While most development in Hollywood has stayed close to Hollywood Boulevard and the three Red Line stations that serve the business district, one developer is taking his act further away with a proposed mixed-use development on Vine Street. The block where the project would occur was bought from the Academy of Motion Pictures Arts and Sciences when the latter opted to scrap plans to build a museum at the block. (AMPAS itself opted to use the former May Company Building on Wilshire and Fairfax, which is set to receive a Purple Line stop in the future, as the site of their museum.) The developer hopes that the project will provide space not only for more residents but for the new entertainment-related business sprouting within Hollywood.