City Council approves $34M lease for LAX celeb lounge

Los Angeles /
Jan.January 27, 2016 12:59 PM

L.A. City Council has officially green lighted a plan to turn an old cargo facility at Los Angeles International Airport into a refuge – or swanky lounge – for paparazzi-weary celebrities.

The council voted unanimously Tuesday in favor of approving a lease with Studio City-based private security firm Gavin de Becker & Associates, the firm behind the lounge plan.

The lounge had already been approved by the Board of Airport Commissioners.

Los Angeles World Airports, which operates and owns LAX, will take in approximately $3.4 million annually from the lease, and more than $34 million over the 10-year term of the contract, according to the Los Angeles Daily News.

The lounge will be open to celebs as well as any passenger willing to pay a fee of around $1,800. [L.A. Daily News]


Related Articles

arrow_forward_ios
Jose Huizar has pleaded not guilty. (Getty, Department of Justice)
Jose Huizar federal corruption trial postponed again
Jose Huizar federal corruption trial postponed again
LAX industrial rent prices are $11.73 per square foot. (iStock)
Industrial rent prices take off near LAX
Industrial rent prices take off near LAX
Jose Huizar and Raymond Chan (Getty, U.S. Department of Justice)
Huizar and LA developer deny charges in pay-to-play scheme
Huizar and LA developer deny charges in pay-to-play scheme
Photo illustration of Mike Feuer, Daniel Yukelson and Judge Dean Pregerson (Getty, iStock)
LA eviction moratorium withstands landlords’ legal challenge
LA eviction moratorium withstands landlords’ legal challenge
L.A. businesses can now deny service to any patron not wearing a mask
LA businesses may deny service to those not wearing masks
LA businesses may deny service to those not wearing masks
Jose Huizar and Los Angeles courthouse at 350 W 1st Street (Getty, Google Maps)
Huizar-approved projects hum along as pol’s trial set for fall
Huizar-approved projects hum along as pol’s trial set for fall
Daniel Yukelson of Apartment Association of Greater L.A. (Credit: iStock)
Landlords fuming over sexual harassment “reports”
Landlords fuming over sexual harassment “reports”
Mitchell Englander (Credit: Lilly Lawrence/Getty Images)
Former LA city councilman reaches plea deal in real estate corruption probe
Former LA city councilman reaches plea deal in real estate corruption probe
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...