Artist rednering of the proposed $1 billion development around the Capitol Records building on Vine Street in Hollywood. Developer is Millennium Partners of New York.
This week real estate developers made an unusual concession. Millennium Partners, creators of the controversial skyscraper project Hollywood Towers backed down to public pressure and agreed to reduce the height of two residential towers by 25 percent.
The revision will crop the east tower from 55 stories to 39 and the west tower will be cut from 45 to 35.
We find out why residents objected to the project and what it means for the new structure.