Lakers to purchase 5 acres in El Segundo

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(AP Photo)

(AP Photo)

The Los Angeles Lakers announced today that they have entered into an agreement with CDC Mar Campus, LLC for the purchase of an approximately five-acre undeveloped portion of the development known as Elevon at Campus El Segundo in El Segundo.

The site is at the northwest corner of Mariposa Avenue and Douglas Street.

The site is intended to be the future home of a brand new training center for the Lakers and its Development League team, the Los Angeles D-Fenders.

The facility will also house the business operations offices for both teams.

The completion of the purchase is subject to various conditions, including the approval by the City of El Segundo of the proposed use of the property by the Lakers.

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