Plans to expand and modernize the Los Angeles Convention Center moved one step closer to reality on Dec. 12 when the City Council voted to approve an exclusive negotiating agreement with Anschutz Entertainment Group (AEG).
This $1.2 billion public-private partnership will include an expansion of the J.W. Marriott Hotel with 850 rooms, an additional 190,000 square feet of contiguous exhibit space, as well as the largest ballroom in the City. The project will also include 55,000 square feet of meeting room space, at least 95,000 square feet of multi-purpose space, and the renovation of the famous Gilbert Lindsay Plaza.
“For far too long, the Convention Center has sat idle - trapped in the 80s and unable to realize its full potential,” said Councilman Curren Price, who represents Council District 9 where the city facility is located. “We have a once-in-a-lifetime opportunity to get the Convention Center on par with Convention Centers across the United States which can support large national and international events.”
The exclusive negotiating agreement approved this past week will give the City and AEG one year to work out the final details of the project.