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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

Clean-up crews are collecting wind debris. Tom Tate, Director of Public Works for Arcadia, said that "on December 10, we started a systematic clean-up of the city, starting with city crews and contractors, one on the north end, one on the south end. We plan to move through the city, street by street, and hopefully meet in the middle." Tate said his crews have moved about 5,000 tons of debris off the streets since the windstorm hit on November 30-December 1, and estimates they are at least a quarter of the way done. Arcadia Public Works is trying to keep residents updated with Twitter and their website, as well as media releases, on their progress. Tate hopes to conclude the clean-up before Christmas.

https://arcadiahistory.andornot.com/en/permalink/newspaper32702
Newspaper
Pasadena Star News
Date
December 14, 2011
Pages
p. A1, A4
More detail
Newspaper
Pasadena Star News
Date
December 14, 2011
Pages
p. A1, A4
Subjects
Arcadia Public Works
Disasters
Tate, Tom
Trees
Weather
Wind and windstorms
Item ID
32899AN
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

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

Experts say fierce Santa Ana winds will return this week. Last week a brutal windstorm ripped through Southern California, leaving dozens of homes uninhabitable and toppled hundreds of trees in the San Gabriel Valley. Arcadia Unified School District is scheduled to open all its campuses today except Highland Oaks and Longley Way Elementary Schools.

https://arcadiahistory.andornot.com/en/permalink/newspaper32767
Newspaper
Pasadena Star News
Date
December 5, 2011
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
December 5, 2011
Pages
p. A1, A6
Subjects
Disasters
Trees
Weather
Wind and windstorms
Item ID
32964AN
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

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

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

More high winds expected. Clean-up efforts remain ongoing across San Gabriel Valley. With Santa Ana winds expected to batter Southern California for several days this week, residents and work crews scrambled yesterday to clear downed trees, replace utility poles and restore power after the historic storm that hit Thursday, December 1, 2011. A small army of Southern California Edison (SCE) workers gathered in the Santa Anita Park race track parking lot--some waiting for orders, others moving the dozens of replacement transformers. SCE will need to bring power back to the 78,000 customers still without electricity as of yesterday afternoon.

https://arcadiahistory.andornot.com/en/permalink/newspaper32710
Newspaper
Pasadena Star News,
Date
December 4, 2011
Pages
"p. A1, A6"
More detail
Newspaper
Pasadena Star News,
Date
December 4, 2011
Pages
"p. A1, A6"
Subjects
Disasters
Southern California Edison (SCE)--electricity utility
Trees
Weather
Wind and windstorms
Item ID
32907AN
Collection
Newspaper Index
Less detail

San Gabriel Valley cities struggle to get up and running in the wake of a powerful Santa Ana-fueled windstorm that downed trees and caused power outages. In Arcadia, damage to trees in the Los Angeles County Arboretum was extensive. Arcadia Mayor Gary Kovacic said the storm downed more than 500 trees and seven buildings had been red-tagged. Damage estimates were pegged at more than $1 million. Santa Anita Park reopened for simulcast wagering yesterday. Photos.

https://arcadiahistory.andornot.com/en/permalink/newspaper32707
Newspaper
Pasadena Star News
Date
December 3, 2011
Pages
p. A6, A9
More detail
Newspaper
Pasadena Star News
Date
December 3, 2011
Pages
p. A6, A9
Subjects
Disasters
Emergencies
Weather
Wind and windstorms
Item ID
32904AN
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

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

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

Wind-swept cities slowly recover from a severe windstorm that blew through the San Gabriel Valley early Thursday morning. Arcadia was hit hard and "city crews and contracts are continuing to work hard to clean roadways," said Arcadia police Lieutenant Tom Leveque. Road closures that remained in effect in Arcadia on Friday morning included: westbound Colorado Street at Santa Anita Avenue; westbound Camino Real Avenue at El Monte Avenue; Longden Avenue between El Monte Avenue and Holly Avenue; Colorado Place between Colorado Boulevard and Huntington Drive; the 200 block of W. Leroy Street; the 1100 block of S. Fifth Avenue.

https://arcadiahistory.andornot.com/en/permalink/newspaper32705
Newspaper
Pasadena Star News,
Date
December 3, 2011
Pages
p. A3
More detail
Newspaper
Pasadena Star News,
Date
December 3, 2011
Pages
p. A3
Subjects
Disasters
Emergencies
Street closures
Trees
Weather
Wind and windstorms
Item ID
32902AN
Collection
Newspaper Index
Less detail

15 records – page 1 of 1.