[5] L.A. Live brought in a renaissance to the neighborhood surrounding Crypto.com Arena and billions in economic activity to downtown Los Angeles.

The Los Angeles City Council approved a non-binding memorandum of understanding (MOU) with AEG in a 12–0 vote on August 9, 2011.

[9] AEG abandoned the project in March 2015, after the three most likely NFL teams all proposed their own stadium plans in the event they were to relocate to Los Angeles.

[10] L.A. Live has 5.6 million square feet (520,257 m2) of ballrooms, bars, concert theatres, restaurants, movie theaters, and a 54-story hotel and condominium tower on a 27-acre (10.9 ha) site.

The Square provides a broadcast venue featuring giant LED screens as well as a red carpet site for special events.

[15] Peacock Theater (previously the Nokia Theatre before June 2015 and Microsoft Theater before July 2023[16]) is a music and theatre venue seating 7,100, and The Novo (previously Club Nokia) is a smaller venue with a seating capacity of 2,300 for live music and cultural events.

[17] The theater is so commonly used, on March 11, 2008, the Academy of Television Arts and Sciences announced with AEG that the venue would be the home to the Primetime Emmy Awards ceremony from 2008 onward.

The first scheduled event held at the Peacock Theatre was a concert featuring the Eagles and the Dixie Chicks on October 18, 2007.

On May 8, 2007, it was announced that the National Academy of Recording Arts and Sciences would establish a museum dedicated to the history of the Grammy Awards.

The centerpiece of the district is a 54-story, 1,001-room two-hotel hybrid tower, constructed above the parking lot directly north of the Crypto.com Arena.

In an effort to expand coverage of West Coast sports, ESPN began broadcasting the 1 AM ET (10 PM PT) edition of SportsCenter from the studio on April 6, 2009.

[29] The $100 million, 140,000 square foot (13,000 m2), Regal Entertainment Group movie complex opened in 2009 and includes 14 screens and 3,772 seats.