In the first half of this decade Hollywood is seeing a massive makeover of its commercial and residential real estate. The excitement and glamour in the name is reflecting on the property development of the area. The big players are all pumping in the dollars to make the most of the resurrecting potential of the Hollywood market. Rising from recession, Hollywood real estate has some great projects in making. This cash inflow shows high expectations from the current market. These projects will not only create jobs, they will elevate the value of properties in the Hollywood neighborhood.
Samir Srivastava, Principal of ABS Properties had the vision and trust in the potential of the neighborhood way before the foundation of development was laid. He invested in the properties of the area with belief of massive growth of real estate development in the neighborhood. The seeds of Hollywood’s renaissance as a livable neighborhood were sown more than a decade ago, when the opening of the Metro Red Line shortened the commute between Downtown and the Valley. The development of Hollywood & Highland Center, The Walt Disney Company’s restoration of the El Capitan Theatre, and the revitalization of the Hollywood Roosevelt hotel increased the district’s appeal. READ MORE