Crypto.com Arena will undergo a three-year renovation
The Crypto.com arena is set to undergo major renovations over the next three years, as announced by the authorities.
Lee Zeidman, president of Crypto.com Arena, Microsoft Theater and LA LIVE said, “The extensive renovations to the arena and Xbox Plaza will give fans completely new ways to experience their favorite sports and music events.”
“In addition to creating new and refreshed hospitality options and multi-level spaces throughout the arena, nearly all public and backstage areas of the Crypto.com Arena will be included in this transformative project.”
The renovation will result in the development of a “City View Terrace” with indoor-outdoor dining and entertainment experiences.
A multi-level “Tunnel Club” will also be created, offering unique backstage views to select Season Ticket Members and other VIP guests.
The ‘Chairman’s Club’ will be expanded and renovated and the venue’s first ever ‘Main Concourse Suites’ will be created.
“This extensive and comprehensive project is the most significant remodeling of our home in the arena’s history. The upgrades will not only enhance everyone’s experience, but will also bring new life and energy to our arena beginning this fall,” said Kelly Cheeseman, COO, AEG Sports.
Other upgrades include two new LED screens, a redesign of the dining areas in the Yaamava’ and Lexus Clubs, new food and beverage menus at the Impact Sports Bar & Grill in the main concourse and a refresh of the Premium and Suite Level entrances, the concourse and Kings, Lakers and Sparks’ dressing rooms.
An expansion of the Xbox Plaza at LA Live is also included in the project.
The renovation will be privately financed and cost nine figures. The project is expected to be completed by the fall of 2024, with several of the improvements introduced to fans during the 2022-2023 NBA and NHL seasons.
The arena’s renovation and design will be overseen by its original architects, Dan Meis and Ron Turner. AEG has hired PCL construction as general contractor for the arena.
Kris Marszalek, Co-Founder and CEO of Crypto.com says: “We are only at the beginning of our long-term partnership and we are pleased to support AEG’s investment in this renovation, demonstrating our shared commitment to ensure Crypto.com Arena maintains its status as a global icon.”
The arena was renamed Crypto.com Arena from Staples Center toward the end of 2021, when Crypto.com struck a $700 million deal with AEG.
