The NoHo Arts District is a community in North Hollywood, Los Angeles, California, that is home to contemporary theaters, art galleries, cafes, and shops. The community is generally bounded by Hatteras Street to the north, Cahuenga Blvd to the east, Tujunga Ave to the west, and Camarillo Street to the south. The area features more than twenty professional theaters, producing new work and classics, diverse art galleries, public art, and professional dance studios. The district also features the largest concentration of music recording venues west of the Mississippi. A Metro Rail station is located here, the North Hollywood station of the Red Line, and serves as the terminus of the Metro Orange Line busway. Business and theater owners in the Universal City/North Hollywood Chamber of Commerce established a theater and arts district in 1992 with support from the Los AngelesDepartment of Cultural Affairs. They chose "NoHo", a play off the well-known SoHo Arts District neighborhood of New York City. Today, The NoHo Arts District, in conjunction with greater North Hollywood, is being transformed into a regional center, in large part as a result of the construction of Metro Stations for the Red Line and the Orange Line, two lines that have made the neighborhood into a regional hub for the San Fernando Valley. Medium- and high-density developments are being built around the Metro Station, making the Arts District a center of citywide development, with the intent of creating a walkable urban village. North Hollywood's landscape has been transformed in recent years, with condominium towers and the redesigned Historical El Portal. They add to the existing 31 theaters located in and around the NoHo Arts District. NoHo Commons, developed by J.H. Snyder Company, is located near the NoHo Arts District's commercial core and subway station. The $100-million, 292-unit loft apartment project by Snyder was the first segment to be completed of NoHo Commons, part of a "transit village" taking form at the terminus of the Metro Red Line subway and the Orange Line busway. The NoHo Commons construction and development consisted of three phases, completing with the construction of a Laemmle Theatre. Phase III also consisted of the construction of an eight-story office on the corner of Lankershim and Weddington in 2009. The building's primary tenant is currently the Art Institute of California-Hollywood. NoHo 14, a 180-unit, fourteen-story apartment building, was built in 2004 as one of the first large-scale developments in the neighborhood. The historic North Hollywood train depot at Lankershim and Chandler Boulevards was restored in 2014 for $3.6 million. It is a Southern Pacific Railroad standard design, a One Story Combination Depot No. 15 or 21. The train depot, dating to 1896, sits on land owned by the Los Angeles County Metropolitan Transportation Authority, across from the Metro Red Line subway station and next to the terminus of the Orange Line bus line. Currently the NoHo Arts District, in conjunction with the Community Redevelopment Agency-Los Angeles, is working on beautification efforts to make the area more appealing to businesses. The current focus is primarily on revamping store fronts on Lankershim Blvd and Magnolia Blvd with Burbank Blvd to follow. In the future, North Hollywood plans a $1 billion mixed-use development at Lankershim and Chandler, surrounding the Metro Red and Orange line terminals. The project would re-develop with of commercial space and nearly 1500 residential units in three high-rise towers. The project was awarded to Trammell Crow Company and High Street Residential by the Los Angeles Metro board.