.

Valley and Laurel Plazas, Part 2: Wiped Out by an Earthquake and a Fashion Square

Patch explores how an economic hub became 'an economic black hole.'

This is Part Two of a five-part video documentary series on the history of Valley Plaza and Laurel Plaza. Click here for the other four parts:

Part One

Part Three

Part Four

Part Five

***

In November, North Hollywood-Toluca Lake Patch broke the news that a $333-million renovation of Laurel and Valley plazas . Then on April 14 developer J.H. Snyder announced it had entirely and sold its Valley Plaza land holdings back to IStar, a New York-based commercial lender.

With the death of yet another redevelopment plan of the area, which has been devastated ever since the 1994 Northridge earthquake, North Hollywood-Toluca Lake Patch decided to investigate the history of the mall in an effort to better understand what the Laurel and Valley plazas were, what they are and what they could be.

Jack McGrath May 25, 2011 at 11:02 AM
I find CRA Project Manager Ms.Garzala Prisada's comments incredible about the redelvelopment time frame of the north hollywood area.. She says "CRA wants to repeat the NoHo story" The NoHo redelvelopment project started under Councilman Joel Washs in the early 70's. It has now taken 40 years to get a new movie theater in the area. How much did the CRA spend in staff salaries and overhead in the past forty years working on the NoHo project.? Maybe Wendy Gruel could find that answer with a quick audit. The people who live and work adjacent to the Valley and Laurel Malls do not want to wait 40 years for the Valley Plaza and or Laurel Plaza Mall re-development projects to be completed. No more boarded up store fronts with the sign, "No business here" CRA needs to get in gear now, not in forty years. Finally the press is examining this urban black hole. Craig Clough of the NH Patch has done a great job with this subject matter. The Daily News and LA Times should take notice. We need sharp reporters asking the touch questions about city policies.
LABornAndRaised May 25, 2011 at 05:23 PM
Another great job Craig. It's impressive that you got to interview the CRA manager and Councilman Krekorian. I'm very interested to see the next series comparing NoHo's success to Valley Plaza. I wonder if one factor is different councilmen (LaBonge vs Krekorian/Greuel) representing the respective areas.
Evan Atkinson May 25, 2011 at 05:26 PM
Hats off to you Craig. A great continuation of the first installment: very informative. Now, let's all do something about it!
maria muse May 27, 2011 at 03:15 PM
40 years! Totally unacceptable. NOHO has a long way to go still. All of those off streets to Magnolia and Lankershim are sketchy. Apartment buldings are a big problem when the managers don't care who they are renting to. Getting there.
maria muse May 27, 2011 at 03:16 PM
Typo on buildings.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »