Q&A: David Simon isn’t a starry-eyed dreamer, but he’s all in on Hollywood
LA TimesAt a time when many builders have pulled back, BARDAS Investment Group founder David Simon, shown in his West Hollywood office, has 10 projects underway in Hollywood alone. David Simon is so bullish on Hollywood he’s building a new movie studio there from the ground up and renovating another one that dates to the days of silent films. They’re the largest of 10 projects the real estate developer has going in Hollywood at a time when many other Los Angeles builders have paused work in the face of high interest rates and construction costs that make it harder to build profitably. Through his company BARDAS Investment Group, Simon recently launched construction of Echelon Studios, a $450-million complex on Santa Monica Boulevard west of the 101 Freeway on a site formerly occupied by a Sears store.
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