City Council accepted developer Sam Falzone's proposal for a $14 million, eight-story financial center at the northwest corner of First Avenue and Huntington Drive in Arcadia.
The developer of Monrovia's Huntington Oaks shopping center now has an exclusive right to negotiate with the Arcadia Redevelopment Agency to construct a $17.3 million office and restaurant complex on the south side of Huntington Drive between the railroad tracks and the east boundary of the city.
Arcadia City Council/Redevelopment Agency in special meeting is expected to consider a proposal by Falzone Development, Inc. to build a $14 million, eight-story retail/office complex at northwest corner of First Avenue and Huntington Drive.
Proposed Department store targeted. Members of Arcadia City Council acting as redevelopment agency have approved Exclusive Right to Negotiate with Beck and Associates of Los Angeles for development of a Target Department Store with satellite shops at Third Avenue and Huntington Drive.
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.
Arcadia city staff is preparing an Exclusive Right to Negotiate with Emkay Development Co. to build a 7-story hotel, restaurant, and 3 office buildings north of Huntington Dr. in East Arcadia.
Construction of a $21 million Target Department Store in Arcadia's redevelopment area became a distinct possibility when the City Council unanimously agreed to sign an exclusive "right to negotiate" agreement with the development firm of Dean Beck and Associates.
Arcadia City Council members decided to wait a month before signing an "exclusive right to negotiate agreement" for the development of city-owned property at 620 East Live Oak Avenue, site of the Par Three Golf Course.
With negotiations ended between Arcadia and a developer who wanted to build an office building at the corner of First Avenue and Huntington Drive, the Arcadia Redevelopment Agency is looking for another firm to develop the site.
The Target Department Store and shopping center will not be coming to Arcadia. The contract that gave Beck & Associates the exclusive rights to negotiate with Arcadia expired without agreement January 9, despite a final revision of the plans designed to make them acceptable to the Arcadia Redevelopment Agency.
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.
Prior to signing an exclusive "right to negotiate" with the city, Beck and Associates, developers of the proposed Target Department Store are asking the city to contact business and property owners to determine if they want to be participants in the project.
City-owned property at northwest corner of Huntington Drive and First Avenue may become a temporary mini-park as a result of Arcadia City Council action. Includes Thrifty Drug, Pizza Man and Huntington Desk buildings recently demolished.
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.
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.
The City Council approved final architectural plans for a new $2.6 million fire station to be built by March 1994 at the corner of Baldwin Avenue and Huntington Drive.
Arcadia City Council in its role of Arcadia Redevelopment Agency Tuesday night moved very close to an agreement for the sale of the former Thrifty Drug Store site at the northwest corner of Huntington Drive and First Avenue.
Three-story building on the northwest corner of Huntington Drive and First Avenue in downtown Arcadia. This same corner was once the location of Arcadia City Hall. Photo by Terry Miller.
A study by the Department of Public Works suggested that the city yards (currently located south of Huntington Drive between 3rd and 5th Avenues) should be split up and moved to the south side of La Porte Street between 1st and 2nd Avenues.