Complex sentence: George Lucas announced on January 10th, 2017, the museum he wishes to construct will be located in Exposition Park in Los Angeles, California, citing the proximity of University of Southern California, his alma mater, other museums and local schools in south Los Angeles.
Split into simpler sentences: George Lucas announced on January 10th, 2017, the museum he wishes to construct will be located in Exposition Park in Los Angeles, CA. Siting the proximity of the USC, his alma mater, other museums and the proximity to local schools in south Los Angeles.