Building boom gives Hollywood pause
Some worry that a proliferation of high-end projects will bury the charm of the storied area’s golden past.
By Roger Vincent
Los Angeles Times Staff Writer
May 6, 2008
Construction cranes hover over Hollywood as the movie industry’s historic home undergoes another sweeping — and sometimes wrenching — transformation.
More than a dozen multimillion-dollar projects have been announced, launched or just completed that promise new shopping and restaurants, thousands of new apartments and condominiums and towers of glass and steel.
Glitzy clubs dot once-sketchy street corners. Residents swim atop the former Broadway department store at Hollywood and Vine. Construction projects cuddle up to Grauman’s Chinese Theatre and are popping up in the shadow of the landmark Capitol Records tower.
