To
Santa Monica
Mirror Staff
Imax Corporation, the Toronto-based company that makes
large projection/sound systems and the motion pictures that are shown
on them, is planning to move both its Brentwood offices and Culver
City post-production studios into a Santa Monica warehouse at 3301
Exposition Boulevard in Santa Monica.
In the Lantana complex near the Santa Monica-L.A.
border, the structure was scheduled to be demolished by the
Houston-based firm which recently bought Lantana to make way for an
office building.
Imax has leased the building for 13 years and will
renovate it. It will spend $45 million on the lease/renovation package
and expects its new quarters to be completed within the year.