Anschutz Entertainment Group (AEG), a sporting and music entertainment company, has proposed a $1.2-billion expansion to the Los Angeles Convention Center.
In a letter sent to city officials, the company outlined the proposal of adding 350,000 sq. ft. to the South Figueroa St. center, giving it more than 1.2 million sq. ft. of space, including 250,000 sq. ft. of meeting rooms, the Los Angeles Times reported.
Additionally, the proposal separately calls for a $700-million addition to the JW Marriott Los Angeles L. The company is proposing a 40-story hotel tower with 850 rooms just south of L.A. Live’s Regal cinemas complex. The hotel project would add more meeting space, including a 51,000-sq.-ft. ballroom.
AEG is hoping to secure construction approvals so it can start work on the expansion. The company wants to complete the project by 2021.