LA Live (a.k.a. Times Square West, a.k.a. NokiaLand), the billion dollar residential-entertainment-sports-happy place adjacent to the Staples Center, gets some ink in the Daily News today.
The LA Live development by the Anschutz Entertainment Group - scheduled to make the formal announcement Thursday at the project's groundbreaking with Mayor Antonio Villaraigosa and other city leaders in attendance - would include retail, live theater, premiere movies, restaurants and housing. It is envisioned as becoming "Times Square West" and the permanent home for a variety of award shows with a Grammy museum that could include an annual "induction" ceremony, in addition to facilities for a major sports/entertainment broadcasting company yet to be disclosed.
The big LA Live announcement comes on the heels of the recent news regarding the proposed convention center hotel development, which has gained momentum and is likely to be built with government subsidies. All of this development is of course needed to prop up the City's pitiful convention center which we learn trails even Des Moines, Iowa in terms of annual convention bookings. For shame!
· Entertainment complex pictured as downtown hub [Daily News]