Never lacking vision, revival's success proves elusive.
Los Angeles Business Journal › January 20, 2003
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Summary
Whatever Happened to Hollywood? - Hollywood's revitalization
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Never lacking vision, revival's success proves elusive.
THE plan was grand, and as the vanguard for an expected flood of development, so too were the pronouncements.
The $300 million mixed-use project with retail, hotel and office components would turn Hollywood around after nearly 20 years in decline. "Under the tarnished patina of Hollywood is a legacy waiting to be rediscovered," the developer told the Chicago Tribune. "Hollywood is a state of mind rather than a state of being." That the developer, Melvin Simon & Associates, failed to usher in a new era with its 1989 proposal for the site now occupied by ...See the full content of this document
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