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Developer Rick Caruso of Caruso Affiliated is no longer pursuing a deal with Santa Anita Park owners MI Developments to develop an outdoor mall in the race track's parking lot. The project was known as The Shops at Santa Anita. Caruso said, "We're not pursuing it, because of the (Magna Entertainment Corp.) bankruptcy...and everything else." Arcadia city councilman Mickey Segal said it's a loss of "a projected $2.5 million to $3 million of revenue (each year) to the city" in sales and property tax.

https://arcadiahistory.andornot.com/en/permalink/newspaper32406
Newspaper
Pasadena Star News
Date
May 21, 2011
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
May 21, 2011
Pages
p. A1, A6
Subjects
Caruso Affiliated
Caruso, Rick
Malls
MI Developments
Santa Anita Park race track parking lot
Shops at Santa Anita
Item ID
32604AN
Collection
Newspaper Index
Less detail

Developer Rick Caruso and officials of Santa Anita Park met to discuss reviving The Shops at Santa Anita, a proposed upscale retail mall project. MI Developments (MID) had cancelled a 2005 contract with Caruso Affiliated to build the mall after bankruptcy restructuring at Santa Anita Park. Both parties hope to move forward with the mall.

https://arcadiahistory.andornot.com/en/permalink/newspaper32077
Newspaper
Pasadena Star News
Date
May 29, 2010
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
May 29, 2010
Pages
p. A1
Subjects
Bankruptcy
Caruso Affiliated
Caruso, Rick
MI Developments (MID)
Santa Anita Park--2001-2010--development
Shopping malls
Shops at Santa Anita
Item ID
32274AN
Collection
Newspaper Index
Less detail

In a strongly worded letter to Canadian mogul Frank Stronach, Arcadia city officials urged Santa Anita Park's owner to work with developer Rick Caruso and finish the proposed upscale Shops at Santa Anita mall project that has been in the works for the last five years. Stronach's MI Developments (MID) voided its contract with Caruso following bankruptcy restructuring at Santa Anita Park. In a further flexing of city muscle, the letter stated that it "looks forward to working with the race track in future projects that require City approval."

https://arcadiahistory.andornot.com/en/permalink/newspaper32069
Newspaper
Pasadena Star News
Date
May 19, 2010
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
May 19, 2010
Pages
p. A4
Subjects
Bankruptcy
Caruso Affiliated
Caruso, Rick
MI Developments (MID)
Santa Anita Park--2001-2010--development
Shopping malls
Shops at Santa Anita
Stronach, Frank
Item ID
32266AN
Collection
Newspaper Index
Less detail

Westfield Santa Anita mall, Santa Anita Park race track, and other businesses cope with power outages and wind damage. Westfield Santa Anita mall was unable to open due to a widespread power outage although power was restored to the center's east end by 4:30 PM yesterday. Santa Anita Park was closed yesterday due to a power outage. The race track also sustained wind-related damage to the roof in its stable area and also had several uprooted trees. Huge, old trees were blown down in Arcadia.

https://arcadiahistory.andornot.com/en/permalink/newspaper32660
Newspaper
Pasadena Star News
Date
December 2, 2011
Pages
p. A19
More detail
Newspaper
Pasadena Star News
Date
December 2, 2011
Pages
p. A19
Subjects
Disasters
Santa Anita Park race track
Weather
Westfield Santa Anita mall
Wind and windstorms
Item ID
32857AN
Collection
Newspaper Index
Less detail

Canadian billionaire Frank Stronach, who is about to become the sole owner of Santa Anita Park, said he hasn't ruled out talking to developer Rick Caruso about reviving a project to build an outdoor mall in the race track's parking lot. Last week Caruso announced that he is no longer pursuing a development deal with Santa Anita Park's outgoing owner, MI Developments, Inc. (MID), for the upscale Shops at Santa Anita. Stronach is the outgoing chairman of MID.

