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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

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

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

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 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

A full page color advertisement solicits Arcadia residents' reviews on the new mall to be built by Caruso Affiliated on the Santa Anita Park race track parking lot. The mall will be called The Shops at Santa Anita.

https://arcadiahistory.andornot.com/en/permalink/newspaper29735
Newspaper
Pasadena Star News
Date
October 13, 2005
Pages
p. A14
More detail
Newspaper
Pasadena Star News
Date
October 13, 2005
Pages
p. A14
Subjects
Caruso Affiliated
Advertisements
Santa Anita Park race track parking lot
Shops at Santa Anita
Item ID
29920AN
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

Frank Stronach, new owner of Santa Anita Park race track, explained his plans for renovations at the track which include a restaurant and skyboxes.

https://arcadiahistory.andornot.com/en/permalink/newspaper26942
Newspaper
Arcadia Weekly
Date
April 22, 1999
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
April 22, 1999
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Stronach, Frank
Renovations
Item ID
27141AN
Collection
Newspaper Index
Less detail

After a 13-hour meeting, Arcadia City Council voted unanimously to approve the outdoor mall to be built on the Santa Anita Park race track parking lot, a development known as The Shops at Santa Anita. Opponents may push a referendum and possibly file lawsuits to block the project.

https://arcadiahistory.andornot.com/en/permalink/newspaper30472
Newspaper
Pasadena Star News
Date
April 18, 2007
Pages
p. News 1
More detail
Newspaper
Pasadena Star News
Date
April 18, 2007
Pages
p. News 1
Subjects
Caruso Affiliated
City Council Meetings - 2001-2010
Developments
Malls
Santa Anita Park - parking lot
The Shops at Santa Anita
Item ID
30659AN
Collection
Newspaper Index
Less detail

Santa Anita Park race track sold to Frank Stronach, a Canadian billionaire businessman and horse owner. The property is valuable to the city for sales tax reasons.

https://arcadiahistory.andornot.com/en/permalink/newspaper26451
Newspaper
Arcadia Weekly
Date
November 19, 1998
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
November 19, 1998
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Stronach, Frank
Item ID
26676AN
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

Santa Anita Park Race Track owner Frank Stronach has met with city officials about Arcadia's concerns with the track expansion plan and future sessions will be held. The concerns centered around plans to build new barns on the north side of the property, the internal connections between the track and Westfield Shopping mall traffic and people, and architectural compatibility with the track.

https://arcadiahistory.andornot.com/en/permalink/newspaper33285
Newspaper
Arcadia Weekly
Date
January 11, 2001
Pages
p. 9
More detail
Newspaper
Arcadia Weekly
Date
January 11, 2001
Pages
p. 9
Subjects
Santa Anita Park--2001-2010--expansion
Stronach, Frank
Item ID
33482AN
Collection
Newspaper Index
Less detail

A full page advertisement authorized by Arcadia First! speaks out against Caruso Affiliated's plans to build a mall on the parking lot of Santa Anita Park race track.

https://arcadiahistory.andornot.com/en/permalink/newspaper29761
Newspaper
Pasadena Star News
Date
November 9, 2005
Pages
p. A16
More detail
Newspaper
Pasadena Star News
Date
November 9, 2005
Pages
p. A16
Subjects
Caruso Affiliated
Advertisements
Santa Anita Park race track - parking lot
Shops at Santa Anita
Arcadia First!
Organizations - coalitions
Mall war
Developers
Item ID
29948AN
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

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

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

Mayor Gary Kovacic and Mayor Pro Tem Mickey Segal will represent the City Council in future talks with Santa Anita Park owner Frank Stronach.

https://arcadiahistory.andornot.com/en/permalink/newspaper27766
Newspaper
Arcadia Weekly
Date
December 7, 2000
Pages
p. 1
More detail
Newspaper
Arcadia Weekly
Date
December 7, 2000
Pages
p. 1
Subjects
Santa Anita Park - 1991-2000
Mayors - Kovacic, Gary
Segal, Mickey
Stronach, Frank
Item ID
27963AN
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

Caruso and Westfield are still battling over the proposed Caruso lifestyle center. A decade ago the race track's south parking lot had been rezoned for commercial development. Rick Caruso feels his development will help Westfield while Westfield believes a new mall will cannibalize tenants and harm both companies and the city's sales tax revenues.

https://arcadiahistory.andornot.com/en/permalink/newspaper29793
Newspaper
Pasadena Star News
Date
November 27, 2005
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
November 27, 2005
Pages
p. A1, A6
Subjects
Caruso Affiliated
Developers
Mall war
Santa Anita Park race track - zoning
Shops at Santa Anita
Westfield Shoppingtown Santa Anita
Item ID
29978AN
Collection
Newspaper Index
Less detail

20 records – page 1 of 1.