Summary:The underlying theme of Timothy Leiweke′s upbeat keynote address was that the private sector has the ability to revitalize Los Angeles without the need for public subsidies, although a partnership of the private and public sectors is the best road to take.
"There is no better place in the world to be an entrepreneur than Southern California," he enthused. He painted a glowing picture of Los Angeles as a future venue for world championships of soccer, volleyball, track and field and cycling.
The Staples Center, along with the new Home Depot National Training Center, are facilities that are the cornerstones for new projects that will comprise commercial, retail and residential projects.
Leiweke stressed the one should not underestimate the power of sports as an economic and social catalyst. "Sports causes communities to come together to celebrate," he said.
