CP NEWS: LA Nightlife Boom in Danger?

[ddm-news]

It's been a good run for LA. With surging hotspots like Mood and LAX, Hollywood nightlife has never been stronger.

But as the Los Angeles Business Journal reports, and as LA.com made readable, at least a few storm clouds loom.

_________________________

From LA.com:

Could the Hollywood nightlife boom soon bust? Captain Ron Sanchez has cracked down on club owners and yesterday TMZ.com ran a video exposé on underage drinking at several establishments. There's even tension among venue owners.

In an article published by the Los Angeles Business Journal [sub. req'd], club owners express their frustration with SBE Entertainment Group, which they dub the "Wal-Mart of nightclub operators," and owner Sam Nazarian, who wants to open Shelter II—a three-story restaurant/club/community art center on Hollywood Boulevard—that would cost $10 million to build.

Chris Breed, who pioneered the Hollywood revival when he opened White Lotus on Cahuenga Boulevard a few years ago, told the Journal that Hollywood's already saturated with clubs and that "Sam has come in too late." Breed and others worry Shelter II will put smaller clubs out of business, and that SBE's purchase of a nearby parking lot, currently being used by other venues, would create even more tension between owners.

Read the rest of the article after the jump.

Link To Original Article