The station is located in Hollywood at the intersection between two major roads, Hollywood Boulevard and Highland Avenue. Hollywood/Highland is beneath the shopping center of the same name and the Dolby Theatre. Due to terrorism concerns, the station is closed on the day of the Academy Awards starting with the 74th Academy Awards on March 24, 2002 and the one day station closure has remained in effect every year ever since expect for the 93rd Academy Awards in 2021 in which that year's ceremony will be held at Los Angeles Union Station in Downtown Los Angeles in response to the COVID-19 pandemic.