Exposition Park WELCOME HOME

After six years of planning, the Los Angeles Department of Transportation (LADOT) is finally preparing to begin construction this summer on a $20-million MyFigueroa project that will make enhance cycling and pedestrian infrastructure between Exposition Park and Downtown Los Angeles. Per the website of LADOT’s Bike Program, MyFigueroa will include the following elements: Figueroa Street from 7th Street and Martin Luther King Jr. Boulevard 11th Street from Figueroa Street to Broadway Martin Luther King Jr.

One year ago, the MLS expansion team LAFC announced a proposal for a $250-million soccer stadium in Exposition Park. Several months later, the University of Southern California followed with plans for a $270-million renovation of the Los Angeles Memorial Coliseum. With more than a half-billion dollars worth of projects now in the pipeline, it appears that investors are now eyeing nearby properties Last week, the Irvine-based Spectrum Group requested an environmental assessment from the City of Los Angeles for a proposed mixed-use develompent directly across the street from the upcoming soccer stadium.

Major League Soccers’ Los Angeles Football Club (LAFC) has announced plans to build a new soccer stadium in South Los Angeles, on the current site of the Los Angeles Memorial Sports Arena. The new development, with an estimated value of $250 million, will be anchored by a 22,000-seat soccer-specific venue. The project, designed by architecture firm Gensler, will also feature more than100,00 square feet of new restaurants, office space, a conference center and a soccer museum.