Home Depot Center Expansion Clears Hurdle
The $55-million expansion of the Home Depot Center on the University’s campus, which could mean at least $450,000 in additional revenue per year for campus upon completion, was approved unanimously — with some contingencies — by the California State University Board of Trustees on May 11.

As approved, the expansion will include a 60,000-square-foot athletics training center and office complex, a 50,000-square-foot field house and training center, a 240-bed athletic residential facility, and a 200-room hotel. The entire project will be paid for by the Anschutz Entertainment Group (AEG), owner of the Home Depot Center and of the Staples Center in Los Angeles. AEG will also add at least 550 new parking spaces to replace the spaces lost to the project. The expansion will be built on a five-acre lot along Avalon Boulevard north of the Home Depot Center stadium. As a part of the deal, AEG will also provide 20 internships annually for Dominguez Hills students.

In a statement sent to campus employees shortly after the Trustees’ approval, President James E. Lyons, Sr. said there still are three contingencies to be met for the expansion to continue:
     

·         A determination by the Chancellor that there are no outstanding material issues of noncompliance in any agreements between the University or AEG and the University Heights community, including satisfaction of all issues contained in the Settlement Agreement between AEG and University Heights for Phase I of the project;

·         A written agreement by AEG to include reference to California State University, Dominguez Hills in all AEG media releases, announcements and broadcasts concerning events at the Home Depot Center, and a further commitment by AEG to pursue a similar written commitment from its third party licensees and all media outlets that broadcast from the facility;

·         A determination by the Chancellor that the revenue resulting from Phase II of the project is equivalent to comparable market rates.

 The president’s statement also said, “You should also know that the Board must approve the schematic drawings at a future meeting. This agenda item will address the building heights, site plan, and the architectural views. We anticipate the schematics going to the Board in September 2005.”

The project, which will take an estimated year to complete, is scheduled to be started by the end of 2005.

Opened in 2003, the Home Depot Center currently includes stadiums for soccer, track and field, tennis, a velodrome, and dining facilities.

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