Update Link: Just saw this in USA Today about the Face Lift starting to happen in Hollywood. I like places that have character, so I hope the luxury condos and high end shops don't totally take over. Most American towns have too much of that already.
While I was in Hollywood, I spent sometime at the Mann Chinese Theatre. This is the theatre Sid Grauman started as 'Grauman's Chinese Theatre' and in 1928 premiered Charlie Chaplin's film 'The Circus'.
Sid first met Chaplin in San Francisco. Sid and his father owned 'The Empress Theatre', when Chaplin was performing with Karno during his America Tour. Sid was a huge fan of Chaplin's and became a longtime friend.
A tradition started at the Grauman's Chinese of stars placing their hand and feet in cement and signing it. Many stars of Chaplin's era are there, but not Chaplin's. Sadly, it was removed because people defaced it because of a few people believing Charlie was communist. (checkout this BBC link for Geraldine's words on Chaplin)
Now the story is that Chaplin's original cement piece is no longer in Hollywood, but the Jim Henson Studio, who owns Chaplin's studio, plan to have a copy placed in Chaplin's old studio.
Here is the Brief Glimpse of one of Sid's 'The Circus' ad...