Formerly known as Staples Center, the Crypto.com arena is set to undergo a renovation and upgrade project over the next two years. The project will involve the installation of new LED screens and ribbon boards, and concourse level modifications. Better in-arena restaurants in addition to a “refresh” of the locker rooms will also be built.
Since its debut in October 1999, the 20,000-seat arena has been known as the Staples Center. The American office supply retailer owned the naming rights under a 20-year contract. However, last year the name was changed to Crypto.com arena. The facility is home to NBA’s Lakers and Clippers, the NHL’s Kings, and the WNBA’s Sparks.
The Crypto.com Arena renovation and upgrade project is being done on every level of the 23-year-old sports complex during the offseason. There is reportedly enough work in a facility this size to last the upcoming three summers. Upon the completion of the project, the Crypto.com arena will have two cashier-less markets. Here patrons will be able to pick up a sandwich and a beer and their transactions will be logged by sensors as they walk out.
The bowl will also receive new lighting, updated concession menus, and new lighting.
Significance of the Crypto.com Arena renovation and upgrade project
“The Lakers and AEG have worked together for the past 20 years. The goal has been to give every visitor to Crypto.com Arena and L.A. LIVE’s Xbox Plaza a first-rate experience. Our organization is extremely proud. This is because of the fact that we compete every night in front of the most ardent NBA fans. Even better, within one of the most recognizable stadiums in the world,” said Tim Harris. Harris is the Laker’s president of business operations.
In addition, Harris explained the significance of the investment in the Crypto.com Arena renovation and upgrade project. He said that it “cements Los Angeles’ downtown arena as the pinnacle of entertainment for decades to come.”
Dan Beckerman on the other said that a million square feet are involved. The chief executive of AEG, the arena’s owner explained that a million square feet may be used for a number of things.