Candlestick Park
Plans were underway to construct a new 68,000-seat stadium at Candlestick Point. On November 8, 2006, however, the 49ers announced that they would abandon their search for a location in San Francisco and begin to pursue the idea of building a stadium in Santa Clara. As a result, San Francisco withdrew its bid for the 2016 Olympics on November 13, 2006, as its centerpiece stadium was lost. Groundbreaking for the Santa Clara stadium occurred on April 19, 2012. On May 8, 2013, the media announced that the name of the new stadium would be Levi's Stadium. The stadium opened on July 17, 2014, in time for the 2014 NFL season. The 49ers christened their new home a month after it opened.
San Francisco bid for the 2016 Summer Olympics
Newsom announced on July 11, 2006 that the new bid would be centered on a proposed new San Francisco 49ers stadium in the property on which Candlestick Park stands today. At the same time, he stated that the Olympic Village would be constructed at Hunters Point and that it would be converted into affordable housing following the games. This new Olympic stadium would be necessary as Stanford Stadium, the originally planned venue for athletics and the ceremonies for the 2012 bid, has been replaced by a smaller football stadium.