SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
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10612 Spa Subject Property Looking Southeast, from Prairie Avenue and Century Boulevard: The Los Angeles Clippers Arena, completing September 2024, will straddle South Prairie Avenue (‘Spa’) from Century to 104th St. The subject property is on Prairie between 106th and 107th streets and a two-minute walk to the arena’s plaza.
This exclusive offering of retail real property and an alcoholic beverage license ( 48 ) represents an ingenious private investment in anticipation of the July 2020 opening of the Los Angeles Stadium (NFL Chargers, NFL Rams) and, 1300’ up Prairie Avenue from this site, the September 2024-opening NBA Clippers Arena. Together with The Forum, as well as the planned Theatre at Hollywood Park, Inglewood’s cluster of sports and concerts venues constitutes the highest seat count of any entertainment district in the world. The Bar on Spa can offer cocktails and beers with a casual food menu: the best place to “pre-game” before heading to the stadium and a dank place to celebrate football wins with cocktails, live music, and dancing. CAPACITY The Forum 17,500 | 8,000 Los Angeles Stadium 100,240 | 70,240 Theatre at Hollywood Park 6,000 Clippers Arena 18,000
The sports and music venues at and around Inglewood’s Hollywood Park are the catalyst for a far wider redevelopment of this area of West Los Angeles, leveraging the obsolescence of much of Los Angeles’ aging office supply. Such projects include at Hollywood Park (+) and at the Clippers Arena (//): + 179,055 square feet of Class A Office at Prairie / Century debuting 2021 + 500,000 square feet of family-oriented retail anchored by a water feature + 2,500 residential units completing by 2028 at a rate of 350 year starting in 2020 // 71,000 square feet office; 65,000 square feet retail; training facility and clinic To the South, North, & East of the Bar on Spa four hotels are forthcoming: Tru by Hilton 120 rooms | 111th St & Prairie | 2020 Debut The Hosts 175 rooms | Century Blvd off Prairie | 2020 Debut Hollywood Park hotel 300 rooms | 2022 Super Bowl Debut Clippers Arena hotel 150 rooms | Century Blvd at Doty | 2024 Debut
Above: 10612 Spa, the subject property, (blue façade) holds 50’ of frontage on the block of Spa between 106th and 107th streets. Below: 1422 Spa. Two Class A office buildings being filled up by the same leasing team that brought Netflix to East Hollywood from Beverly Hills. As demand grows the site can accommodate up to 780,000 square feet of space. s
SPA SOUTH PRAIRIE AVENUE The Forum The High Street 402 S P A at the World’s Preeminent Sports + Concerts Cluster HP Music Theatre 902 S P A NFL Stadium 1202 S P A Class A Campus 1422 S P A Retail District 1522 S P A Clippers Training Hosts’ Hotel Ballmer Hotel 10001 S P A 3900 W C 3700 W C Clippers Arena 10002 S P A Subject Property 10612 S P A tru by Hilton 11111 S P A M&M Live Entertainment Cartographies
The property’s price is $1,300,000, including an alcoholic beverage license (48) that permits live musical entertainment. Bar on Spa Bar/Building 2,860 sf Lot 0.15 AC Parking 11 Spaces Traffic Count 38,758 per day Height Limit 75’ / 6 stories Setbacks None required Zoning Commercial General Plan INCYY
Hollywood Park will host Super Bowl 2022 NCAA Playoffs 2023 World Cup Finals 2026 Olympics 2028
Marcus & Millichap 515 S Flower St Los Angeles Adlee Efraim 310 : 498 : 5193 ca 02028358 Eitan M. Fattal 818 : 454 : 6158 ca 02088201 urbanize.la/neighborhood/Inglewood ongoing portal for all forms of new development in the city
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