To view our 360-degree panoramic video, click and hold your cursor to change the view. (Credit: Maya Sugarman/KPCC)
Update 11:09 a.m. Madison Square Garden Co. spending millions on new Forum
Madison Square Garden Co.'s executive chairman James Dolan said the company wanted to expand its presence on the West Coast, which is why it's spending millions to expand the Inglewood Forum. The Forum will be MSG’s seventh venue in the nation.
"Our vision has been clear: return the venue to its celebrated position as one of the most beloved and well-known venues in the country for the benefit of the community fans and performers for generations to come," Dolan said in a statement.
Over the next 30 years, the company estimates the economic impact will be more than $1.4 billion. Construction will bring more than 320 full-time jobs, and 120 Inglewood residents are already working on the project.
Once the venue opens, there will be 260 full-time jobs at the venue and in the community, according to MSG.
The company said the renovated Forum will have 8,000 square feet of new hospitality space, with concessions and places to buy souvenirs. Visitors will also get to sit in red theater seats and gaze up at a “star-filled” LED ceiling.
The company also said the renovations will expand the capabilities of the Forum for concerts and events. For example, the roof will be able to support up to 350,000 pounds of hanging weight.
— Wendy Lee
Previously: The Forum in Southern California is getting a multimillion-dollar makeover as the new owner unveils plans to restore the former home of the Los Angeles Lakers to a venue that can once again draw the biggest names in pop music.
The Madison Square Garden Co. will offer details Tuesday.
The Forum in Inglewood was a major sports and concert venue for decades, hosting the likes of Elvis Presley and the Rolling Stones. But it fell on hard times when the modern Staples Center opened in 1999.
MSG bought it last year for $23.5 million.
The company is putting more than $70 million into an upgrade that includes a new paint job, floor and 17,500 red velvet seats. The Forum will reopen Jan. 15 with a concert by The Eagles.