Laurel Canyon Plaza, Home of North Hollywood Macy's, is Sold

North Hollywood's Laurel Plaza, which houses a Macy's department store, has been sold for an undisclosed amount and the owner plans on replacing it with a mixed-use retail, multi-family development, the Los Angeles Times reports.

The 25-acre lot located at 6150 Laurel Canyon Blvd. was built in 1955.

Details about the selling price were not disclosed. A Macy's spokesperson did not return calls for comment.

Click here to read the full story.
Jean Jeunet January 22, 2014 at 10:05 PM
Why can't Caruso buy up this property? It has so much potential and I've never heard of this developer before. Hopefully they actually put some time and thought into this and do what's best for the community. Americana is a perfect example of mixed-use done right. There is a lot of land to work with here.
Do not take a Lane out on Lankershim for bikes January 23, 2014 at 09:57 AM
You got to be kind me one more bussiness sold that whole area is going to the dogs. Paul kerko®ian realy needs to do something about it and find a delvoper before the hole city goes under.
Alex White January 23, 2014 at 11:36 AM
The Shadow: “Shadow calling Batman…Shadow calling Batman.” Batman: “Batman here.” The Shadow: “Batman, need help…developer’s purchased Macy’s, plans to build multi-family homes within a retail complex.” Batman: “Sounds like revitalization meets urban overdevelopment to facilitate increasingly unchecked So-Cal immigration resulting in more congestion and a lower quality of life based upon unbridled greed and a huge profit margin.” The Shadow: “What’s that mean?” Batman: “No Dog Park’s going in there.” The Shadow: “I don’t get it Batman…the area has already gone to the dogs.” Batman: “Right…Ok…Macy’s has hit the skids; the area is ripe for developer exploitation.” The Shadow: “Huh?” Batman: “It’s a real big lot…a lot of crappy apartments will fit in the space.” The Shadow: “Oh…but who wants to live in that dumpy area Batman…there’s not even a Starbucks or a California Pizza Kitchen…and no Singing Sushi?...” Batman: “Section 8…it’s a perfect solution.” The Shadow: “Drat…I better channel Superman.” Batman: “Good idea…meanwhile I’m going into Gotham City, get’n a massage…refreshing my Medical Marijuana stash…I mean prescription…over and out, Shadow.” The Shadow: “I’m taking a walk by Macy’s and clouding men’s minds so they cannot see me.”
charles Ewing January 23, 2014 at 02:41 PM
The entire are from the Ventura Fwy north to Sherman Way already has gone to the dogs - big time..
Bike2Hike January 23, 2014 at 03:30 PM
We might be talking about something completely different if the Redline would have been extended to this area.
Bob Peppermuller January 23, 2014 at 03:54 PM
If the developers avoid Section 8 and density bonus stuff like the plague and follow the new DBS building guidelines it might have a chance. Heck it could even help justify a NoHo DASH line. DASH would be in lieu of what Bike2Hike suggested. NoHo DASH is under study. DASH = Downtown Area SHuttle. A transportation acronym that is used across the the country for shuttle type services of any kind. DBS = Dept of Build & Safety. If you Google both developers they both have a local track record that looks OK.
charles Ewing January 23, 2014 at 05:26 PM
Most commenters now use "IF" not "WHEN" that does not signal positive thinking Perhaps the commentor is thinking another Red-Lobster or some other chain...
Dee January 23, 2014 at 06:51 PM
Gonna be apartments or condos :-/
charles Ewing January 23, 2014 at 07:08 PM
JEAN - It is an expensive piece of property NOT in an high-active /good view area Not many would want it unless for a quick turn-around Face it - the valley is becoming the new..............
charles Ewing January 23, 2014 at 07:17 PM
Jean one comment MONEY....
Jean Jeunet January 23, 2014 at 08:48 PM
Laurel Plaza is surrounded by Money. If the developer invests and does it right, the community will reward it with patronage. As they say, "build it and they will come." We're eagerly awaiting something here as we're having to go to the next city over (and it's not convenient) ....Empire center. We have money surrounding this plaza from Valley Glen, Valley Village, Studio City, NoHo, Toluca Lake and even west Burbank. Hopefully they don't fit the stereotype to make a quick buck and actually develop something the community needs and will reward them handsomely.
Do not take a Lane out on Lankershim for bikes January 23, 2014 at 09:12 PM
Just build built something baby lets do it.
Bandelier Pilferage January 24, 2014 at 02:03 AM
Bandelier Pilferage. Stop the 'politico speak' and get a moral backbone. Enough political correctness. SoCal was sold out by FED. GOV and LA Catholic archdiocese, who both encouraged mass illegal immigration of INDIO from Mexico. Many areas in LA have been deluged by the 'immigrantes'. The Church encourages their new congregation to breed without restraint and the City apparently abdicated to them long ago. Few speak of this invasion and 'cultural genocide' that is on-going. Future land development, private and public will accommodate a skyrocketing Mexican population and has little to do with quality of life, unless you speak Spanish.
Christopher Thom January 24, 2014 at 09:40 AM
