HOLLYWOOD LANDMARK TO BE PART OF MAJOR DEVELOPMENT.Byline: RICK ORLOV Staff Writer A landmark Hollywood property will become part of a proposed multimillion-dollar development that includes a luxury hotel under terms of a deal announced Wednesday. Robert Blue This article is about the artist. For the politician, see Robert Donald Blue. Robert D.[1] Blue (1946[2]- January 22, 1998[3] , owner of Bernard Luggage Co. on Vine Street
The project, between Argyle Street Argyle Street is the name of a street in many cities and towns. Notable among these are:
Hollywood Boulevard is a boulevard in Hollywood, Los Angeles, California, United States, beginning at Sunset Boulevard in the east and running northwest to Vermont Avenue, where it straightens out , initially called for demolishing the Herman Building, known as the Bernard Luggage Building. But Blue sued, saying the 1928 structure is on the National Register of Historic Places This article is about the U.S. Register. For the National Register of Historic Places in Canada see Canadian Register of Historic Places. The National Register of Historic Places and city officials violated his rights by using eminent domain eminent domain, the right of a government to force the owner of private property sell it if it is needed for a public use. The right is based on the doctrine that a sovereign state has dominion over all lands and buildings within its borders, which has its origins in to try to take his property. ``This is a major breakthrough,'' said council president Eric Garcetti, who represents the area and helped negotiate. ``This agreement came only after painstaking work where we were able to work with the developer and the businesses.'' The project is expected to involve an initial investment of $350million to $500million and is expected to generate $167million in tax revenue. Plans also call for construction of 375 apartments, 150 condominiums and development of more than 61,000 square feet of retail space. ``This is the type of project that is a model for future development along transit corridors,'' Garcetti said. The Blue Family Trust credited Garcetti's involvement in helping negotiate the deal, which will allow his family business to remain. ``We have a win-win solution that blends the old with the new, allowing our family-run business to remain in the same location it has had for 50 years,'' Blue said. Officials said construction is expected to begin later this year and be completed in early 2009. rick.orlov(at)dailynews.com (213) 978-0390 |
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