When the Oscar’s come around I always think about how different that area used to be when I lived there. The Kodak Theater is the site of the Oscar Awards and has been for 10 or so years. A visit back there 3 years ago was surprising for me because the only thing I remembered was the Chinese Theater (the core of which is largely the same).
It’s become a hoary cliché that New York tears itself down continually, disrespectful of its past (i.e. Penn Station), but this 2-block segment in Hollywood did the same thing; in this case maybe it was a good idea.