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A two-tower residential development, due to replace a parking lot, has been approved by Los Angeles' City Council. The proposed buildings will stand next to the Hollywood Palladium at 6215 Sunset Boulevard, a 4,000-seat theatre which has been hosting big-name performers since 1940. As part of the project, developer Crescent Heights is embarking on a restoration and rehabilitation program to enhance the theatre's defining attributes.
 
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