In March 2021, Hackman Capital Partners announced plans to reinvest and build new stages and offices throughout the 25-acre property. In June 2018, it was designated a Historic-Cultural Monument (HCM).
John Nese, owner of Galco's Soda Pop in Highland Park.
The Los Angeles City Council approved the Millennium Hollywood Project in 2013, which will retain the iconic Capitol Records Tower. A new environmental impact report was released in April, 2020 for the Hollywood Center Project.