[IMGCAP(2)]At the same time Snyder is getting under way with itsproject, North Hollywood-based developer DT Group is converting theNoHo Lofts at 5355 Cartwright Ave. in the NoHo Arts District into68 office condos. Dan Markel, president of DT Group, explains thatthe project, which was built in 2006, "is not only ideally designedto function as a live/work project but, equally important, in thischaotic financial climate, it provides an ideal economic solutionfor start-up or small businesses."

Snyder Co. and Laemmle Theatres broke ground Monday on theirproject, which will be situated on nearly three acres at the cornerof Lankershim and Weddington. This latest component of NorthHollywood's revitalization is part of a joint deal between the J.H.Snyder Co. and the Community Redevelopment Agency of the City ofLos Angeles to construct a transit-oriented development near theNorth Hollywood station. The project site is part of the 743-acre,North Hollywood Redevelopment District

This latest phase will restore a historic San Fernando Valleydiner, notes Jerry Snyder, senior partner at J.H. Snyder Co. The1920s era Phil's Diner, designed in a railroad car style by CharlesAmend and with a distinctive neon sign overhead, previously servedgenerations in the San Fernando Valley from a spot on ChandlerBoulevard. The diner will be relocated within the project and thediner's missing, original sign will be recreated.