New Owners Unveil Forum Makeover Plan

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INGLEWOOD, Calif. (KTLA) — The new owners of the Forum unveiled their plans Tuesday to spend millions of dollars in an attempt to revitalize the aging arena.

filephoto Forum Inglewood

File photo: the Forum in Inglewood

The Madison Square Garden Company said they plan to spend $100 million on renovations at a news conference held in Inglewood.

The project was expected to generate hundreds of jobs.

“This project will generate tremendous economic benefits, including jobs, both on-site and from the spill over activity in the community,” said Madison Square Garden Company President Hank Ratner.

The former home of the Lakers and Kings also hosted a long list of iconic performers.

The Who, Led Zeppelin, Elvis and the Eagles were just a few of the legendary performers to play at the Forum.

The Forum’s new era was scheduled to begin Jan. 15 with a concert by the Eagles.

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