Two New Trustees Join SCI-Arc’s Prolific Board Following the School’s Recent Purchase of its 4.5-acre Campus Located in the Arts District of Downtown Los Angeles

LOS ANGELES, CA (June 29, 2011)—The Southern California Institute of Architecture (SCI-Arc) today announced it has elected two new members to join its Board of Trustees: Ted Tanner, Executive Vice President, Real Estate Development for AEG Worldwide, and Russell Goings, a veteran LA-based investment banker and Senior Vice President at Hutchinson Shockey Erley & Co.

The 22-member SCI-Arc Board is chaired by land-use attorney Jerry Neuman, who stated that “as our school has grown into and is recognized as a world class institution, it is vital that our Board reflect that prominence and both Tanner and Goings bring that level of sophistication to a growing stellar Board.”  The SCI-Arc Board includes noted individuals such as Frank Gehry, Thom Mayne and Kevin Ratner.  The trustees unanimously elected the two new members during their quarterly meeting held June 15 on the school’s recently acquired campus in downtown Los Angeles. 

“Ted is re-imagining downtown and Russ is re-making the central city—two perfect fits that confirm SCI-Arc’s commitment to the future of Los Angeles as the city of the future,” said SCI-Arc Director Eric Owen Moss.

A noted developer and registered architect, Ted Tanner oversees AEG’s real estate development activities worldwide, including major projects in Los Angeles, London, Berlin and most recently in Asia and Brazil. He has attained more than 30 years of development experience in downtown Los Angeles, as well as 10 prior years working as an architect and a Philadelphia city planner. With AEG, Tanner was responsible for acquiring, entitling and master planning the 40 acres surrounding Staples Center, and for the past 3 years, he has been leading the development of the L.A. Live—a 4-million square foot sports, residential and entertainment development project in downtown Los Angeles valued at more than $2.5 billion—which includes the world-class Nokia Theatre, more than 600,000-square-foot of office space, broadcast studios, restaurants, the Grammy Museum, and the 14-screen Regal Cinema flagship. His team has recently completed the $1 billion 54-story, 1,001-room hotel operated by JW Marriott and Ritz-Carlton, as well as 224 luxury Ritz-Carlton Residences. Tanner also managed development of AEG’s Home Depot Center at Cal State Dominguez Hills in Carson, California, the Nokia Theatre Times Square in New York City and formulated plans for soccer stadiums in Bridgeview, Chicago and Harrison, New Jersey. Internationally, he led the development of the O2 Arena and Entertainment District in London—and is now undertaking plans for Phase 2 of the O2, as well as the master planning of a new entertainment destination adjacent to the O2 World Arena in Berlin.

Russell L. Goings, III is a veteran of the securities industry, with more than 25 years spent in California public finance. He has transaction experience with a wide range of financing vehicles, including taxable general obligation bonds, benefit assessment bonds, special tax obligations, certificates of participation, industrial development bonds, tax allocation bonds and tax-exempt commercial paper. His investment banking clients have included: the State of California; the cities of Los Angeles, Stockton, Fresno, Compton, Oakland, Richmond, Long Beach, Inglewood and Carson; the counties of Sacramento, San Diego, Contra Costa and Los Angeles; and political subdivisions such as the San Diego Unified Port District, Los Angeles County Metropolitan Transportation Authority and World Port of Los Angeles. He is the former president of I.C. Rideau Securities, as well as of LP Charles & Goings, Inc. In addition, he also worked as an investment banker for Lazard Freres & Co., First Southwest Company, First Albany Capital and Cabrera Capital Markets. Goings served on the Mayor's World Port of Los Angeles Futures Commercial Task Force and is the former Chairman of the Public Finance Subcommittee for Rebuild L.A. He presently serves as a Board Member for the Inner City Education Foundation which operates several charter schools in the City of Los Angeles and is the former Board President of the Watts-Willowbrook Boys and Girls Club.