Downtown deal.Downtown Deal: Anschutz Entertainment Group The Anschutz Entertainment Group (AEG) is a sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. The company owns or operates several major entertainment/sporting venues, including Staples Center and The Home Depot Center and beginning in and KB Home have teamed up to finance and develop the 50-story Los Angeles Convention Center The Los Angeles Convention Center (abbreviated LACC) is a convention center in downtown Los Angeles. The LACC hosts annual events such as the Greater Los Angeles Auto Show, and was best known to video games fans as host to E3 until its cessation in 2006. hotel that will be the key component of the new L.A. Live This article or section contains information about expected future buildings or structures. Some or all of this information may be speculative, and the content may change as building construction begins. L.A. sports and entertainment district near the Staples Center. The $600 million hotel will be developed by AEG AEG Aeger (Latin: Sick) AEG Allgemeine Elektrizitäts-Gesellschaft (Common Electricity Company) AEG Aircraft Evaluation Group AEG Association of Engineering Geologists AEG Air Expeditionary Group , a subsidiary of the Anschutz Corp., and KB Urban, a division of KB Home. The partnership guarantees that the development of the property within L.A. Live will continue on time and with no additional public funding required, said Timothy J. Leiweke, president and chief executive of AEG, in a statement. The partnership replaces an original arrangement with Apollo Real Estate Advisors. Apollo agreed to step down to allow the new partnership to move forward. |
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