Westwood Village decries bad rap, plans comeback. (Special Report: Westside)

From: Los Angeles Business Journal | Date: July 22, 1991| Author: Jacobs, Chip | Copyright information

Westwood Village decries bad rap, plans comeback

Recession, new competition and riots have battered trendy entertainment-retail hub

For those merchants and officials eager to return Westwood Village to days of economic vibrancy, 1991 is shaping up as the year Murphy's Law proved it, indeed, can happen here.

The recession that has battered Southern California for the past year blew its way into this trendy, entertainment-retail hub. That downturn, ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

Remedial urbanism: history, apathy, old plan stunt Westwood Village.(LOCAL WATCH)
California Planning & Development Report ; Westwood Village sits in the middle of a rare constellation of commercial districts. To the east lie Prada, Spago and the extravagance of Beverly Hills. To the south, Century City offers a resplendent new multiplex and every imaginable upscale chain store. To the west, Santa Monica's Promenade
Westwood Village redux? (multiplex theater competition in Los Angeles, California)
Variety ; In Westwood Village, the battle of the multiplexes has begun. On the Village's northeast corner is the proposed Village Center Westwood, a 5-acre parcel that would include a football field-sized plaza surrounded by retail shops, restaurants, a Ralphs supermarket, a 12,000-square-foot public library
Westwood civic leaders work to primp up village. (Westwood, California) (Special Report: Westside)
Los Angeles Business Journal ; Lower parking rates, new streetscapes set to lure visitors Westwood community leaders, working to revitalize their village, are nearing final go-ahead on a $100-million-plus mixed-used project in its hub and plans to cut parking fees for patrons and improve the look of the area's streets and
Stores retreat from troubled Westwood. (Up Front).(stores are closing in Westwood Village)(Brief Article)
Los Angeles Business Journal ; Nearly a dozen retail stores have closed their doors in Westwood Village during the past six months and another half dozen are getting ready to leave the once-prosperous village by year's end. Dissatisfied retailers bemoan the fact that the Village keeps limping along despite its proximity to
Loss of Potential Tenants Is Another Blow for Westwood.(Brief Article)
Los Angeles Business Journal ; ... Coming Soon on a boarded-up Westwood Boulevard building belies the news that Urban Outfitters Inc. has opted not to sign a lease with ... to officials at the restaurant's Long Beach headquarters. The news comes as yet another blow to the effort to revitalize the Village ...
Tower Records is latest Westwood Music store casualty. (Up Front).
Los Angeles Business Journal ; ... a beauty salon. The students who live in the dorms can get anything they want at the student union store' said Kelly Rayburn, news editor at the Daily Bruin, the UCLA student newspaper. There may not be much reason for them to go to Westwood 'Village. For ...
New Tenants in the Wings.(Westwood Village in Los Angeles sees arrival of new retailers)
Los Angeles Business Journal ; Struggling to find itself after years of decay, Westwood Village is in the midst of a sea change that could see the area return to its roots: that of a neighborhood-type village serving the everyday needs of nearby residents, workers and students. A flurry of activity, from leases to property
Mystery Solved.(Mystery Bookstore moves from Beverly Boulevard to Westwood Village)(Brief Article)
Los Angeles Business Journal ; It's no mystery why Sheldon McArthur decided to move his Mystery Bookstore from Beverly Boulevard to Westwood Village. Instead of going from $2.50 to $4 a square foot to remain at his location on Beverly east of Robertson Boulevard, McArthur instead signed a 10-year lease for $2.25 per square foot
Village of the damned for preems? (Inside Moves).(Brief Article)
Variety ; HOLLYWOOD Hollywood believes it takes the Village to premiere a movie, but the Village isn't cooperating: Blockbuster pic preems are being squeezed out of Westwood. Westwood Village is most event planners' first choice for tentpole movie premieres. Everyone in showbiz has seen the glamor drill:
Malibu developer buying up Westwood commercial parcels. (CDC-Relpopco LLC)
Los Angeles Business Journal ; Westwood Village has become a hotbed of development activity in recent months - and that activity has prompted Malibu-based developer Larry Taylor to go on a buying spree. Taylor, in partnership with a New York investment fund, has just bought several large commercial sites in Westwood Village, and