LA's Hollywood And Western: Developers Move In

A group of Los Angeles investors who became friends while at UCLA specialize in opening hip businesses in troubled areas.

1 minute read

January 28, 2001, 9:30 AM PST

By Gwen Hilburn

Their urban renewal goal is to transform the intersection of Hollywood and Western in Los Angeles. This means getting rid of the drug and prostitution trades in the area. The group has bought a hotel which it will refurbish and rename. Other developments are also coming in. Critics say there is a long way to go to make it safe for families.

Thanks to Gwenn Hilburn

FULL STORY: Hollywood street corner looks for a happy ending

Sunday, January 28, 2001 in The Los Angeles Times

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