The Los Angeles Conservancy has filed an application requesting CBS Television City be awarded historic-cultural monument status just a few months after the network’s massive campus hit the market.
If granted, “any potential redevelopment and adaptive reuse of the campus in the future” would have to be approved by the city’s historic resources office, according to Adrien Scott Fine, the conservancy’s director of advocacy, Curbed reported.
While unconfirmed, CBS has been in discussions with brokerages as it seeks to sell the 25-acre property. It’s unclear whether the network would completely vacate the site if sold. The campus had caught the eye of at least two big-time developers when it first hit the market.
The sprawling property, located at the corner of Beverly Boulevard and Fairfax Avenue, has become an iconic venue through the decades, hosting shows like “The Price Is Right,” All in the Family,” “Dancing With The Stars” and the “Late Late Show with James Corden.”
CBS acquired the site in 1949 for $1.2 million. It could reach a sales price as high as $900 million this time around, experts say. [Curbed] — Natalie Hoberman