Arcadia City Council will be asked to determine whether they want to extend a "resolution of inducement for tax-exempt financing" for the proposed Ramada Inn (now Santa Anita Inn) project.
Proposed redevelopment of the Santa Anita Inn, formerly Ramada Inn at 130 West Huntington Drive, Arcadia, won't take place until after the Olympics next August.
The Santa Anita Inn was purchased 2 weeks ago by developer Charles Bluth, who is already implementing plans to turn the hotel at the corner of Huntington Drive and Colorado Place into a four-star inn. Renovation (with a New Orleans motif) should be completed by January.
A site has yet to be located for the new housing project for senior citizens and handicapped persons. After a site is chosen, hope- fully by January 1982, another 21 months would be required for construction. Reservations and applications will not be taken until a few months before completion.
Demolition of the Santa Anita Motor Inn is being completed. Built in 1938, it had become an architectural curio - built as it was to resemble a ship with streamlined characteristics.
The Department of Housing and Urban Development has approved a loan of $6,148,200 to Senior Christian Housing Foundation, Inc. for construction of a 100 unit housing project for elderly and handicapped persons. A site has not yet been secured.
A new senior retirement hotel has been approved by the Arcadia Planning Commission over the objections of both the development's neighbors and a competitor. The 110-room project will be located at the site of what is now a mortuary at 607-611 West Duarte Road.
A lottery was held to determine who would receive priority in the opening of the Naomi Gardens housing project for senior citizens and the handicapped.
The Department of Housing and Urban Development has approved a site for a federally subsidized $6.2 million, 100-unit senior housing project to be located at 665 West Naomi Avenue.
Santa Anita Athletic Club had formal installation of Mrs. George Mumford as 1975 president of the social organization, which was organized in 1937 in Arcadia.
Two major items on Arcadia City Council's last agenda have been continued until meeting of December 6. One relates to proposed development by Sam Falzone of the city-owned vacant property at First Avenue and Huntington Drive. The other with-exempt financing for the Santa Anita Inn.
With Councilmen Dick Haltom and Dave Hannah dissenting, the Arcadia City Council approved a resolution of inducement for tax-exempt financing for the proposed Ramada Inn project.
Lee Lurie has been selected Arcadia Senior Citizen of the year. Lurie has been very active this past year in senior citizen projects and in the scouting program. Biographical notes are included.
Arcadia City Council considering leasing Par-3 golf course site south of Live Oak Avenue for major housing development. Would provide up to 587 housing units, including 72 rental units for senior citizens. Potential developer is Cadillac Fairview Development Co. of Newport Beach.
Mortgage rates for senior housing rise. City has been notified by Department of Housing and Urban Development that the mortgage rates for such projects have been raised from 9 1/4 to 11 5/8 %.
Construction will begin in November on the $20 million hotel-office complex on the site of the Ramada Inn, according to John Kirkpatrick, the developer. He expects that the hotel and one office building will be completed before the 1984 Olympics. The new hotel will be first class with a well-known name.
A building contract for a senior citizens center has been awarded to Nationwide Construction of Downey. Groundbreaking is anticipated in three months. The center will be built on the triangular piece of land at the intersection of Holly Avenue and Campus and Huntington Drives across from the Chamber of Commerce.
The famed old Eaton's Restaurant will be demolished and plans have been submitted for a smaller building which will house: a) CoCo's - a high class coffee shop b) Plankhouse - steak, lobster, bar, entertainment. The owners will be Far West Services, Inc., which owns such restaurants as the Reuben E. Lee in Newport.
A $3 million building project to increase stable capacity by 150 stalls is underway at Santa Anita Park. Completion, which is planned before the start of the Oak Tree meeting, will bring the total number of stalls to 2,100. The project is discussed in detail.