Interesting question and the answer can be found just down the road. We have the staple center that was built several years ago and the commerce around it has definitely increased. Then we have the Angels stadium which have in recent years shown signs of development. Will it affect your property values? Probably not significantly! We will see a spike in activity in the High End Market as Atheletes will come to towns along with other executives but the overall market and local economy should have slight growth over time. For some it will be great and for others the added traffic will drive them nuts and eventually out of town. Hope that helps.
I believe since it is on the other side of the freeway it should not lesson the value of your home.
In most areas if you are right next to a shopping area and such single family homes are many times effected to the negative. Usually what is also brought into the area are condo's and multi dwellings which also brings down the value. A lot will depend on your distance and how much traffic is brought into your neighborhood. If you are on a hill and really not right in arm length than it might bring your value up as indicated by the other agent. It all depends on how close.
Diana Margala 909-945-5763