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9 records – page 1 of 1.

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

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

Frank Stronach, chairman of MI Developments, is scheduled to address the California Horse Racing Board to address a number of issues, including a potential new racetrack surface for Santa Anita Park and the recent cancellation of its lease with the charitable Oak Tree Racing Association. Dennis Mills, MI Development's CEO and vice chairman has said Santa Anita Park might replace its synthetic track soon, which could jeopardize hosting Oak Tree's meet there.

https://arcadiahistory.andornot.com/en/permalink/newspaper32091
Newspaper
Pasadena Star News
Date
June 20, 2010
Pages
p. A1, A6
More detail
Newspaper
Pasadena Star News
Date
June 20, 2010
Pages
p. A1, A6
Subjects
California Horse Racing Board
Chillingworth, Sherwood
Horses and horse racing
MI Developments
Oak Tree Racing Association
Santa Anita Park-2001-2010
Stronach, Frank
Item ID
32288AN
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

MI Developments, the parent company of Santa Anita Park, announced the formation of the Preakness 5.5 bonus program, which could mean an additional $5.5 million for the winning connections of the middle leg of horse racing's Triple Crown in 2011.

https://arcadiahistory.andornot.com/en/permalink/newspaper32158
Newspaper
Pasadena Star News
Date
August 28, 2010
Pages
p. C6
More detail
Newspaper
Pasadena Star News
Date
August 28, 2010
Pages
p. C6
Subjects
Horses and horse racing
MI Developments
Santa Anita Park
Item ID
32355AN
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

Santa Anita Park will host the Oak Tree Racing Association's fall meet one last time. Oak Tree's five-week fall meet has been held at Santa Anita Park since 1969. Frank Stronach, chairman of MI Development (owner of Santa Anita Park), said he doesn't want to have a tenant (Oak Tree) in the long run and talked about deregulation of the horse racing industry.

https://arcadiahistory.andornot.com/en/permalink/newspaper32093
Newspaper
Pasadena Star News
Date
June 23, 2010
Pages
p. A1, A5
More detail
Newspaper
Pasadena Star News
Date
June 23, 2010
Pages
p. A1, A5
Subjects
Chillingworth, Sherwood
Horses and horse racing
MI Developments
Oak Tree Racing Association
Santa Anita Park-2001-2010
Stronach, Frank
Item ID
32290AN
Collection
Newspaper Index
Less detail

9 records – page 1 of 1.