BOO
Developers intend to unveil a model of the retail district that would be built on the Inglewood site. The project, which would also include residences, must still be approved by the city.
The controversial plan to raze the landmark racetrack at Hollywood Park is coming into clearer focus this week as developers plan to unveil a model of the proposed 620,000-square-foot retail district that would partially replace it.
The Hollywood Park Tomorrow project would mark one of the region's largest redevelopment projects, covering 238 acres in Inglewood -- though it faces hurdles.
The Hollywood Park Tomorrow project would mark one of the region's largest redevelopment projects, covering 238 acres in Inglewood -- though it faces hurdles.
The plan has yet to be finalized, and Inglewood officials still must approve it. The developers say that once they get the go-ahead, they're ready to tear down the track and break ground on the roughly $2-billion project.
A question remains about the feasibility of launching such a large project amid an economic downturn that has stalled similar developments.
Hollywood Park officials have guaranteed horse racing only through this summer.
A question remains about the feasibility of launching such a large project amid an economic downturn that has stalled similar developments.
Hollywood Park officials have guaranteed horse racing only through this summer.

0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home