It's not often that you can watch a genuine landmark being built. But if you hurry, you can still tell your grandkids that you watched the construction of a Hollywood landmark.

After many years of neglect, downtown Hollywood is being reborn, and the new Hollywood & Highland project will be the cornerstone of that renniasance.

A combination of unique shops, restaurants, live theatre, it should be finished in time for the next Oscar Night in March 2002. It is a massive, spectacular project that will occupy almost an entire city block in the heart of Hollywood. And prime territory it is, just across the street from the rejuvenated El Capitan Theatre, cattycornered to the historic Hollywood Roosevelt Hotel and actually surrounds the legendary Grauman's Chinese Theatre. It will house the permanent home for the annual Academy Awards show (appropriate enough, since the very first Oscar night was held at the Roosevelt.)

The project will cost a whopping $600 million dollars. To put that in perspective, the massive Mall of America, the largest enclosed mall in the world, cost roughly the same to build. Disneyland's new theme park, California Adventure, cost just twice as much. We're talking big bucks here folks.

And the company behind it, Trizec-Hawn, have history for success, including the Horton Plaza in San Diego.

Getting there: The name tells the address. The project is located on the northwest corned of Hollywood Blvd and Highland Avenue in the heart of Hollywood. It is right across the street from the El Capitan Theatre and immediately east of Grauman's Chinese Theatre.