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Hollywood & Highland facts for kids
The center's entrance
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| Location | Hollywood, Los Angeles, California, United States |
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| Coordinates | 34°06′08.5″N 118°20′22″W / 34.102361°N 118.33944°W |
| Address | 6801 Hollywood Boulevard |
| Opening date | November 9, 2001 |
| Developer | The Hahn Company |
| Owner | DJM and Gaw Capitol |
| Architect | Ehrenkrantz Eckstut & Kuhn Architects |
| No. of stores and services | 60 |
| No. of anchor tenants | 1 (Dolby Theatre) |
| Total retail floor area | 640,000 sq ft (59,000 m2) |
| No. of floors | 5 (retail) |
| Parking | On-street, parking garage |
| Public transit access |   Hollywood/Highland |
Hollywood & Highland is a shopping center and entertainment complex at Hollywood Boulevard and Highland Avenue in the Hollywood district in Los Angeles. The 387,000-square-foot (36,000 m2) center also includes TCL Chinese Theatre (formerly Grauman's Chinese Theatre, and Mann's Chinese Theatre) and the Dolby Theatre (formerly known as the Kodak Theatre), home to the Academy Awards. The historic site was once the home of the famed Hollywood Hotel. Located in the heart of Hollywood, along the Hollywood Walk of Fame, it is among the most visited tourist destinations in Los Angeles.
The complex sits just across Hollywood Blvd. from the El Capitan Theatre and offers views of the Hollywood Hills and Hollywood Sign to the north, Santa Monica Mountains to the west and downtown Los Angeles to the east. The centerpiece of the complex is a massive three-story courtyard inspired by the Babylon scene from the D.W. Griffith film Intolerance. The developer of the shopping center built parts of the archway and two pillars with elephant sculptures on the capitals, just as seen in the film, to the same full scale. It gives visitors an idea of how large the original set must have been.
The center has over 70 shops and 25 restaurants. Major retail tenants that face Hollywood Boulevard include American Eagle Outfitters, Forever 21, and Sephora. The complex also houses a Lucky Strike Lanes bowling alley, a six-plex movie theater, and a nightclub. Hollywood & Highland also houses 65,000 square feet (6,000 m2) of gathering spaces including the Grand Ballroom, used for the Oscars Governors Ball. Celebrity chef Wolfgang Puck operates his regional headquarters out of the complex. The center also includes television broadcast facilities that in 2004 included the studios for the daily talk show On Air With Ryan Seacrest. Currently, the studio is home to Revolt TV.
The 637-room Loews Hollywood Hotel is also part of the site. The Metro B Line's subway station of the same name is beneath the structure. Also, Metro Local lines 212, 217, 222, 237, 656 and Metro Rapid 780 serve Hollywood & Highland.
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Site history
The site was the location of the 1902 Hollywood Hotel, in which many celebrities stayed in the early days of Hollywood. The hotel was demolished in August 1956 and, despite initial plans for a high-rise hotel and a department store on the site, it was replaced by the twelve-story First Federal Building of the First Federal Savings & Loan Association of Hollywood; a shopping center; and parking lots. These stood until 1998.
Development
Developed by TrizecHahn and with funds from the Community Redevelopment Agency, Hollywood & Highland opened after three years of construction in November 2001 and is part of an overall effort to revitalize Hollywood Boulevard.
The project was an example of joint development, in which a public agency leases the right to develop a parcel in exchange for improvements to the property, in this case, an enhanced portal to the Hollywood/Highland Metro B Line station and a 3,000 space underground parking lot. TrizecHahn leased 1.35 acres (5,500 m2) of Los Angeles County Metropolitan Transportation Authority land for 55 years at a rate of $492,000 per year (with additional increases added every five years based on the Consumer Price Index) and four 11-year optional extensions.
Leading up to the construction of the development the City of Los Angeles was persuaded, through its Community Redevelopment Agency (CRA), to contribute at least $90 million in 1998 toward the initial construction of Hollywood & Highland. This was in addition to the costs of constructing the Red Line subway station below the mall.
Trizec Properties Inc. sold its interest in the development for over $200 million in 2004 to CIM Group. CIM rebranded Hollywood & Highland and repositioned the center with higher-end tenants. In 2005, the center underwent renovations to add additional features such as escalators leading visitors from Hollywood Boulevard directly to the third floor of the central courtyard, new signage, and new stores.
In 2019, Real estate investment firms DJM Capital Partners, Inc. and Gaw Capital partnered and purchase the mall for $325 Million. They announced plans for a major renovation. They announced they will rebrand and upgrade the retail and courtyard. Add office space in the upper floors and remove the Babylon themed decor. The renovations are expected to begin work in 2020 and conclude by 2021. Will be renamed "Ovation".
Impact
The center played a significant role in attracting development to other parts of Hollywood Boulevard. The TV Guide Hollywood Center (formerly owned by CIM Group) across the street reconstructed the ground floor and has attracted new tenants such as American Apparel, Baja Fresh, Hooters, and Coffee Bean & Tea Leaf. Other notable retail stores that have a presence on the Boulevard include clothier H&M and the Spanish retail chain Zara. In addition, several blocks further east on Vine Street, a W Hotel opened incorporating the existing Hollywood/Vine Metro Red Line station.
The sidewalk in front of Hollywood & Highland is considered a coveted location for recent additions to the Hollywood Walk of Fame. As such is one of the few locations where the star memorials are "doubled up" rather than being placed linearly, in order for more stars to be accommodated in front of the center.
In February 2005, the Academy Awards statuettes were put on display for public viewing at Hollywood & Highland before the ceremony on March 5. Visitors could have a picture taken outside with a giant prop Oscar that was to be used on the red carpet and in the exhibit could learn about the history of the Academy Awards, see the statuettes that were to be presented, and even get their picture taken holding an actual Oscar statuette. It became extremely popular, so the Academy decided to continue it. The exhibit opened on February 9, 2006 and closed February 24, when the Oscars were removed and paraded down the red carpet into the Dolby Theatre.
See also
In Spanish: Hollywood and Highland para niños