https://arcadiahistory.andornot.com/en/permalink/newspaper32415
Newspaper
Pasadena Star News
Date
May 28, 2011
Pages
p. A1, A8
More detail
Newspaper
Pasadena Star News
Date
May 28, 2011
Pages
p. A1, A8
Subjects
Caruso, Rick
Malls
Santa Anita Park -- parking lot
Shops at Santa Anita
Stronach, Frank
Item ID
32613AN
Collection
Newspaper Index
Less detail

Arcadia officials will meet with Santa Anita Park's majority owner Frank Stronach, to talk about the mall project that fell through with Caruso Affiliated, and to see if Stronach still envisions a high end retail project to develop on the track parking lot.

https://arcadiahistory.andornot.com/en/permalink/newspaper32419
Newspaper
Pasadena Star News
Date
June 16, 2011
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
June 16, 2011
Pages
p. A3
Subjects
Caruso Affiliated
Malls
Santa Anita Park -- parking lot
Shops at Santa Anita
Stronach, Frank
Item ID
32618AN
Collection
Newspaper Index
Less detail

Arcadia City Council gives Westfield Santa Anita mall the okay to host dance studios, car washes, auto detailers, and chair massages, in an effort to attract new tenants and customers. Council members also indicated that they support the concept of a medical office building on Santa Anita Park property.

https://arcadiahistory.andornot.com/en/permalink/newspaper33242
Newspaper
Pasadena Star News
Date
October 5, 2012
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
October 5, 2012
Pages
p. A3
Subjects
Arcadia City Council
Westfield Santa Anita mall
Item ID
33439AN
Collection
Newspaper Index
Less detail

Windstorm damage closes Arcadia schools, Westfield Santa Anita mall, and Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper32659
Newspaper
Pasadena Star News
Date
December 2, 2011
Pages
p. A5
More detail
Newspaper
Pasadena Star News
Date
December 2, 2011
Pages
p. A5
Subjects
Arcadia Schools
Disasters
Santa Anita Park race track
Weather
Westfield Santa Anita mall
Wind and windstorms
Item ID
32856AN
Collection
Newspaper Index
Less detail

Frank Stronach, chairman of MI Developments, the owner of Santa Anita Park, says he is optimistic his company can work out a new deal with developer Rick Caruso to build an outdoor mall at Santa Anita Park, even though he voided a 2005 joint-venture agreement with Caruso in April to build the Shops at Santa Anita mall in the race track's parking lot.

https://arcadiahistory.andornot.com/en/permalink/newspaper32102
Newspaper
Pasadena Star News
Date
June 24, 2010
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
June 24, 2010
Pages
p. A1, A4
Subjects
Caruso, Rick
MI Developments
Santa Anita Park--2001-2010
Shops at Santa Anita
Stronach, Frank
Item ID
32299AN
Collection
Newspaper Index
Less detail

Santa Anita Park's ownership changed hands on April 30 after Frank Stronach's Magna Entertainment Corp. (MEC) transferred many of its assets to Stronach's MI Developments (MID) (one of MEC's creditors), as part of a bankruptcy restructuring plan. Last week MI Developments, a real estate operating company, canceled its 2005 agreement with Caruso Affiliated to develop to the proposed mall known as The Shops at Santa Anita, but this week MI Developments hopes to work out a deal with developer Rick Caruso to build an upscale retail project in the track's parking lot.

https://arcadiahistory.andornot.com/en/permalink/newspaper32030
Newspaper
Pasadena Star News
Date
May 4, 2010
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
May 4, 2010
Pages
p. A1
Subjects
Bankruptcy
Caruso Affiliated
Caruso, Rick
Magna Entertainment Corp. (MEC)
MI Developments (MID)
Santa Anita Park--2001-2010--development
Shopping malls
Shops at Santa Anita
Stronach, Frank
Item ID
32227AN
Collection
Newspaper Index
Less detail

