Civic Auditorium Set for Revitalization Talks

RPG Is Expected to Present a Timeframe for Council Consideration by 2025

The Santa Monica Civic Auditorium is poised for a potential rebirth following a unanimous vote by the Santa Monica City Council to enter negotiations with Revitalization Partners Group, LLC (RPG) to restore and operate the historic venue.

RPG is a consortium of experts in live entertainment, real estate development, finance, historic preservation, and public-private partnerships. The group includes Geyser Holdings, The Make Good Group, The Azoff Company, Oak View Group, and Live Nation.

Geyser Holdings, affiliated with the JH Snyder Company, has over 20 years of experience in estate acquisition, financing, and investment banking. The Make Good Group consults on sustainability and social responsibility, with clients like the Philadelphia Eagles and Seattle Mariners. Tim Sexton, a principal at The Make Good Group, has a history with the Civic Auditorium as a production manager.

The Azoff Company is led by the former Chairman and CEO of Ticketmaster and Live Nation, while the Oak View Group, under a public-private partnership with Seattle, invested over $850 million to develop Amazon’s Climate Pledge Arena. Live Nation, a Fortune 500 company, manages ticket sales for live entertainment internationally.

The city-owned auditorium, which closed in 2011 due to seismic issues, was once a leading entertainment venue, hosting concerts, Academy Award shows, community festivals, and trade shows. In 2023, the city designated the site as “surplus” through the Surplus Land Act, certified by the California Department of Housing and Community Development.

In December 2023, the city issued a request for Letters of Interest to redevelop the venue. Four firms submitted proposals, and in May, the City Council directed staff to negotiate with RPG.

RPG will conduct studies on historic preservation, seismic and structural engineering, ADA compliance, and acoustics to evaluate remediation, construction costs, and other considerations. The firm has agreed to pay the city an initial $350,000 to cover staff, consultant, and legal costs.

RPG is expected to present a comprehensive project scope and timeframe for council consideration by early 2025.

in Hard, News
Related Posts

Ghirardelli to Open New Shop Along Ocean Ave

October 17, 2024

October 17, 2024

The New Shop Will Share Space With Other Popular SM Eateries Ghirardelli, the renowned San Francisco-based chocolate company, is set...

SMC Employee Dies from Shooting, Remembered For Decades of Service

October 17, 2024

October 17, 2024

Santa Monica College Foundation Has Established the Felicia Hudson Legacy Fund in Collaboration With Her Family Felicia Hudson, a 54-year-old...

Palisades Council Demands Homelessness Fund Mismanagement Investigation

October 16, 2024

October 16, 2024

In a Letter Sent to Multiple Public Officials, the Council Expressed Concern Over the Lack of Accountability and Possible Corruption...

SMC Shooter, Identified As School Employee, Dead After Police Pursuit

October 16, 2024

October 16, 2024

The Victim, the College’s Custodial Operations Manager, Remains in Critical Condition Davon Durell Dean, an employee of Santa Monica College,...

Del Rey Apartment Shooter Told Residents He Could “Cook Their Bodies Into Tasty Food” Months Before Attack, Lawsuit Alleges

October 16, 2024

October 16, 2024

Nguyen Opened Fire at the Pearl Apartments and the Nearby Marina 41 Complex for Hours in April A group of...

At 17, This Former Westside Waldorf Student Is Making Waves in Classical Music

October 15, 2024

October 15, 2024

His New Album Has Garnered Critical Acclaim Ahead of a World Premiere Performance With the Choral Arts Initiative Samuel Siskind,...

Malibu to Hold Candlelight Vigil in Memory of Four Pepperdine Students Killed on PCH

October 15, 2024

October 15, 2024

Community is Invited to Gather to Honor the Victims of Last Year’s Tragedy  On October 17, the Malibu community will...

(Video) LA Tech Week Kicks Off in Santa Monica With Street Fair Presentations

October 14, 2024

October 14, 2024

Tech Startups Took Over Ocean Ave on Monday to Show Off Their Groundbreaking Inventions @palisadesnews The weeklong event includes over...

Two Hospitalized After Crash on PCH in Malibu: Report

October 14, 2024

October 14, 2024

The Cause of the Crash Remains Under Investigation Two people were hospitalized Sunday evening following a collision on the Pacific...

(Video) Hotel Casa Del Mar: A Beacon of Coastal Charm

October 14, 2024

October 14, 2024

For more information, go to hotelcasadelmar.com @palisadesnews For more information, go to hotelcasadelmar.com #losangeles #california #vacation #restaurant #luxury #hospitality #resort...

Metro Seeks Input on Affordable Housing Near 17th St. Station

October 14, 2024

October 14, 2024

Residents Can Share Feedback via an Online Survey or During an Upcoming Virtual Meeting Metro is advancing its 10,000 Home...

Luxury Watch Dealer Pleads Guilty to Defrauding Customers of $5.6 Million

October 13, 2024

October 13, 2024

“The Timepiece Gentleman” Admits To Running Ponzi-Like Scheme “The Timepiece Gentleman” pleaded guilty on Thursday to defrauding dozens of customers...

Chamber Music Palisades to Kick Off 28th Season

October 13, 2024

October 13, 2024

Upcoming Concert to Feature Guitar, Flute, and Vocal Performances by Notable Local Artists Chamber Music Palisades (CMP) will celebrate the...

­­Home Front Build Channels Energy of Original Designer to Revive Homes

October 11, 2024

October 11, 2024

By Susan Payne Spanish Colonial, Mission Revival, Craftsman, Mid-Century and California Bungalows are just a few of the unique home...

122-Unit Affordable Housing Development Approved for 4th Street

October 11, 2024

October 11, 2024

The Development, Spearheaded by EAH Housing, Will Include a Mix of Studio, One-, Two-, and Three-Bedroom Apartments The Santa Monica...