Mega-Project Moves Forward in Hollywood
"The Los Angeles City Council granted its approval [in January] of a vast new project that will include glassy towers with more than 900 new units of housing, over 300 hotel rooms and new shops and restaurants on more than eight acres in Hollywood," reports Emily Alpert Reyes.
"The $1-billion development will give rise to nine new buildings, including three skyscrapers, the tallest of which will measure 31 stories. Backers of the Crossroads Hollywood project said it would bring in needed housing and give an economic jolt to the neighborhood," according to Alpert Reyes.
Opponents of the project included the Coalition to Preserve L.A., the same organization that supported Measure S, the "Neighborhood Integrity Initiative," soundly defeated by voters in March 2017. Hollywood has been a hot bed of development and planning controversy over the years. A planned development in the neighborhood inspired the largest fundraisers for the Neighborhood Integrity Initiative and the Hollywood Community Plan was infamously overturned in court, among other incidents.
The Coalition to Preserve L.A. cited the federal investigation into bribery and corruption at Los Angeles City Hall as a reason to delay a decision on the Crossroads Hollywood project.