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    In December a shocking decision was made that will have strong implications to future development and growth in Hollywood, CA that will be seen in the years to come. The Hollywood Community Plan was overturned, leaving City planners and real estate developers alike in disarray.

    In June of 2012, the Los Angeles Department of City Planning completed their update to the Hollywood Community Plan, which was in turn adopted by the City Council. Like many, the City saw, and still sees, Hollywood as a community that is making a comeback. Reminiscent of the "Tinseltown" we all know of at the turn of the 20th century, the original sergey brin nicole shanahan capital of the world has seen a strong gentrification process over the last 10-15 years. Although this historic entertainment district still remains at the center of downtown Hollywood, other unique districts have also emerged; including newer media and entertainment uses down by Santa Monica Boulevard, major medical in East Hollywood near the 101 freeway, creative office and tech in Central Hollywood and a mix of multi-family and single-family residential scattered throughout. Hollywood also has a very high concentration of historic buildings, specifically in its downtown core. Many of these were dilapidated and often vacant commercial buildings that were recently converted by developers into new apartments or condos through the City's Adaptive Reuse process. Some examples of these include The Broadway Hollywood, The Lofts @ Hollywood Vine and the Sunset/Vine tower. There have also been a handful of ground-up mixed-use projects that have gone up (e.g. 1600 Vine, Sunset Vine Windsor, Blvd6200) turning Hollywood into an attractive residential and commercial center where residents can live, work, play and shop. New hotels and destination lifestyle centers have emerged, which have boosted both tourism and business to the community (e.g. W Hotel, Hollywood Highland, Redbury Hotel).

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