Broadway West? WSJ article of interest

Please see the attached link to today’s Wall Street Journal, “Broadway West?” I think the fact that this project, although minimally underway without any of the benefits we enjoy here in Louisiana (BWS legislation, Historic and New market tax credits), should inspire us all to realize that we are not alone in our thinking and we should proceed forthwith to begin this project as soon as possible. With L.A.’s prosperity, income and size aside, this proves to me, once more, that culture is the economic development engine for urban environments seeking to reinvent themselves. I take encouragement from this article though I wish it had been about us and hope that you do the same. I think without the benefits that we have in Louisiana the likelihood of these LA theaters coming back online are dubious at best and thus we should not feel threatened but inspired.

Article begins by saying:

Broadway West?
Tinseltown Eyes Theatrical Revival
By JONATHAN KARP
November 14, 2007; Page B1
Los Angeles

Along Broadway in downtown Los Angeles, the Tower Theater helped usher in the era of "talking pictures" in 1927, and the Los Angeles Theatre hosted the 1931 premiere of Charlie Chaplin's classic film "City Lights." Albert Einstein accompanied the star to the gala, while Great Depression victims stood in line for bread across the street.

Read entire article here

Credit: Wall Street Journal On-line Edition