BURBANK : Site Selected for Proposed $100-Million Sports Arena
Burbank officials and developers have selected a site for a proposed $100-million sports arena that they hope the Los Angeles Clippers basketball team will make its new home.
The 89-acre site owned by Lockheed Corp. was chosen over two other Burbank properties considered by the city and developer Lew Wolff, who formed a partnership with Warner Bros. to build an 18,000- to 22,000-seat arena.
The basketball team has said it will move from its current home, the 15,800-seat Los Angeles Memorial Sports Arena in Exposition Park, unless that facility is renovated. The team is also considering two sites in downtown Los Angeles.
Harley Frankel, executive vice president of the Clippers, said Friday that of the four options, renovating the 33-year-old Sports Arena and moving to the Burbank site were “furthest along in the discussion stages.” The team will make a decision by the end of the year, he said.
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