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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

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

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

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

Developer Rick Caruso, whose stalled $500 million, 820,000 square feet retail project "The Shops at Santa Anita," is planned for Santa Anita Park's south parking lot, said he has "no control" over possible bankruptcy at the race track's parent company, Magna Entertainment Corp. (MEC). Caruso said he was still planning to go ahead with his mall and would "wait and see what happens and deal with it." Any reorganization at Magna Entertainment Corp. may delay the mall plans.

https://arcadiahistory.andornot.com/en/permalink/newspaper31397
Newspaper
Pasadena Star News
Date
March 4, 2009
Pages
p. A1, A10
More detail
Newspaper
Pasadena Star News
Date
March 4, 2009
Pages
p. A1, A10
Subjects
Bankruptcy
Caruso, Rick
Developers
Land use
Magna Entertainment Corp. (MEC)
Malls
Santa Anita Park - 2001-2010
The Shops at Santa Anita
Item ID
31590AN
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

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

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

Developer Rick Caruso and his company are soliciting the Arcadia community's thoughts on his $400 million mall project slated for the parking lot of Santa Anita Park. A "scoping session" designed to solicit public views on what should be included in the environmental review will take place at City Council chambers at 7pm on April 7, 2005.

https://arcadiahistory.andornot.com/en/permalink/newspaper29465
Newspaper
Pasadena Star News
Date
April 6, 2005
Pages
p. A3
More detail
Newspaper
Pasadena Star News
Date
April 6, 2005
Pages
p. A3
Subjects
Santa Anita Park race track parking lot
Caruso, Rick
Developers
Malls
Item ID
29650AN
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

Rick Caruso writes to the editor in response to the article "Arcadia braces for possible mall wars at Santa Anita." He says it will not be a war but an integrated project that should benefit his property and Westfield Shoppingtown.

https://arcadiahistory.andornot.com/en/permalink/newspaper29499
Newspaper
Pasadena Star News
Date
April 20, 2005
Pages
p. A14
More detail
Newspaper
Pasadena Star News
Date
April 20, 2005
Pages
p. A14
Subjects
Santa Anita Park race track - parking lot - development
Caruso, Rick
Letters to the editor
Malls
Caruso Affiliated
Item ID
29683AN
Collection
Newspaper Index
Less detail

Rick Caruso faces off with Westfield Group's Kenneth Wong at a City Council meeting. Some 350 Arcadia residents came to hear about the proposed expansion of Westfield Shoppingtown and Caruso's outdoor lifestyle center.

https://arcadiahistory.andornot.com/en/permalink/newspaper29775
Newspaper
Pasadena Star News
Date
November 17, 2005
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
November 17, 2005
Pages
p. A1
Subjects
Caruso Affiliated
Santa Anita Park race track - parking lot
Shops at Santa Anita
Mall war
Developers
Westfield Group
Westfield Shoppingtown Santa Anita
Wong, Kenneth
Caruso, Rick
Item ID
29960AN
Collection
Newspaper Index
Less detail

Developer Rick Caruso's $400 million open-air mall at the Santa Anita Park race track may be stiff competition for retailers at Westfield Shoppingtown. City leaders hope the two malls can coexist.

https://arcadiahistory.andornot.com/en/permalink/newspaper29467
Newspaper
Pasadena Star News
Date
April 11, 2005
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
April 11, 2005
Pages
p. A1
Subjects
Westfield Santa Anita - 2001-2010
Business and Industry
Caruso, Rick
Malls
Item ID
29652AN
Collection
Newspaper Index
Less detail

Mall developer Rick Caruso has announced that he has removed 300 apartments from the proposed Shops at Santa Anita. Arcadians were concerned that the housing at the mall would contribute to overcrowding at Arcadia High School. Without the apartments, the project will be an open air mall instead of a mixed use development.

https://arcadiahistory.andornot.com/en/permalink/newspaper29865
Newspaper
Pasadena Star News
Date
January 17, 2006
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
January 17, 2006
Pages
p. A1, A6
Subjects
Caruso, Rick
Caruso Affiliated
Malls
Developers
Shops at Santa Anita
Item ID
30050AN
Collection
Newspaper Index
Less detail

Westfield, Santa Anita Shoppingtown, and Santa Anita Fashion Park, are the three plaintiffs in a lawsuit against the City of Arcadia, the City Council, and developer Rick Caruso, aimed at stopping the new mall The Shops at Santa Anita. Plaintiffs allege the environmental study done was flawed. Assistant City Manager Don Penman said the study was the most thorough one he had ever seen.

https://arcadiahistory.andornot.com/en/permalink/newspaper30546
Newspaper
Pasadena Star News
Date
May 18, 2007
Pages
p. Local 1
More detail
Newspaper
Pasadena Star News
Date
May 18, 2007
Pages
p. Local 1
Subjects
Caruso, Rick
Caruso Affiliated
Lawsuits
Malls
Mall war
Shops at Santa Anita
Westfield Shoppingtown Santa Anita
Item ID
30734AN
Collection
Newspaper Index
Less detail

A year-end review of 2005 includes a summary of the mall war between developer Rick Caruso and the Westfield Group.

https://arcadiahistory.andornot.com/en/permalink/newspaper29852
Newspaper
Pasadena Star News
Date
January 1, 2006
Pages
p. A3, A15
More detail
Newspaper
Pasadena Star News
Date
January 1, 2006
Pages
p. A3, A15
Subjects
Arcadia First!
Caruso, Rick
Developers
Mall war
Santa Anita Park race track parking lot
Shops at Santa Anita
Westfield Group
Item ID
30037AN
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

Residents voice concerns over the Santa Anita Park race track parking lot development of an outdoor mall to include retail, commercial and apartment space. Residents worry about how the quality of life in Arcadia will be affected. A draft of the environmental report should be ready by late June.

https://arcadiahistory.andornot.com/en/permalink/newspaper29466
Newspaper
Pasadena Star News
Date
April 8, 2005
Pages
p. A1
More detail
Newspaper
Pasadena Star News
Date
April 8, 2005
Pages
p. A1
Subjects
Santa Anita Park race track parking lot
Caruso, Rick
Developers
Malls
Item ID
29651AN
Collection
Newspaper Index
Less detail

Rick Caruso has agreed to pay for a revision of the environmental impact report for the Shops at Santa Anita, the proposed mall development on the parking lot of the Santa Anita Park race track. The original environmental impact report cost almost $1 million. The new revision will require new studies and new public meetings and could cost another 6-figure amount.

https://arcadiahistory.andornot.com/en/permalink/newspaper29946
Newspaper
Pasadena Star News
Date
March 8, 2006
Pages
p. A4
More detail
Newspaper
Pasadena Star News
Date
March 8, 2006
Pages
p. A4
Subjects
Caruso, Rick
Malls
Mall war
Shops at Santa Anita
Environmental impact reports (EIR)
Item ID
30132AN
Collection
Newspaper Index
Less detail

Arcadia City Council voted unanimously to give the final approval on Rick Caruso's The Shops at Santa Anita mall. The City Council also approved an expansion project for the Westfield mall with one condition.

https://arcadiahistory.andornot.com/en/permalink/newspaper30501
Newspaper
Pasadena Star News
Date
May 2, 2007
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
May 2, 2007
Pages
p. News 1
Subjects
Caruso Affiliated
City Council Meetings - 2001-2010
Developments
Malls
Mall war
Santa Anita Park race track - parking lot
The Shops at Santa Anita
Westfield Shoppingtown Santa Anita - expansion
Item ID
30688AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.