MSG Buys Midcentury LA Forum Arena
For months rumors have swirled that developer Madison Square Garden Co. (MSG) would buy the midcentury modern LA Forum arena in Inglewood, former home of the LA Lakers and LA Kings. (Its architect, Charles Luckman, also designed Madison Square Garden.) That deal is now official, according to Crain’s New York, who said the company just paid $23 million for the property. MSG will begin a “comprehensive renovation” of the arena later this year, and details of that job will be released this fall. The company is currently working on an $850 million renovation of Madison Square Garden, itself a taxing job that is set to be done by next year.
Slideshow: Inglewood Plan Strives For Revitalization
The Architect’s Newspaper‘s Sam Lubell tells us about revitalization plans for Los Angeles’ once bustling Inglewood. Architects Christopher Mercier and Douglas Pierson of (fer) Studio see a vibrant future for Market Street:
“Nobody knows about Market Street,” said Mercier. “But it already has the infrastructure to be something special.” The street is narrow, pedestrian-friendly, and lined with shops, rich plantings, small islands, and beautiful (if not well-kempt) historic buildings along its entire length. “Everyone wants to save downtown, but they don’t have the faith in what it can be,” added Pierson.
Read the entire article about revitalizing Inglewood at The Architect’s Newspaper.
A slideshow of Inglewood’s Market Street after the jump.
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