What is the first landmark that comes to mind when you think about visiting Los Angeles? What is the most visible landmark when you are driving around the city? Your answer is most likely the Hollywood sign that looms over all of us and can be seen from miles away on a clear day. What would Los Angeles be like if the view of the Hollywood sign was obstructed or disappeared completely? It would be a sad day for tourism in our fair city.
It is no news by now that the land around the Hollywood sign is owned by a group of Chicago investors who could by all legal rights sell the 138 acres to developers to build four luxury homes. Instead, The Trust for Public Land stepped in and was given until April 14 to raise $12.5 million to purchase the land for the people of Los Angeles and save the clear views of the sign.
As the deadline approached the preservationists were still $1.5 million short. The investors have now granted TPL another sixteen days (until the end of April), to raise the money before placing the real estate back on the market. A matching grant has been set up by Aileen Getty and Tiffany & Co which could raise another $1 million. Every penny counts at this point to save the land around our most famous icon and, as icing on the cake, add it to Griffith Park.
Many companies, organizations, and individuals involved in the entertainment industry and the preservation community have donated amounts of money large and small. The fundraising is ongoing but time is running out. For more information you can view The Trust for Public Land website.