Hollywood Boulevard Reduced to a Ghost Town with Businesses Boarded Up | Seattle Real Estate Podcast

3 years ago
32

Hollywood Boulevard has been reduced to a ghost town amid the ongoing COVID-19 pandemic, with three-quarters of businesses boarded up and locals left wondering whether the area will ever recover.

The street, which runs through the heart of Hollywood and is one of the most iconic thoroughfares in the world, previously attracted 10 million people each year.

The boulevard was built on international tourism, with visitors packing the strip to view stars along the Hollywood Walk of Fame and pose for photos with their favorite comic book characters.

Each day, thousands would also flock to famous museums along the boulevard, including Ripley's Believe It Or Not Odditorium.

Meanwhile, Grauman's Chinese Theater - which has frequently hosted glamorous film premieres and the Academy Awards - was also one of the most popular destinations along the boulevard.

But the area has been abandoned in the past 10 months, with souvenir stores shuttered and rates of homelessness and crime surging as tourists stay away and the coronavirus rages.

Hopes for a recovery along Hollywood Boulevard have been dashed in recent weeks, as Los Angeles becomes the epicenter of the COIVD-19 crisis, with infection rates soaring and hospitals at capacity.

Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.

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