Complex sentence: The Capitol Records Building on Vine Street, just north of Hollywood Boulevard, was built in 1956, and the Hollywood Walk of Fame was created in 1958 as a tribute to artists and other significant contributors toi the entertainment industry.
Split into simpler sentences: The Capitol Records Building on Vine Street, just north of Hollywood Boulevard, was built in 1956. The Hollywood Walk of Fame was created in 1958 as a tribute to artists and other significant contributors toi the entertainment industry.