In an attempt to raise awareness of a new plan which would completely alter the appearance of the famous hillside, the sign does not say "Hollywood." This temporary situation is under the supervision of The Trust for Public Land. They want to buy Cahuenga Peak in order to stop the developers from purchasing and subdividing the land to build mansions around the famous sign. This would change the entire hillside and residents are outraged at the prospect that the sign could soon sit between mansions.
Half of the 12.5 million dollars needed to purchase the peak has already been raised. The remainder needs to be raised by April 14, 2010.
If they are successful in raising the funds and purchasing the property, the land around the Hollywood Sign will remain untouched.
Developing empty spaces is not new. As a matter of fact, the Hollywood Sign was originally erected to mark a new residential community. Through the years there have been problems for this famous landmark, and now developers want to build homes near the site, something local residents feel would alter the entire feel of the hill and the landmark itself.
This is not the first time the sign has been covered over, however this is perhaps the most crucial draping of the letters. If the funds are not raised by April 14, 2010 the development of the hill will most likely materialize and the famous landmark will be swallowed up by mansions.
*** GOOD NEWS MONEY WAS RAISED TO SAVE THE HOLLYWOOD SIGN !!! YES !! ***
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