Agreement Reported Near on Park Status for Canyon
An agreement was reported near on Wednesday that would end the controversy over development in Studio City’s Fryman Canyon by turning the canyon into parkland.
In a separate development, the state attorney general’s office warned that it may sue the city for failing to secure half the canyon for park use four years ago.
City Councilman Mike Woo and the head of the Santa Monica Mountains Conservancy, a state park agency, said long-stalled talks with a luxury home developer to buy the canyon from him for a park are progressing favorably. Public agencies, led by the conservancy, are “very close” to an agreement to buy the entire 63-acre canyon, Woo said.
Purchase of the land would put an end to the developer’s plan to build houses there, which is intensely opposed by neighbors and environmentalists.
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