Dodger Stadium, commonly known as Chavez Ravine, is a stadium in Los Angeles. Located adjacent to Downtown Los Angeles, Dodger Stadium has been the home ballpark of Major League Baseball's Los Angeles Dodgers team since 1962. Dodger Stadium was constructed from 1959 to 1962 at a cost of $23 million, financed by private sources. Dodger Stadium is currently the third oldest ballpark in Major League Baseball (behind Fenway Park in Boston and Wrigley Field in Chicago,) and is the largest ballpark by seating capacity.