Thursday, July 25, 2013

"radically altering the Hollywood skyline"

The Los Angeles City Council approved a plan Wednesday that would radically alter the Hollywood skyline despite warnings from state officials that the project site may lie on a major earthquake fault line.

The 13-0 vote in favor of the Hollywood Millennium project allows New York-based developer Millennium Partners to build two skyscrapers and more than 1 million square feet of office, hotel and retail space on several vacant parking lots surrounding the iconic Capitol Records building. The towers would be 39 and 35 stories tall.,0,456526.story

Mayor Eric Garcetti, who championed new development in Hollywood for 12 years on the City Council, said he planned to sign the deal. Newly elected Councilman Mitch O'Farrell, who replaced Garcetti after he termed out this year, called the $664-million project a "game changer" that would create jobs and new tax revenue while bringing more life to Hollywood's eastern edge.

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