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Retail Complex Set for TV Studios

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Times Staff Writer

The shuttered KWHY television studios in Hollywood have been purchased by a Los Angeles developer who plans to turn them into stores and possibly apartments.

Champion Development Group bought the blighted five-building campus at the northeast corner of Sunset Boulevard and St. Andrews Place for $2.4 million and plans to spend an additional $5 million in upgrades.

The property last served as the production and office facilities for Spanish-language TV station KWHY Channel 22, which was acquired by Telemundo Communications Group in June 2001. Telemundo merged KWHY with its other Southern California TV station, Glendale-based KVEA 52, leaving the Hollywood property vacant.

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The buildings were erected in the 1920s and 1930s, said Robert Champion, principal of Champion Development. The former KWHY sound stages started as garages and have high wood-trussed ceilings that are often considered desirable by tenants.

Champion said he plans to rent the space to retailers that would appeal to nearby residents, such as a drugstore or a furniture store that would attract shoppers from the Home Depot across the street. Apartments may be added to the 18,600-square-foot property’s second level, he said.

“We definitely see Hollywood reemerging and thought this property would make a great opportunity to do retail or retail with a residential component,” Champion said.

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