SoFi Stadium, the NFL venue at the heart of the massive Hollywood Park development in Inglewood, is slated to become the new home of the Los Angeles Rams and Chargers upon completion later this year. Here's a look at the pace of construction on the project, which will reportedly be the most expensive stadium ever built in the United States, with a price tag of approximately $5 billion.

Designed by HKS Architects, the approximately 70,000-seat stadium is capped by a swooping roof canopy clad with the plastic material ETFE. While the roof structure serves the important purpose of weather shielding, it also doubles as a display space for advertising.

Work is currently in progress on a large oculus scoreboard structure which will hover above the playing field.

Also under construction next to the stadium of the seven-story, 200,000-square-foot NFL Media Building - slated to become the new home of the NFL Network, NFL.com, the NFL app, and NFL Redzone. That contemporary mid-rise structure is designed by Gensler and Studio MLA, and will include a large attached parking garage. Completion is expected by the end of 2020.

At the intersection of Prairie and Century Boulevard, plans call for an approximately 500,000-square-foot retail and entertainment complex highlighted by Cinepolis Luxury Cinemas, Three Weavers Brewing Company, and Olympix Fitness.

The retail and entertainment component's design team includes BCV, AO, and Studio MLA.

Plans also call for two apartment buildings - totaling 314 rental units - to open along the Prairie Avenue side of the property. Those buildings are being designed by Hart Howerton, with TCA Architects serving as the architect of record.

The stadium, retail complex, housing and NFL Media Building represent the initial phase of construction at the Hollywood Park complex, scheduled to debut during 2020 and 2021.

Subsequent phases of the project - which is being developed by Wilson Meany:

25 acres of open space - highlighted by an artificial lake;

300,000 square feet of additional office space;

a 340,000-square-foot expansion of the retail complex;

a 300-room hotel; and

up to 2,500 homes.

The Hollywood Park complex - spanning nearly 300 acres - has kicked off a rush of investment in Inglewood.

Last year, the Los Angeles Clippers announced plans for a $1.2-billion arena and entertainment complex along Century Boulevard - just south of the under-construction football stadium.

The City of Inglewood has also kicked off plans to connect the Hollywood Park complex with the Crenshaw/LAX Line, proposing a 1.8-mile automated people mover system.

These investments come as the new stadium is poised to play an important role in several events of regional significant, including the 2022 Super Bowl and the 2028 Summer Olympic Games.