Arcadia Datsun now negotiating the terms of an agreement with Monrovia Redevelopment Agency to move down to 924 West Huntington in Monrovia from its current location in Arcadia.
Arcadia Datsun is expanding its services to the Mountain Vista Plaza Shopping Center in Duarte (current site of the Big Sky Drive-In Theater). The general manager of Arcadia Datsun says his company's recent agreement with Duarte means his business will have somewhere to move if Arcadia decides to redevelop his property with a Target Store or some other project.
Arcadia Datsun official says next move is up to city. Bruce Low, general manager of Arcadia Datsun, had been granted a conditional use permit for a seven or eight story office building in the redevelopment project area.
Within 18 months, Arcadia Nissan, the last of the city's 3 auto dealerships, will pack up and leave town. The departure of the 3 auto dealerships will result in a loss to the city of $450,000 a year in sales tax (about 2% of the yearly city budget).
Bob Low has decided to sell his Huntington Drive property, present site of his Arcadia Datsun agency. Asking price is $5.9 million. The sales package will include plans already drawn up for a 7-story office complex. Low is negotiating with both Arcadia and Monrovia for a new location for the auto agency.
Arcadia Suzuki, the third best selling Suzuki dealership in the U.S. will move from 415 East Huntington Drive to 1414 Buena Vista in Duarte. The move will cost Arcadia $80,000 in tax revenues.
Bruce Low, general manager of Arcadia Datsun, isn't particularly happy with the city. Reason stems from an about-face by the City Council last winter when it decided in favor of retail commercial developments that would bring sales tax revenue to the city.