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For Release: Tuesday, August 6, 11:36 am, EDT – Editors, Real Estate, Living, LA, NY, Internet

 

Continental Development Group's Paseo
Plaza Hollywood Project Gets Community Support

Firm signs Gruen Associates for final phase

Paseo Plaza Hollywood Project
Paseo Plaza Hollywood Project

LOS ANGELES, CA -- HOLLYWOOD, Calif., Aug. 6, 2013 /PRNewswire/ -- Continental Development Group founder Juri Ripinsky announced today that The Paseo Plaza Hollywood Project, its newest lifestyle community center, has signed Gruen Associates Architectural firm for final plans on schedule for construction ground-breaking later this year at the location on Santa Monica Blvd. and Wilton Place in Hollywood. Gruen is well known for their work on many community centers in Los Angeles including the Pacific Design Center.

"The Paseo Plaza in Hollywood has all the components of a project that will benefit the community," said Los Angeles City Councilmember, Mitch O'Farrell. "The project will promote smart growth, provide easy access to all modes of transportation, increase the City's tax base and create new construction and permanent jobs. This project represents an unprecedented investment in East Hollywood and I look forward to seeing the project realized."

"We are delighted to have councilmember O'Farrell's support, and having worked with the Council District and the community members this project continues to be a rewarding experience that will result in bringing a transit-oriented, mixed-use development, that will honor the needs of the families and residents of this neighborhood and will deliver the finest goods and services in a town center environment which will enhance the quality of daily life," Ripinsky said.

"Since the Paseo Plaza Hollywood project first was announced it's been a source of continuing excitement for our community because it will provide a new center for our area unlike anything we have here. The fact that it will also create more than 1200 new and full-time jobs is a very important contribution," said Patrick Atgerkop, a member of the Hollywood Studio District Neighborhood Council.

Source: Continental Development Group, LLC
Media Contact: Steve Jaffe, Jaffe & Co., Inc., (310) 275-7327

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