Realizing the Dream of Arts Park Is Largely a Matter of Money By Doug Smith, Ross Hopkins, a private political and public relations consultant, is executive director of the Cultural Foundation. The 12-year-old private group plans to build Arts Park L.A., a complex of art and performance facilities on 49 acres beside Balboa Lake in Sepulveda Basin. After years of delay, the foundation is only weeks away from final distribution of an environmental impact report, the last obstacle in its protracted negotiations to sublease the land from the Los Angeles Recreation and Parks Department. Hopkins expects to have the lease in hand by the end of summer. Then all the foundation will need is money to begin construction. The cost is projected at $150 million. Times reporter Doug Smith interviewed Hopkins