What concerns me is that these closings will be used as a pretext to sell off the land to developers. The land where Will Rogers SHP is located is above Sunset Blvd. and worth a fortune. I am sure developers would love to get their hands on it and turn it into another Bel Air.

No doubt, once the park is closed, that will be the next step unless there is something in the dedication documents that prevent it from happening. The park land was given to the state by Rogers' family, which may prevent such an event, if they had enough foresight to include a no sale provision, but I don't know that.
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Don't get me started, you know how I get.