Downtown Los Angeles park, the Pershing Square is all set to receive a makeover. The concrete patch of land will undergo a complete change as the Anschutz Entertainment (AEG) Group, a leading sports and entertainment firm, is set to provide $7 million seed money for its betterment.

City Council member, Jose Huizar stated that a taskforce will be appointed to take over the changes that need to be incorporated in the park. Decisions regarding renovations or rebuilding will solely depend on the taskforce, reports Curbed.

Though the grant has been sanctioned, a detailed timeline on the park's redevelopment and usage of the money has not been charted out yet, reports Downtown News.

"Everything is on the table. If that task force comes back and says we want to scratch the thing and start anew, so be it, or we just want to change a few parts. Everything is on the table," Huizar told Downtown News.

Pershing Square has been a public place since the 1860s and has undergone many changes down the years. It was redone by architect Ricardo Legorreta in 1992 and opened in 1994 with a new addition of a bell tower, a lot of art work and fountains as well.

Problems on the park's usage became a raging issue when the Occupy LA, one of the groups of the Occupy Movement of the U.S., camped in the park. Excessive usage of drugs, improper disposal of human waste and physical conflict prompted cleanup and police patrols in the area.

With AEG's investment and the city's decision to improvise the park, Pershing Square might be the next big public place for the Angelinos.