Former 49ers great Joe Montana and ex-owner Eddie DeBartolo Jr. are two of the most storied names in franchise history. Now they're maneuvering to participate in the 49ers' most ambitious real estate venture ever: the $937 million stadium the team hopes to build in Santa Clara for the 2015 season.
Montana, DeBartolo and a third business partner, Connecticut developer Kurt Wittek, want to build a luxury hotel, sports bar and entertainment complex on two parcels of city-owned land adjacent to the site of the planned 68,500-seat stadium. The Hall of Fame quarterback and his partners capped a series of meetings with Santa Clara officials with a written request last week for an 18-month exclusive negotiating agreement to complete a deal.City officials said Sunday that the City Council won't take any action until after the new year. But the concept proposed by Montana and his partners has significant support on the council, and it appears to fit with Santa Clara's long-standing plan to develop land around the stadium site as an entertainment district.
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