Report: LAX to Buy Radisson

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The agency that runs Los Angeles International Airport has begun negotiating in secret to buy a high-rise hotel just outside the airport’s main entrance, the Daily Breeze reports.


The Daily Breeze reported in October that airport officials were eying the Radisson Hotel as a future administrative headquarters. On Monday, airport negotiators met behind closed doors with the hotel’s owners to negotiate a purchase price, according to a legally required notice of the meeting.


Airport officials have refused to comment on their plans for the Radisson. The notice of Monday’s meeting was the first public acknowledgment of their interest in the landmark hotel.


The Radisson dominates one of the most visible corners in the airport neighborhood, rising 12 stories above the traffic of Sepulveda and Century boulevards. Property records list its assessed value at around $21 million, but a representative of the San Diego-based company that owns it has said those are old estimates, and low.


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