Foulger Ford, which announced a move to Monrovia this January, will not be leaving Arcadia after all. Stan Foulger, owner of the dealership, did not wish to comment on the reason for his change of plans. Foulger has 7 years left on his lease.
With Arcadia's Foulger Ford now following Arcadia Suzuki out of town, Arcadia stands to lose about $230,000 in sales tax revenue per year, just short of 1% of the city's $23.699 million budget.
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.
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).
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.
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.
City Council accepted developer Sam Falzone's proposal for a $14 million, eight-story financial center at the northwest corner of First Avenue and Huntington Drive in Arcadia.
Ernest "Cal" Ford recently retired after 27 years of driving a school bus for Arcadia School District. Ford is a second generation school bus driver. His father drove a school bus for Arcadia in the 1930's.
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.
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.
Less than a month before the Arcadia Historical Society was going to open, the Arcadia City Council has voted to move its building to a new site, at the southwest corner of the Arcadia Public Library.
The Friends of the Arcadia Public Library's 30th annual book sale drew larger than usual crowds, with sales amounting to more than $9000, $1000 more than sales made in 1987.
Plans to build a new Arcadia Senior Center are moving forward, with studies of the center's possible role, funding for the center and scouting for a site under way.
Del Schrader, 65, a resident of Arcadia since 1943 and longtime Southern California newsman, died of a heart attack. He retired in January as a copy editor for the Daily News in Van Nuys.
The Arcadia City Council approved a new showroom for a Suzuki automobile dealership on East Huntington Dr. The showroom will be an addition to the Arcadia Nissan/AMC Jeep/Renault dealership currently at that location.