SkyTag Offers $12.5 Million to Save the Peak
Protecting the Hollywood Sign backdrop from real estate development.
LOS ANGELES, March 11 /PRNewswire/ -- 138 acres surrounding the Hollywood Sign are for sale for $12.5 million. Purchasing the Cahuenga Peak will prevent development from destroying one of L.A.'s most amazing views of the Hollywood Sign. SkyTag's offer will give the City of Los Angeles the funds needed to protect the beautiful natural landscape of the Peak and add valuable land to Griffith Park for the public to experience.
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On Feburary 16, 2010 the world-famous Hollywood Sign was covered with over a 400' supergraphic Save the Peak in an effort to raise awareness and money to secure the land around the Hollywood Sign. About $1 million was raised from this supergraphic installation.
SkyTag, the innovator of large scale Supermurals, will donate $12.5 million from the revenue generated by SkyTag Supermurals that will be entitled by the City of Los Angeles should this offer be accepted. The creative Supermurals in Hollywood have brought energy and visual excitement to the reborn entertainment capital of the world and now, under this offer, will bring $12.5 million in revenue to preserve its world-class iconic image ... the Hollywood Sign.
Contact: [email protected]
SOURCE SkyTag
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