The Arcadia City Council, acting as the Arcadia Redevelopment Agency, has agreed to have the Republic Development Company propose a commercial development at the east entrance to Arcadia, on Huntington Drive.
The dissolution of the agreement between the city and Republic Development Company will take effect this week. Republic has been working for close to three years on the redevelopment project along Huntington Dr. City Council has, in effect, voted against the use of eminent domain making it impossible for the Development Company to talk to buyers.
Republic Development Company has sent letters to 39 owners of 59 parcels of land, offering to purchase property on Huntington Drive, east of Second Avenue. Article outlines proposals for redevelopment.
Granada Rouale Hometel is interested in building a $10 million hotel at the northeast corner of Second Avenue and Huntington Drive, according to Mike Lloyd, a consultant to Republic Development Company.
The Arcadia City Council, in its role of redevelopment agency, has approved a disposition and development agreement with American Savings for the property at the northwest corner of First Avenue and Huntington Drive.
The Republic Development Co. made a report to the City Council concerning redevelopment of the area around Fifth Avenue, Santa Clara Street, and Santa Anita Wash. Proposals include 3 five-story office buildings and expansion of retail stores into the area.
The city may use eminent domain to secure the Peter Kiewit property at 301 E. Santa Clara Street. Republic Development Co., which has a contract to develop the area, has asked the City Council's help in securing the property.
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.
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).
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.
City Council approved the use of eminent domain if it is needed to put together the package that will allow development of a $2.6 million office building at Fifth Avenue and Huntington Drive as proposed by Hedrick Enterprises.
The proposed new office building for the corner of Huntington Drive and First Avenue has run into a delay caused by a lack of tenants, according to Warren Lortie, president of the development firm WLA Arcon of Huntington Beach. Arcon requested and got a 90-day extension on its deadline.
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.
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.
The $4.1 million Downtown 2000 plan will restore the area along Huntington Drive from Santa Clara to 5th Avenue, as well as on 1st Ave. The project should start in June and be completed by the fall racing season.
The City Council, acting as ARA, will hear a report on the receipt of an agreement to acquire the property at 55 E. Huntington Drive, where Huntington Desk has been located.
Arcadia's City Council has given the final go-ahead to Stanley Gribble and Associates on the retail-office-restaurant center planned for the south side of Huntington Drive in East Arcadia.
A new developer has been selected by the Arcadia Redevelopment Agency to build on the vacant lot at the corner of Huntington Drive and First Ave., the site of the now defunct Falzone project. The agency selected Halferty Development Co. of Pasadena to build a 2-story professional and financial office building on the site.