By December, if all goes smoothly, Arcadia's Redevelopment Agency should have evaluated, and perhaps formally accepted a specific proposal for developing the land just east of the railway crossing on Huntington Drive. The request indicates that the city prefers either retail stores, a professional office building, or a fine restaurant.
Proposed Department store targeted. Members of Arcadia City Council acting as redevelopment agency have approved Exclusive Right to Negotiate with Beck and Associates of Los Angeles for development of a Target Department Store with satellite shops at Third Avenue and Huntington Drive.
Arcadia City Council/Redevelopment Agency in special meeting is expected to consider a proposal by Falzone Development, Inc. to build a $14 million, eight-story retail/office complex at northwest corner of First Avenue and Huntington Drive.
The Arcadia Redevelopment Agency (which is also the City Council) is considering whether to take steps toward acquiring several properties in east Arcadia that made up the parcel of land for the now defunct Target Shopping Center. According to Peter Kinnahan, assistant city manager for economic development, the Arcadia Redevelopment Agency is strongly in favor of acquiring property on 3rd Avenue, just north of Huntington Drive.
Arcadia Redevelopment Agency members briefly considered four possible developments on the south side of Huntington Drive in east Arcadia, then discussed whether to increase the size of the development area to include the city yards just south of the current project area.
Noon on August 17 is the deadline for submission of proposals to buy or lease city-owned property at northwest corner of First Avenue and Huntington Drive in Arcadia. The Arcadia Redevelopment Agency is interested in proposals offering a commercial-retail use or mixed-use concept of commercial-retail and professional office space.
The Arcadia Redevelopment Agency is looking for developers to submit building proposals for 2 new major development projects on 5 acres of downtown property. The agency wants to house corporate headquarters, business and professional offices, retail stores and restaurants.
The Arcadia Redevelopment Agency would like the Arcadia Nissan property in East Arcadia, but the city may not be able to afford it since the Redevelopment Agency is already $9.9 million in debt.
Arcadia City Council in its role of Arcadia Redevelopment Agency Tuesday night moved very close to an agreement for the sale of the former Thrifty Drug Store site at the northwest corner of Huntington Drive and First Avenue.
The Target Department Store and shopping center will not be coming to Arcadia. The contract that gave Beck & Associates the exclusive rights to negotiate with Arcadia expired without agreement January 9, despite a final revision of the plans designed to make them acceptable to the Arcadia Redevelopment Agency.
The developer of Monrovia's Huntington Oaks shopping center now has an exclusive right to negotiate with the Arcadia Redevelopment Agency to construct a $17.3 million office and restaurant complex on the south side of Huntington Drive between the railroad tracks and the east boundary of the city.
In a significant move to redevelop the east end of town, the Arcadia Redevelopment Agency voted to take 6 landowners to court to obtain their property by condemnation.
Two hotels are being proposed for redevelopment property along Huntington Drive in Arcadia, potentially creating a "hotel row" between East Arcadia and West Monrovia.
Dean A. Beck and Associates, developers of a proposed Target Department Store on East Huntington Drive in Arcadia, want to know the status of owner participation opportunities which might be available to people owning property within the project area.
The City Council in its role as Arcadia Redevelopment Agency hears plan by local developers to buy city property at the southwest corner of Fifth Avenue and Huntington Drive.
Arcadia City Council members, acting as the Arcadia Redevelopment Agency, will be asked Tuesday night to approve purchase of two properties at Fifth Avenue and Huntington Drive (the Larmor development).
Advocates and opponents of a proposed Target Department Store are having their arguments for what should be a lively discussion before the Arcadia Redevelopment Agency on December 4. The most controversial aspect of the proposed project is that, if approved, the city would buy property in the development area for $16-18 a square foot and resell it to the developer, Beech and Associates, as $12 a square foot.
The Arcadia Redevelopment Agency has filed a suit against the Clifford C. Bong & Co., a former owner of the 1.6 acre redevelopment site on Huntington Drive. The ARA hopes to recover the $855,000 spent on removal of toxic waste and other debris.
With negotiations ended between Arcadia and a developer who wanted to build an office building at the corner of First Avenue and Huntington Drive, the Arcadia Redevelopment Agency is looking for another firm to develop the site.
After narrowly rejecting a Target Department Store as a suitable use for a property on Huntington Drive Tuesday night, the Arcadia City Council will have to await another proposal if it still plans to redevelop the property. The vote was 2-2 with and abstention. the measure needed 3 votes to win.