What's more important .. Is what they do with the sites that are currently the "Millionaire" building, and the Hollywood & Dine.
I'm fairly confident whatever those sites ultimately become .. will be something to put the "V" and "D" into Variety and Diversity for Hollywoodland.
Well .. just because - That's what it is ... Does not mean you just go for an ALL-Theatre district for a theme park. But as I say .. with the two above buildings ... my hunch .. they'll plan something a bit different.But as others also said, thats part of L.A./Hollywood.