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 Redevelopment Agency may sell 3.74 Acres of land on the northeast corner of Huntington Drive and Second Avenue to Grand Royale Hometel for 1.3 million dollars. After the parcel is sold, the city plans to rezone the property for the developers raising the value to about 3.5 million.
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.
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 Royale 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.
A public hearing on the proposed hotel at Huntington Drive and Second Avenue is scheduled for December 16. Article outlines the financial details of the project and the thoughts of the various councilmen on the idea.
Hedrick Enterprises has shelved a proposed $2.6 million office building for its corporate headquarters at Huntington Drive and Fifth Avenue. A downturn in the economy was the reason for the decision.
The City's Redevelopment Agency has launched a massive marketing plan for two sites located at the NW and SW corners of Second Avenue and Huntington Drive.
Three-story office building nears reality after reported approval. Will be constructed on a two-acre site at the southwest corner of Huntington Drive and Fifth Avenue in the Arcadia redevelopment area.
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.
Plans for a series of office buildings and a high-rise hotel in the Arcadia redevelopment area require general plan and zone changes. The first move is an environmental impact report for the area bounded by the 210 Freeway on the north, the railroad tracks on the south, Fifth Avenue on the east and Second Avenue on the west.
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).
The office building proposed for the grass park at the northwest corner of Huntington Drive and 1st Avenue may not be built. The Arcadia City Council let lapse the contract guaranteeing an exclusive right to negotiate between the city & the developer, Sam Falzone.
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.
Council has voted 3-2 in favor of the disposition and development agreement with Hometel Development Corporation to construct a 150 suite Granada Royale Hometel. The hotel is considered the key to redevelopment of the area. Office buildings proposed for the surrounding area want hotels.
Noon on August 17 is the deadline for submission of proposals to buy or lease city-owned property at northwest corner of First Avenue and Huntington Drive in Arcadia. The Arcadia Redevelopment Agency is interested in proposals offering a commercial-retail use or mixed-use concept of commercial-retail and professional office space.
The addition of a new hotel on the corner of Second Avenue and Santa Clara Street in Arcadia would bring an additional 159 rooms to an area which already boasts eight hotels along a one mile stretch of the Huntington Drive corridor.
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.