View north toward mountains and at rear of building at 22 E. Foothill Blvd., which was apparently built c. 1930. It was used for a fruit preserve business, family restaurant, and real estate office. It's last occupant was the Copy Cat custom dress business.
Singpoli, an Arcadia-based investment and development firm, bought a 1.6 acre property at Lake Avenue and Union Street in Pasadena and plans to build a $60 million mixed use project, including a 165-room hotel and condo complex with 60 units. See also Arcadia Weekly, p. 11, May 11, 2017.
Newport Beach real estate developer Don Koll and Leon Black of New York-based Apollo Real Estate Advisors have made an unsolicited offer to invest approximately $180 million in Arcadia-based Santa Anita Cos.
House at 22 E. Foothill Blvd. It housed a dress shop called the Copy Cat from about 1967-1975. During the 1930's and a bit into the 1940's, it was operated as a popular family restaurant. Prior to the Copy Cat years (about 1952-1960), Rita Thompson had it as her real estate office.
The Arcadia Business Association has requested a moratorium on beauty and nail shop in the downtown business district. There are reportedly 16 salons downtown and another 8 more on First Avenue south of California.
Safeway Inc., parent company of Arcadia-based Vons/Pavilions, is changing operations to comply with a new law that calls for a 25 percent reduction in California's carbon emissions by the year 2020.
Russell J. Ribb, former superintendent for the Hacienda-La Puente Unified School District, has been named to serve as Arcadia's interim school superintendent. Elaine Boyce of the School Service of California, a Sacramento-based consulting firm, has been hired to recruit a new superintendent.
Upland-based Lewis Homes is in escrow to buy the old Foulger Ford site on Huntington Drive. Preliminary plans include a supermarket and two smaller retail spaces.
New ice cream shop in Arcadia is ready to roll. Instagammable ice cream awaits at Holy Roly Ice Cream, a Thai-inspired rolled ice cream. It is located at the Westfield Santa Anita Mall at 400 S. Baldwin Ave. #2220. Louis Kim, the owner and founder, is an architect and real estate developer.
The changing face of Arcadia--commercial brokerage firm NAI submits proposal for downtown districts. The City of Arcadia hired NAI to assess the city's five business districts and make recommendations to improve them and bring in appropriate, compatible businesses. See hard copy in VF Business and Industry.
Shares of Safeway Inc. fell 4.5 percent after the Pleasanton-based parent company of Arcadia-based Vons/Pavilions said it expects second-quarter earnings will be below Wall Street estimates.
In a split vote, City Council approved an ordinance that effectively doubles business license fees bringing Arcadia to roughly the mid-point in fees charged by other Los Angeles County cities.
Rubbermaid Inc. announced that it has acquired Arcadia-based Decor Concepts, Inc., better known as Omni. Omni, which designs and manufactures commercial playground equipment, produces about $30 million in annual revenues.