Magna Entertainment Corp., owner of Santa Anita Park race track, which is in bankruptcy reorganization hearings, filed a plan that would cancel its 2005 agreement with Rick Caruso to develop the 830,000 square feet Shops at Santa Anita on the race track's south parking lot. Caruso filed an objection to the move in bankruptcy court, citing "substantial economic harm" to Santa Anita Associates, LLC, the legal entity that was going to develop the project. Santa Anita LLC has so far invested over $25 million to the project's development. Caruso is committed to developing the project in Arcadia. If the contract is indeed terminated between the parties, Magna would have to start from scratch with new plans, new environmental impact reports, and new hearings to propose another development.

https://arcadiahistory.andornot.com/en/permalink/newspaper31978
Newspaper
Pasadena Star News
Date
April 22, 2010
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
April 22, 2010
Pages
p. A1
Subjects
Caruso, Rick
Magna Entertainment Corp.
Santa Anita Associates, LLC
Santa Anita Park--2001-2010--development
Shopping malls
Shops at Santa Anita
Item ID
32175AN
Collection
Newspaper Index
Less detail

Last year it seemed Santa Anita Park might be sold in a bankruptcy auction, but it appears owner Frank Stronach will keep an interest in the track. Under a deal arranged by Stronach's bankrupt Magna Entertainment Corp. (MEC) and its creditors in a Delaware bankruptcy court, ownership of the track would be transferred to MI Development, a real estate holding company controlled by Stronach. If a judge accepts the plan, Stronach would also retain ownership of Golden Gate Fields in the Bay Area, and Gulfstream Park in Florida. Also, it sets up developer Rick Caruso to proceed with building the Shops at Santa Anita mall that is proposed for the track's parking lot.

https://arcadiahistory.andornot.com/en/permalink/newspaper31899
Newspaper
Pasadena Star News
Date
February 13, 2010
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
February 13, 2010
Pages
p. A1
Subjects
Bankruptcy
Caruso, Rick
Magna Entertainment Corp. (MEC)
Santa Anita Park - 2001-2010
Shops at Santa Anita
Stronach, Frank
Item ID
32096AN
Collection
Newspaper Index
Less detail

Developer Rick Caruso said he is in the process of finalizing a new deal with Santa Anita Park's owners to build an outdoor mall at the race track's south parking lot. MI Developments (MID) (owner of track), voided a 2005 joint-venture development agreement with Caruso Affiliated in April 2010 for the proposed 825,000 square feet The Shops at Santa Anita, as part of MID's bankruptcy reorganization. MID and Caruso have been renegotiating since, and the development will be similar with some minor variations.

https://arcadiahistory.andornot.com/en/permalink/newspaper32278
Newspaper
Pasadena Star News
Date
January 4, 2011
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
January 4, 2011
Pages
p. A1, A4
Subjects
Caruso Affiliated
Caruso, Rick
MI Developments (MID)
Santa Anita Park--2011-2020
Shopping malls
Item ID
32477AN
Collection
Newspaper Index
Less detail

Westfield Santa Anita mall is paving the way for new eateries to join its open-air Promenade. The mall has requested the city to allow an increase in restaurant space permitted there from 10,000 to 30,000 square feet.

https://arcadiahistory.andornot.com/en/permalink/newspaper32506
Newspaper
Pasadena Star News
Date
August 25, 2011
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
August 25, 2011
Pages
p. A1
Subjects
Malls
Restaurants, bars, etc.
Westfield Santa Anita Shoppingtown--2011-2020
Item ID
32705AN
Collection
Newspaper Index
Less detail

Santa Anita Park owner Frank Stronach is coming to town this weekend to meet with local horsemen to talk about the state of the sport. He'll also meet with an engineer to discuss the pros and cons of a proposed new racing surface consisting of dirt, sand, and a small amount of fiber. He says it is a very safe surface. The question remains, who will foot the bill for it, since Stronach's Magna Entertainment Corporation (MEC) filed for Chapter 11 bankruptcy last year.

