Sunday, April 24, 2005
Four Theatres to Leave Hollywood:Since the beginning of this year, four of Hollywood’s best and most established small-theaters companies - Open Fist, the Actors’ Gang, West Coast Ensemble and Theatre/Theater - have either been evicted or are considering leaving the Hollywood area due to redevelopment and rising property values. All have resided in Hollywood for years, establishing themselves in marginal neighborhoods. Their very existence and the patrons they attracted lured restaurants and/or other businesses to the area, contributing to the rise in property values that is now pushing them out. All have delivered on their promises to be good neighbors, three of the four working with schoolchildren and engaging in community-outreach programs, in exchange for city grants. Most tellingly, all have been leaseholders rather than property owners, making them vulnerable for relocation(from LA Weekly).
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