[ad_1]
The city of Los Angeles ordered the demolition of the building at the former Valley Plaza Mall, once known as the historic North Hollywood Shopping Center.
Opened in 1951, the outdoor mall has long been left to degrade as most buildings remained vacant for years and encountered many issues, including fires, criminal activity and homeless encampments.
“If they’re forced to demolish these buildings, they want to see something happen here and so they want to seriously consider developing or selling it to those who want to develop it.
The Charles Company acquired most of the complexes in 2015, but failed to develop the property after opening a company and exacerbating the structure.
On August 19th, the Building Committee’s committee hears the city’s application, moves the demolition forward, and places the owner liability for more than a decade of negligence. In the past, the city tried to ask the owner to develop or sell the property.
“It’s the lack of commitment to the site that we’ve reached where we are today, so we wanted to declare it a public nuisance,” said Adrian Nazarian of LA City Council.
Charles Company’s attorney Fred Gaines said the company applied for a demolition permit in September 2024 but cited the facility’s homeless camp as a barrier.
“No one is going to invest tens of millions of dollars in this site until this homeless situation is resolved,” said Fred Gaines, a lawyer with the Charles Company.
When it first opened, Valley Plaza was North Hollywood’s first outdoor mall, and once attracted national attention, including a visit from President John F. Kennedy. Business declined in the 1970s, and the site was severely damaged during the 1994 Northridge earthquake.
[ad_2]Source link