Sid Graumann opened The Egyptian Theatre first in 1922, followed by The El Capitan Theatre and The Chinese Theatre a few years later. All three have thankfully been restored and show films daily.
Again, our current-day Hollywood is freeway close and doesn't need to have dinkier replicas in neighboring O.C.
Nor do I see a need to transplant a Florida attraction that showcases other studios' famous catalog titles. There are wax museums for that here and an ultimate Hollywood filmland tribute coming, hopefully soon, in the Academy's museum in the Miracle Mile whose collection no one could hope to compete with.