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.
In a significant move to redevelop the east end of town, the Arcadia Redevelopment Agency voted to take 6 landowners to court to obtain their property by condemnation.
The Arcadia Redevelopment Agency would like the Arcadia Nissan property in East Arcadia, but the city may not be able to afford it since the Redevelopment Agency is already $9.9 million in debt.
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.
The Arcadia Redevelopment Agency voted to employ the services of 2 Southern California firms (Business Enterprises Appraisal Company of Calabassas Park and Harlan Nickerson of Long Beach) to help it appraise and acquire property in east Arcadia for redevelopment.
Arcadia Redevelopment Agency members briefly considered four possible developments on the south side of Huntington Drive in east Arcadia, then discussed whether to increase the size of the development area to include the city yards just south of the current project area.
According to Peter Kinnahan, Arcadia's manager for economic development, Arcadia needs to pursue redevelopment projects more aggressively or surrounding communities like Monrovia will take major businesses away. He cited the delay over location of the proposed Target Department Store in Arcadia as an example.
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.
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 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.
Summary of actions taken by the City Council in its role of redevelopment agency. Among these: 1. Glenn of California property on Santa Clara 2. Arrangement with Mr. and Mrs. Link who need additional land to extend their manufacturing firm on 3rd Avenue.
Arcadia slowly steers Rusnak Mercedes Benz dealership expansion back on track. Because of a December 2011 California Supreme Court decision to eliminate redevelopment agencies, the expansion has been stalled. Arcadia is now working on a long-range property management plan for the expansion--a plan that is now required for state approval before former redevelopment agency property may be sold. The plan includes properties at 121-159 North Santa Anita Avenue.
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.
The Arcadia Redevelopment Agency voted unanimously to begin condemnation proceedings of a property at 156 Santa Clara Street. The agency wants to claim the land for retail stores and office buildings. Eminent domain proceedings were begun since the city and the owners of the property have not been able to agree on the value of the property.
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.
The Arcadia Redevelopment Agency approved the purchase of $1.2 million in land owned by the Atchison, Topeka, and Santa Fe Railway Co. at 21 North 2nd Avenue to be used as part of the Northwest Corner Project of commercial development.
City of Arcadia – Arcadia Redevelopment Agency. Press clippings, 1985-1991 Amended Agency Bylaws approved by the Agency and Council on March 6, 2001 Arcadia Redevelopment Agency Financial Statements June 30, 1997 Arcadia Redevelopment Agency Financial Statements June 30, 1998 Lease Rate Data Inform…
City of Arcadia – Arcadia Redevelopment Agency. Press clippings, 1985-1991
Amended Agency Bylaws approved by the Agency and Council on March 6, 2001
Arcadia Redevelopment Agency Financial Statements June 30, 1997
Arcadia Redevelopment Agency Financial Statements June 30, 1998
Lease Rate Data Information Sheets-July 1995, July 1998, February 1999, December 1999, June 2001, January 2002, September 2002, April 2003, November 2003.
City of Arcadia Assessed Value (Net Taxable) Fiscal Years 1986-1987 through 2000-2001. City of Arcadia Business License Activity and Building Permit Valuation History for FY 1995-1996 through 2000-2001. Redevelopment Agency Highlights 1974-2001). Partial list of Agency Asssisted Projects.
Summary of changes in the redevelopment law to become effective January 1, 1977. Now it will be up to the Community Redevelopment Agency to justify its processes.
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.