Wanna buy a historic Hollywood theatre? Well, the El Capitan is rumored to have been put on the market today, with a price tag of $31 million. The purchaser will have a ready-made tenant, namely Walt Disney Co., and can boast they own a key piece of the entertainment industry, old and new.
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Continue reading "Historic El Capitan Goes Up For Sale"
A historic piece of property has just gone up for sale: The redwood hangar where eccentric millionaire and aviation icon Howard Hughes (pictured) built and housed the "Spruce Goose." The hangar was set up in the early 40s when Hughes was awarded a wartime government contract, and, according to the LA Times, "is now used mainly for movie and television shoots." It is located in what is now the Playa Vista Development. In 1998, when work began on the site for Playa Vista, plans were to incorporate the 11 Hughes buildings on the premises as part of "the Campus at Playa Vista, a new entertainment, media and technology complex."
Continue reading "$60 Million Will Get You a Piece of Aviation & Movie History"
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