Halo Collective Inc (HCANF)

[Scumbag Fraudsters]

This is interesting and alarming.

A hotel was slated to be built on the location now occupied by Budega, and construction was expected to begin this year. Since Budega's permits were recently issued, I assume the project was shelved. But other developers may be eying that location and even with a lease Halo may opt to sell that store at a premium.

I've been studying maps and the Budega location is a prime development spot. As far as you can see down that side of the road are newer hi-rises. And then you have the building at 5041 Lankershim that is Budega (behind the white truck - image shot before Budega was built).



The other side of the street is run-down and in need of development - everything seems to be getting built on the west side thus far.

This is how Budega looks now. What a horrific sight! (love the STD sign on the bench ). What demented mind devised that artwork? I'll bet the locals are praying for a new hotel to raze that monstrosity!

November 24, 2020

A hotel could rise on Lankershim Boulevard in North Hollywood.

Agoura Hills–based developer Napa Industries filed plans late last week for the 171-room project, according to Urbanize. It is slated for 5041-5057 North Lankershim Boulevard at the corner of Hesby Street.

https://trd.media/la/8ecUXz

August 26, 2021

Once approved, the hotel development will occur over a roughly two-year period starting in 2022 and concluding in 2024. The project site is located at the northwest corner of Lankershim Boulevard and Hesby Street.

https://layimby.com/?p=3707