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The now derelict lot at the corner of Hollywood Boulevard and Serrano Avenue was once the site of the illustrious Hollywood Professional School, whose alumni reads like a Hollywood Who's Who of household "names". Many of these former child stars attended a "farewell" party at the commemorative sealing of a time capsule buried on the lot.

The Hollywood Walk of Fame was created in 1958 as a tribute to artists and other significant contributors within the entertainment industry. Official groundbreaking occurred on February 8, 1960, and the first star to be permanently installed was that of director Stanley Kramer (not Joanne Woodward, as commonly related).[45][46] A detailed history of the Walk can be found in the Walk of Fame main article. Honorees receive a star based on their achievements in motion pictures, live theatre, radio, television, and/or music, as well as their charitable and civic contributions.fugiat nulla pariatur.