Inglewood
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Once upon a time, the Fabulous Forum put Inglewood on the map in a big way. The arena hosted Kings and Lakers games for decades until both teams relocated to Downtown’s Staples Center in 1999. Now, with its near-complete renovation, the venue—overseen by the Madison Square Garden Company, which runs the iconic NYC venue—is preparing to put the nabe back in action. In January, the Forum unveiled its makeover with six performances by the Eagles, which will showcase the 17,500-seat space in all its newfound glory. But the Forum isn’t the only local landmark receiving an overhaul. In late December 2013, the legendary Hollywood Park racetrack closed, 75 years after its inception, to make room for a new community: Plans call for the one-time celebrity hotspot to be transformed into the Hollywood Park Tomorrow development, with a shopping center, renovated casino, hotel and green space-adjacent residences. Home prices around the two venues have already begun climbing—2014 promises to be big for Inglewood.