On October 10, 2024, Los Angeles County Supervisor Hilda L. Solis announced a $2 million contribution to LA Plaza de Cultura y Artes to expand and renovate this exhibition.

The renovation, expected to take three years to complete at a total cost of $5 million, will incorporate stories from Central and South America as well as Indigenous communities.

The project will enhance access to research and information, foster greater community engagement, and introduce state-of-the-art interactive audiovisual technology, creating a more inclusive and welcoming experience for visitors.

It includes a series of salsa concerts, book talks, family days, poetry readings, dance performances, film screenings, workshops, tours, themed markets, and panel discussions.

In April 2022, long-time Los Angeles-based arts advocate and administrator Leticia Rhi Buckley was appointed Chief Executive Officer of LA Plaza, succeeding John Echeveste, who retired after serving as CEO from 2014 to 2022.

Construction of this phase of the Paseo Walkway was funded by the Los Angeles County Parks and Open Space District (Prop A), LA Plaza, and Trammell Crow.

The Walkway creates a direct pedestrian pathway stretching approximately four city blocks connecting Union Station and the new LA Plaza Village residential.

County Supervisor Gloria Molina was called "one of the project's earliest supporters and, by all accounts, the person most responsible for bringing it to fruition" by the Los Angeles Times.

[3][4][8] A $135-million development of 341 apartments with shops and community facilities near the cultural center provides funding for nonprofit foundation that runs LA Plaza de Cultura y Artes.