What should have been a hugely successful retail development in Hollywood is instead a huge flop.
"Hollywood and Highland is the present-day 'Heaven's Gate' of commercial real estate. Anticipated to become the keystone of Hollywood redevelopment, this $615 million extravaganza has been the victim of climbing budgets, poor taste, and a possible miscalculation of its core audience. After taking two enormous charges, worth a total $400 million, Chicago-based owner-developer Trizec Properties finally sold the problematic project last month to CIM Group of Los Angeles, for a modest $201 million. Now CIM has some ideas, albeit preliminary, on how to turn the Blue Elephant of Hollywood Boulevard, crouching on its hind legs atop a 73-foot Babylonian column, into something hipper and more oriented towards locals than tourists."
Thanks to Peter Slatin
Read the full story: When Blue Elephants Turn White
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Move over, LA: St. Louis gears up for Olympics, invests millions in downtown redevelopment
The Missouri city will host the 2028 Olympic soccer group stage and knockout matches.
Mass. votes against statewide minimum lot size for single-family homes
Over 2 million residents voted on Question 7; it was decided by just over 30,000 votes.
Maryland’s $15 billion bridge project gains key approval
The Maryland Transit Authority said the project will create over 60,000 jobs and add $23 billion to the local economy.
‘No clear next steps’ for Chicago's permanent festival grounds
Eleventh Ward Ald. Nicole Lee has suggested Soldier Field as a possible location for the permanent event space.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello