Toy maker MGA Entertainment is relocating the house that Bratz built. When construction is completed, MGA will be at the center of an ambitious development project that will transform 24 acres into a sprawling campus in the San Fernando Valley. The campus, called 24, will include apartment buildings, office and retail space, and outdoor gathering places such as an amphitheater and a dog park. “We were outgrowing the space that we had,” said Isaac Larian, chief executive of MGA. They are sinking at least $150 million into the project, Larian said, with mostly family funds and money from a few investors.
Source: Los Angeles Times November 03, 2016 10:01 UTC