Will New Neighbors Overshadow Hollywood Landmark?

Last week saw the release of the draft EIR for the Millenium Hollywood project, a planned million square foot development being proposed by Millenium Partners and Argent Ventures. With architectural design by Gary Handel Architects and Roschen Van Cleve Architects, and landscape design by James Corner Field Operations, the still conceptual plan would locate residences, hotel rooms, retail space, and parking in towers up to 585 feet and 485 feet straddling Vine Street adjacent to the landmark Capitol Records building. 

So why describe the project analyzed in the DEIR as "conceptual" with the possibility of further changes to the "specific configuration and uses of the project"? 

"That caginess might have something to do with the opposition this
project has faced--neighbors, specifically those in the Hills, are
terrified of new towers and their potential impacts on traffic and
views," says Adrian Glick Kudler. "Preservationists are worried that the much-beloved Capitol
Records building will be eclipsed by its new, tall neighbors. Millenium,
meanwhile, has secured support from Capitol Records and from Louis
Naidorf, the staff architect at Welton Becket who designed the building..."