https://arcadiahistory.andornot.com/en/permalink/newspaper31914
Newspaper
Pasadena Star News
Date
February 26, 2010
Pages
p. C1
More detail
Newspaper
Pasadena Star News
Date
February 26, 2010
Pages
p. C1
Subjects
Horses and horse racing
Magna Entertainment Corporation (MEC)
Race track surfaces
Santa Anita Park - 2001-2010
Stronach, Frank
Synthetic tracks
Item ID
32111AN
Collection
Newspaper Index
Less detail

Faithful fans, such as Antonio Reyes, are missing the presence of Oak Tree Racing at Santa Anita Park this year. He says he will watch on television and bet off-track. Oak Tree is running at Hollywood Park in Inglewood starting today and next year too.

https://arcadiahistory.andornot.com/en/permalink/newspaper32189
Newspaper
Pasadena Star News
Date
September 30, 2010
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
September 30, 2010
Pages
p. A1, A4
Subjects
Hollywood Park Race Track
Horses and horse racing
Oak Tree racing
Santa Anita Park-2001-2010
Item ID
32388AN
Collection
Newspaper Index
Less detail

Oak Tree Racing leaves Santa Anita Park after 41 years and races at Hollywood Park for its 42nd season, starting today. It is a 22-day season that consists of four 4-day race weeks. Oak Tree's lease at Santa Anita Park was voided by MI Developments.

https://arcadiahistory.andornot.com/en/permalink/newspaper32190
Newspaper
Pasadena Star News
Date
September 30, 2010
Pages
p. C1, C6
More detail
Newspaper
Pasadena Star News
Date
September 30, 2010
Pages
p. C1, C6
Subjects
Hollywood Park Race Track
Horses and horse racing
Oak Tree racing
Santa Anita Park-2001-2010
Item ID
32389AN
Collection
Newspaper Index
Less detail

The 73rd edition of the Santa Anita Handicap, known as the "Big 'Cap", is scheduled to be run tomorrow, weather and track condition permitting.

https://arcadiahistory.andornot.com/en/permalink/newspaper31920
Newspaper
Pasadena Star News
Date
March 5, 2010
Pages
p. C1
More detail
Newspaper
Pasadena Star News
Date
March 5, 2010
Pages
p. C1
Subjects
Horses and horse racing
Santa Anita Park - 2001-2010 - Santa Anita Handicap - Big 'Cap
Item ID
32117AN
Collection
Newspaper Index
Less detail

Santa Anita Park's current Pro-Ride synthetic track surface will be replaced with a dirt track after the Oak Tree meet ends October 31 and before Santa Anita Park's winter-spring season starts December 26, 2010. Frank Stronach said it will cost about $6 million to install.

https://arcadiahistory.andornot.com/en/permalink/newspaper32142
Newspaper
Pasadena Star News
Date
August 19, 2010
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
August 19, 2010
Pages
p. A1, A4
Subjects
Horses and horse racing
Santa Anita Park-2001-2010
Stronach, Frank
Synthetic track
Item ID
32339AN
Collection
Newspaper Index
Less detail

If Oak Tree is not held at Santa Anita Park this fall, as it has for the last 41 years, it would be a significant hit to the city of Arcadia and the region, city officials said. Last year, the city of Arcadia made $185,000 from the Oak Tree meet's betting handle. In addition, the city would suffer the loss of tens of thousands of dollars in sales tax and hotel bed tax revenue. The California Horse Racing Board (CHRB) denied Oak Tree Racing Association's request to run its five-week fall meet at Santa Anita Park after horse owners, trainers, and a racetrack expert expressed concerns about the synthetic surface. Oak Tree officials say they are moving forward to make arrangements to run the meet at Hollywood Park.

https://arcadiahistory.andornot.com/en/permalink/newspaper32146
Newspaper
Pasadena Star News
Date
August 23, 2010
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
August 23, 2010
Pages
p. A1, A4
Subjects
Horses and horse racing
Oak Tree Racing Association
Santa Anita Park-2001-2010
Synthetic track
Item ID
32343AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.