L.A. Live is an entertainment complex in Downtown Los Angeles
adjacent to the Staples Center
. L.A. Live cost approximately $2.5 billion USD and was developed by Anschutz Entertainment Group (AEG), Wachovia Corp, Azteca Corp and investment firm MacFarlane Partners with help from Los Angeles taxpayers. It has 5,600,000 square feet (520,257 m2) of apartments, ballrooms, bars, concert theatres, restaurants, movie theaters and a 54-storey hotel and condominium tower, on a 27-acre (10.9 ha) site. The complex became home to AEG and Herbalife headquarters in December 2008.The second phase of development included a 12,300-square-foot (1,140 m2) ESPN broadcasting studio, as well as an ESPN Zone restaurant built on the corner of Figueroa
Street and Chick Hearn Court.