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Hollywood
Media District Formation
In January of 2000, after two years of community organizing,
The Hollywood Media District (HMD) formed a property-based
Business Improvement District comprised of 220 commercial
property owners.
The BID renewed in 2005 for another 10 years! In addition
to renewing, the BID expanded to the West, to the border
of West Hollywood (approximately LaBrea Avenue.) Many parcels
were picked up on the east boundary of the BID as well,
bringing the total to over 300 commercial property owners.
Each
property owner within the district pays a proportional share
of the annual budget based on the gross building square
footage and lot size. Currently the HMD has an annual budget
of $1,030,021 per year and is established for a 10 year
term with a review after 5 years. Funds are collected through
the City of Los Angeles County Assessors Office.
Total
lot square footage
|
4,600,000 |
| Gross
building square footage |
2,900,000 |
The Hollywood Media District has one operations coordinator,
a Management Consultant, and a 17 member Board of Directors.
The
guidelines for the budget expenditures were determined in
advance of the district's establishment, and drafted into
a district plan. The HMD has committed 60% of its fund to
Public Safety Patrols, 20% to Maintenance Teams, 5% to Community
Improvements, 10.6% to Program Administration, 2.4% to BID
Reserve/Contingency, and 2% to the City Collection Fee.
Mission
The Hollywood Media District's mission is to build the premier
Media District within the City of Los Angeles so that
- Local
studios can attract television, film and commercial production
companies
-
Local post production firms can expand their services
- Local
restaurants and shops can thrive
- The
local live theatre district becomes a thriving hub or
legitimate theater
- The
neighborhood is a safe and pleasant environment for the
residents around it and the employees who work in it
Goals
Create a District Identity
- Implement
Master Plan Concept as designed by Suisman Urban Design
Focus on Historic Studios
- Focus
on emerging technology of cutting edge firms in the district
Improve
Transit Related Infrastructure
- Build
parking structures (East and West end of district)
Maximize shared parking (day and night users) Increase
bus ridership & promote public transportation
-
Make it nicer to WALK around the district
Increase
Safety
- Improve
pedestrian environment throughout the district
-
Improve lighting - add security and building façade
lighting
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