"L.A. Live is an entertainment complex in Downtown Los Angeles, California adjacent to the Staples Center. L.A. Live cost approximately $2.5 billion USD and was developed by Anschutz Entertainment Group (AEG), Wachovia Corp, Azteca Corp and investment firm MacFarlane Partners with help from Los Angeles taxpayers. It has 5,600,000 square feet of apartments, ballrooms, bars, concert theatres, restaurants, movie theaters and a 54-story hotel and condominium tower, on a 27-acre site."