Times’ new home is in El Segundo

The new home of the Los Angeles Times will be at 2300 E. Imperial Highway in El Segundo.

A spokesman for Dr. Patrick Soon-Shiong, soon to be the newspaper’s new owner, said The Times would relocate to that address permanently sometime before the end of June, when the lease at its longtime headquarters in downtown Los Angeles expires.

Employees will move into a 120,000-square-foot building at Imperial Highway and North Douglas Street.

The building is being reconfigured to house a newsroom spread across multiple f loors as well as a cafeteria, a museum gallery, a retail shop and multimedia studios.

The 4.5-acre property also has room for a second building, the spokesman said.

The Times has been at its current location across from City Hall in downtown L.A. since 1935. But it became a lessee two years ago after the iconic Art Deco building was sold to Canadian developer Onni Group.

Soon-Shiong said Onni has demanded a $1-million-amonth rent increase to keep the paper’s staff at the building, money that could be better spent on resources for the newsroom. Because he owns the El Segundo building, the paper will have more flexibility and control, he said.

In announcing the move to The Times’ staff Friday, Soon-Shiong said he envisioned a campus with a modern newsroom that “is there for the next 100 years.”