[Sunset-Gower Studios via flickr user and Boing Boing editor Xeni Jardin]
The LA Business Journal does a quick wrap up of today's events that saw the Sunset Gower Studios in Hollywood being sold to Hudson Capital LLC for a hefty $200 million. Details about Hudson's plans for the studios are sketchy, although the site was advertised as a redevelopment opportunity. However, Eric Garcetti (CD13) and the CRA said they oppose the redevelopment of the studios for more housing. They want to see the studios expanded or some sort of commercial office development.
· Sunset Gower Studios Sell for $200 Million [LABJ]