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.
The Arcadia City Council has signed agreements with Republic Development Company for the development of the area along Huntington Drive east of First Avenue.
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.
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.
On the eve of a court battle, the Arcadia Redevelopment Agency and the owner of the construction yard property at the corner of 3rd Avenue and Santa Clara Street agreed to terms by which the city will take possession of the land.
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.
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.
At a meeting of about 200 Anoakia School parents, directors of the school, which has operated on the former estate of Anita Baldwin for 48 years, explained the reasons the school wants to relocate after June 1990. Lowry McCaslin, who owns the property, wants to develop the 20 acre estate.
City Council has expressed interest in helping bail the school district out of some of its financial problems. There are a number of areas in which the city could provide assistance. One possibility being considered is a June election to determine public support for such action.
City Councilman Jeff Dring again raises question of conflict of interest on property previously owned by Mayor Don Pellegrino and purchased by one of partners of Cornerstone/RPI Development Co.
City Council has approved a zone change for the area bounded by the 210 Freeway, Fifth Avenue, the Santa Fe Tracks and Second Avenue. The area is now CPD (Commercial Planned Development).
Best Disposal Co. which holds the Arcadia city contract for waste disposal, is on the brink of being sold to Western Waste Disposal. Collection fees may go up.
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.
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.
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 Drive-In Liquor store has reopened in its new building but the owners, Fred Palladin and Thomas Turiace, have several problems and complaints about the city's role in developing the property.
The Arcadia Business Association held a meeting August 22, 1984, to inform 36 Arcadia business owners of the city's downtown revitalization plan. Unattractive storefronts were cited as a key problem to be solved. In order to ameliorate the situation the city might exercise eminent domain and relocation of certain businesses that fail to voluntarily cooperate with the city plan.
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 Arcadia Planning Department has been asked by the City Council to prepare amendments to the municipal code which would limit building bulk and visual intrusion of new commercial buildings adjacent to residentially zoned properties. Various recommendations are discussed.