May 17, 2011 marked the end of a 17 year journey for the Little Tokyo Service Center in
obtaining a permanent home for its much anticipated Budokan of Los Angeles project.
On this landmark date, LTSC received approval from the City of Los Angeles for a site to
build the Budokan of Los Angeles in Little Tokyo, just east of Downtown Los Angeles.

The Budokan of Los Angeles project received a 25-year lease, with an option to renew
for another 25 years on city-owned land located at 237-249 Los Angeles Street, between
2nd and 3rd Street, just south of the Little Tokyo Branch Library.

“Creating a gymnasium and community space in Little Tokyo is a longtime dream that I
have shared with the Little Tokyo Service Center and the entire Little Tokyo community.
Today, we have taken a definitive step forward and moved closer to realizing the
potential of the Budokan Recreation Center. From creating 130 new jobs to generating
millions in tax revenues to support tourism, Budokan will be great for our city, “ said
Council President Pro Tempore Jan Perry.

Photo caption: Council President Pro Tempore Jan Perry (center) seen here withmembers of

the Little Tokyo community, held a celebration in the press room immediately after the council

vote.

With the long awaited approval of the groundlease, LTSC can finally now move forward

and begin the next phase of the project, which is to launch a major capital campaign.