You all realize that this area WAS Mexico until it was taken by force. Even if that's not important to you, unless you are full Native American and 100% from a tribe local to the area - YOU are a result of the "unchecked immigration". The areas of LA that have gotten run down or bad became that way from the lack of outside money and real estate development. Communitues need outside investment - unless you'd rather have abandoned buildings and unmaintained properties. I'd argue that paranoia, ignorance, and racism destroy communities far quicker than any addition of housing, retail development - or dispensary.
Lightnapper January 24, 2014 at 01:31 PM
Ahhh...the old we were here first interlaced with the Native American Heritage gambit-- therefore, we can trash the area and make it look just like the Homeland so we feel more comfortable living here argument. "Ho Hum...the witch is dead...the wicked witch is dead" History is history and here's a bit of it. After 36 years of living in North Hollywood, I have seen the names change to No-Ho and Valley Village, etc., all for Real Estate purposes more than anything. And, I have seen the money-driven gentrification element move into a basically "crappy area" and attempt to alter the landscape to suit their individual needs. North Hollywood is basically exactly the same as it was in 1978, except for a "revitalized" No-Ho area full of clueless "consumers' who think bars and restaurants are actually the "good life." I have also seen the demographics change from mostly middle class whites to "working," "want-to-be-working," and "not working" Hispanics. Now African Americans are moving from their previous areas of residence into North Hollywood and Sun Valley because Hispanics have moved them out of that particular territory, mostly by sheer numbers and the fact that they don't always get along. That cultural fact and demographic shift is not racism; that's simply life. Bottom line. Rich people with experience in "lining pockets" of our politico will do whatever it takes to develop the area and to exploit it to it's full monetary potential-- even if they have to sit on the property for 20 years (just look across the street-- tick...tick...tick) and, in the end, apartments will be the main body of that development; and, those apartments will be filled mostly with "immigrants"-- whether legal or "illegal"-- from Mexico, Central and South America, as well as with residents who once lived in Palmdale, Lake Los Angeles, California City and the more Southern parts of LA. That's not racist; that's economics and an actual migration pattern. And, if the developer's are really smart-- there will be a Wal-Mart because that will draw not only protest (I can hear the liberal screams now) but a clientele that appreciates value and close proximity to shopping. There will also be a McDonalds and probably a Starbucks. Money talks...the rest is B.S.
Bandelier Pilferage January 24, 2014 at 11:21 PM
@ Chris Thom. NO-HO Macy's sells land. You speak from ignorance and a defunct base of illogical data that does not support your position, rather it exposes your animas and corrupt agenda. By your words you promote 'cultural genocide'.The present condition of this area is a blue-print for maximizing real-estate speculation and dumping your portfolio and switching from single family housing to business projects and multi-family housing to accommodate the illegal Mexican invasion at the expense of indigenous families that only desire to maintain their quality of life. I've viewed drastic change(demographics) in the area since 1962 to present. Its not a pretty sight. We have been invaded. The CITIZEN is in peril. It's obvious the FED GOV has an agenda and its to saturate SOCAL with as many illegal IMMIGRANTE's as can be tolerated. The newcomers have imported their customs and usages at the jeopardy of American sensibilities. Look at any areas were (INDIO's) have overwhelmed by staggeringly high number and unconscionable birth-rates encouraged by Roman Catholicism. My revulsion of hearing Spanish spoken in every nook and cranny, navigating through the myriad of gang-neighborhoods and jeopardizing life and limb exposing self to LA vehicle traffic is nauseating. The 'No Necks have supplanted Americana with a 'Variant Beaner Culture'. Loose your ostrich mentality, embrace what 'Big Brother' has loosed on you and then recall what is lost. Los Angeles is the first casualty of loss of political imperative to Reconquista. When you tax-payer's ponder what your hard earned $$$$ is being spent on, look no further than a 1.5 million illegals you help to support. Pilferage is the name.........PT of your sensibilities the game. I only word it......did not event it.
Christopher Thom January 25, 2014 at 02:44 AM
Wow... You can't be serious...Either you're joking around or you're just another paranoid racist assuming every Hispanic is a gang member illegal alien living on federal aid and wrongly thinking English speaking Caucasians are native to North America and some how are in the position to decide the fate of all other cultures and races. .... No no no, you have to be joking; or just have a lot of misdirected anger.
Brian Aherne January 29, 2014 at 04:28 PM
Did anyone happen to notice: the more government tries to control things, the worse they seem to get -always far worse than it was before there were any controls other than the most basic rules of society?


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