In recent years, Continental Development Corporation and Mar Ventures, Inc. have numerous office campuses to communities in the South Bay and the Westside. Now, the two companies are teaming up on a one-of-a-kind project in their hometown of El Segundo.
In a deal announced yesterday, the two firms will redevelop a 14-acre site in El Segundo as the new corporate headquarters and training facility for the Los Angeles Chargers. The project will rise on a site near the intersection of El Segundo Boulevard and Pacific Coast Highway, which was once part of Raytheon's El Segundo campus.
“When searching for a location to establish our hub of football and business operations, we didn’t leave a single stone unturned,” said Chargers owner and chairman Dean Spanos in a statement. “This process played out for more than four years because we weren’t willing to settle. Good enough wasn’t going to cut it. We wanted great, and we finally found it."
Gensler Sports is designing the campus, which would be centered on a 145,000-square-foot main building, featuring meeting rooms, offices, a hospitality club, eSports gaming and content studios, and a 3,100-square-foot media center.
That building would open directly onto three natural grass fields, surrounding by 7,600 square feet of elevated terraces and bleacher seating for more than 5,000 spectators. Additionally, plans call for a 3,400-square-foot elevated outdoor turf area, other outdoor amenities, and a two-lane lap pool for player rehabilitation.
Plans also call for 348 on-site parking spaces as part of the project, which could be augmented with off-site parking.
“The Lakers welcome the Los Angeles Chargers, and Dean Spanos and his family, to El Segundo,” said Jeanie Buss, co-owner of the Los Angeles Lakers, which have long been based in El Segundo. “El Segundo is a great place to be, and it’s exciting that our city will now host the headquarters and training facilities of the Lakers, Kings and Chargers.”
The project, which the Los Angeles Times reports will cost more than $100 million to build, is scheduled to go before the El Segundo planning commission later this month. Completion is expected by Spring 2024.
Continental Development and Mar Ventures, which will own the property and lease it to the Chargers, are also behind plans for a mixed-use housing development that would rise a short distance northwest on Pacific Coast Highway, as well as a proposed 300,000-square-foot office campus on Rosecrans Avenue.
The Chargers, which are currently based out of a temporary facility in Costa Mesa, play their home games at SoFi Stadium seven miles east in the City of Inglewood. The team moved to the Los Angeles area in 2017, following more than 50 years in San Diego.
- El Segundo (Urbanize LA)