The studio, now owned by innovation-focused AT&T, informed Los Angeles officials on Monday that it will pay the estimated $100 million for the so-called Hollywood Skyway.
Warner Bros. has a bold vision for an aerial tramway to carry visitors to and from its Burbank lot to the Hollywood indication. Like a plan that Musk has for a modern hyperloop that would shuttle bus riders between Los Angeles and San Francisco, the Warners’ tramway would relieve traffic and parking issues that pester the famed landmark.The studio, now owned by innovation-focused AT&T, told Los Angeles officials on&Monday that it will pay the approximated $100 million for the so-called Hollywood Skyway. “The Hollywood indication is an important historic and internationally recognized landmark for the city of Los Angeles. The sign’s popularity, however, has developed unintended negative effects such as rush hour in nearby suburbs and associated security issues,”a Warners representative stated in a declaration.” The principle of an aerial tram as an option is one that been recommended in the past and was most just recently highlighted as a possible service in the comprehensive strategies report by Dixon Resources Unlimited.Warners chose to step up given its close proximity to the north side of the Hollywood sign and wished to belong to a service that has the least effect possible on the environment so that Griffith Park and the surrounding residential areas are left mainly undisrupted.”We understand there are a variety of possible options being considered, but we are positive the city’s expediency study will show
our proposition to be the finest option– an alternative that can be built and operated at no cost to the taxpayer and that will provide public advantage to the city of Los Angeles and its citizens,” the representative added.The length of the route would be more than 1 mile and last roughly 6 minutes– a far cry from current driving price quotes even under the finest conditions– taking a trip up the back of Mt. Lee to a prepared visitors center near the sign.It is uncertain how Warners would carry out building and construction without affecting the environmentally vulnerable Griffith Park, house to mountain lions and the gray fox. The studio’s plan would need to pass inspection with ecological impact research studies and area companies. A source says the tramway would take about three years to be built.It’s not the very first time the economic sector proposed a transportation task connecting the Hollywood sign. In December, media magnate Barry Diller spearheaded a$25 million-$30million gondola task that would transport travelers from the Los Angeles Zoo to the sign, however it has actually been consulted with strong resistance.If the Warner Bros. plan is recognized, it would be a boon to Warners ‘own tourism business, with a particular boost to the studio’s day-to-day visitors for its numerous movie-and TV-related attractions.The Los Angeles Times Reported the tramway plan.