And The Winner Is...Hollywood?

Posted by: Christian Madera
Thanks to: Christian Peralta

25 March 2002 - 8:00am

Redevelopment efforts in Hollywood are responsible for the return of tourists and the Oscars, but current residents say all the new buildings have done little to improve the quality of life.

"The famous neighborhood is undergoing a renaissance along the lines of Times Square's transformation in the 1990s, from a seedy haunt for prostitutes and drug dealers to a family-friendly destination featuring Starbucks and The Gap...The latest addition to Hollywood Boulevard is the $615 million Hollywood & Highland project, which includes high-end shops and the Kodak Theater, the new permanent home of the Academy Awards." However, local residents have had to deal with increased noise, traffic and parking problems.

Full Story: Hollywood: Urban comeback of the year?

Source: CNN, March 24, 2002