In a decade of operation, L.A. Live has had more 200 million people coming to downtown Los Angeles for sports, music. movies and other events. Activity at the entertainment, restaurant and hotel complex has helped spur billions of dollars' worth of real estate development nearby.
Kilroy Realty Corp. has broken ground on Academy on Vine, a $450 million campus south of the famous Cinerama Dome in Hollywood that will have offices, apartments, shops and restaurants. It is being built on 3.5 acres formerly owned by the Academy of Motion Pictures Arts and Sciences.