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Here's one Westwood Theater project residents can accept.


While one theater-anchored retail project in Westwood Village is drawing intense opposition from homeowner groups, a rival project has garnered the support of some of those same community leaders.

Cineamerica Theaters LP of Encino wants to build a retail, restaurant and movie theater complex on the west side of the Village in an area bounded by Weyburn, Gayley and Broxton avenues.

If approved, Cineamerica would raze raze also rase  
tr.v. razed also rased, raz·ing also ras·ing, raz·es also ras·es
1. To level to the ground; demolish. See Synonyms at ruin.

2. To scrape or shave off.

3.
 the Mann's Four-Plex and the Regent REGENT. 1. A ruler, a governor. The term is usually applied to one who governs a regency, or rules in the place of another.
     2. In the canon law, it signifies a master or professor of a college. Dict. du Dr. Call. h.t. 3.
 theaters and build a two-story, 60,000-square-foot, 13-screen movie theater with 3,000 seats. Shops and restaurants would comprise the remainder of the 120,000-square-foot complex, with little or no net gain in overall theater seats.

The project has already won the tentative tentative,
adj not final or definite, such as an experimental or clinical finding that has not been validated.
 support of Laura Lake, president of Friends of Westwood.

"I think it's a terrific project that conceptually fits with the Village," Lake said. "We've explained some of our concerns, mainly the parking shortfall Shortfall

The amount by which the capital required to fulfill a financial obligation exceeds available capital.

Notes:
Shortfall risk is often combated with an efficient hedging strategy created by a fund, group, institution, or individual.
 and there may be some solutions. It's a project without a fatal flaw."

Lake is one of the leading opponents of a plan by developer Ira Smedra's Arba Group to build a 13-screen movie theater with restaurants and shops in a 437,000-square-foot project on the east side of the village, in an area bounded by Weyburn, Glendon and Tiverton avenues.

Smedra's project is more than three times the size of the Cineamerica project - too large for the area, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Debbie Gendel of Friends of Westwood.

She says the Smedra development will generate more traffic for residential streets, while most of the traffic for the Cineamerica project will flow onto Veteran Avenue.

Cineamerica President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Charles Goldwater said his location is more consistent with the character of the Village.

"It fits within the streetscape street·scape  
n.
1. An artistic representation of a street.

2. Surroundings composed of streets: the urban streetscape. 
," he said. There may not be room for both projects. The Westwood Village Specific Plan limits the number of theater seats to the current 6,030. While Cineamerica would simply replace existing seats, the Arba project would add 3,400 new seats.

Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  City Councilman Mike Feuer, who represents Westwood, said he is open to both projects, however, saying there is a logic to "bookend" the Village with new theater projects on the east and west sides.

The Smedra project is concluding a public comment period and it will be submitted to city officials this summer. Cineamerica is revising its application at the request of city officials.

Despite the opposition of Friends of Westwood, Smedra's Village Center Westwood project has won the support of Westwood merchants and others who say it will help revitalize re·vi·tal·ize  
tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es
To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy.
 the struggling commercial district.

More than 2,000 residents and merchants have joined a group organized by the developers, Westwood 2000, to support the project.

Smedra rejects contentions by Lake that he has not been responsive to the community. "I think we can document well over 100 meetings in the last 18 months with community members, homeowner board members, community leaders and homeowner annual and monthly meetings," Smedra said.
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Article Details
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Author:Sable, Julie
Publication:Los Angeles Business Journal
Date:May 26, 1997
Words:488
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