New Developer in Hollywood Project, Raoul Walsh Double Feature and Two Film Festivals

Good morning, Hollywood. Here is a roundup of news, tips and neighborhood happenings. 

Weather: It will be another cloudy morning, with a high of 69 and a low of 57, reports the National Weather Service. 

Garcetti's Angeleno Playlist: In case you missed it, Los Angeles City Council President Eric Garcetti transitioned into the role of guest DJ for KCRW on Wednesday. The full transcript of the show is available on KCRW's website. Garcetti related each song to his native city, with selections from Charles Mingus and Siouxsie and the Banshees. The councilman recalled getting his license as a teen and driving through a canyon: "...when you hit Mulholland and you can look over towards the Valley side or the city side, and see the city laid out like a bed of gems at night…to me is why I knew LA was going to remain my home my entire life."

New Developer in Hollywood Project: DLJ Real Estate Capital Partners has purchased a retail and residential project from the Clarett Group, the Los Angeles Times reports. Blvd 6200, which would sit next to the Pantages Theatre, would feature a 1 million square foot stretch of retail shops and apartment buildings. This is not to be confused with the  project that developers Millennium Partners and Argent Ventures are seeking approval to build next to the Capitol Records building.

LAPD Budget Cuts: The City Council approved a $6.9-billion budget last month that Mayor Antonio Villaraigosa signed June 2. The budget slashed $41 million from the police department and the city is working with the union that represents the police officers to fill that gap, reports City News Service. Chief Administrative Officer Miguel Santana wants the council to vote on a solution by Tuesday. Santana's preferred option is freezing the level of the city's medical subsidy for retired officers, which former police chief and now Councilman Bernard Parks said he would support. 

Events Tonight: 

• The Egyptian Theatre will host a Raoul Walsh double feature with High Sierra and The Roaring Twenties. Marilyn Ann Moss, who wrote a biography on the director, will introduce the films. Bonus: Bogart stars in both of them. 7:30 p.m. Tickets: $11. $7 for members and $9 for students and seniors. 
• The Friendly Fires will perform at The Music Box and Deftones will play at the Palladium. See our for all music events. 
• The Los Angeles Times 2011 Hero Complex Film Festival will screen Star Trek II: The Wrath of Khan and the 2009 Star Trek reboot at the Mann Chinese 6 Theatre at 6801 Hollywood Blvd. 
• The Los Angeles Greek Film Festival will screen a series of independent films at the Laemmle Theatre at 8000 W. Sunset Blvd. The first film starts at 5 p.m. See the full schedule here. 

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