.

Including a 80,000-seater stadium, a concert venue, hotel, 1.5m square feet of retail and office space, townhouses and apartments (2,500 residential units in total), the 300-acre lot will also have, I kid you not, an artificial lake complete with waterfall.

“This thing is going to be unbelievable,” Kroenke said at Thursday’s groundbreaking ceremony.

stan-kroenke-new-stadium
via St Louis Post-Dispatch

“I don’t think people really understand the scale of this.”

It is expected that the stadium will open for the start of the 2019 season in August.

“It’s our goal to build the most unique and fan-friendly stadium in the world,” Kroenke added. “We’re going to give you something to be proud of.

“We’re going to build a global destination … in the entertainment capital of the world.

“We think people from all over the world will seek this location out.”

Although he has ventures all over the world, it is LA that Kroenke chooses to live most of the year.