Panorama Place project questioned

A massive $200 million mixed-use project, stocked with glass-enclosed elevators and giant outdoor LED billboards, could revitalize a long-blighted area of Panorama City under a proposal by two controversial developers.Connie Llanos in the Daily News.

The Panorama Place project would replace the long-shuttered Montgomery Ward building with a three-story, 452,000-square-foot mall and 500 condos on an 8.7-acre lot next to the Panorama Mall.

The project's lead developer is Mark Siffin, a 58-year-old businessman from Indiana whose record includes a failure to finish a previous big project in the Los Angeles area and a conviction for drug dealing in his 20s.