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 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.
The Arcadia Redevelopment Agency granted Stanley Gribble and Associates a 6-month exclusive right to negotiate with the city to develop a commercial project at the east end of the city between the railroad tracks on the south and west, Huntington on the north and 5th Avenue on the east.
A study by the Department of Public Works suggested that the city yards (currently located south of Huntington Drive between 3rd and 5th Avenues) should be split up and moved to the south side of La Porte Street between 1st and 2nd Avenues.
Four proposals have been received by the Arcadia Redevelopment Department for a development on Huntington Drive in east Arcadia, across the street from the proposed Target Store. All four meet the criteria set out by the Redevelopment Agency. The agency had requested builders to design either retail stores, a professional office building, or a fine restaurant.
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.
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.
For the first time in its history, the Arcadia Redevelopment Agency has authorized using its power of eminent domain to acquire properties specifically for redevelopment. The agency voted to use that power to acquire a construction yard on Santa Clara Avenue known as the Bong property and other properties on the north side of Huntington Drive, between Second Avenue and the Santa Anita Wash.
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.
The Arcadia City Council has signed agreements with Republic Development Company for the development of the area along Huntington Drive east of First Avenue.
Pasadena is taking another look at the county area east of Rosemead, north of Colorado, and west of Michillinda, which is currently in what is considered Arcadia's sphere of influence.
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.
The Arcadia Gateway Center, considered the first major element in the city's redevelopment project, has opened. The $22 million facility is located on Huntington Drive.
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 Arcadia Redevelopment Agency may have to return $550,000 to the county unless it turns its funds into fixed assets. Sites in the redevelopment area being considered for purchase are described.
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.
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.
Construction of the Arcadia Gateway Center on the south side of Huntington Drive in east Arcadia should begin November 9. The new center will have a Cigna Health Plan Building, 2 office buildings, 2 restaurants, and a retail building with shops.
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.