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.
Thrifty Drug Store building at NW corner of Huntington Drive and First Avenue. There are no identifying signs on the building. The signs were removed after the store closed. Former site of first City Hall.
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.
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.
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.
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.
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.
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).
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 adopted a resolution approving the land acquisition and development agreement to help Paul Rusnak buy five sites for his Mercedes Benz dealership expansion. The Arcadia Elks Lodge doesn't want to move.
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.
The Arcadia City Council, acting as the Arcadia Redevelopment Agency, has agreed to have the Republic Development Company propose a commercial development at the east entrance to Arcadia, on Huntington Drive.
The Arcadia Redevelopment Agency announced Tuesday that it has reached an agreement to build a 122-room hotel in East Arcadia. The deal with ESA Management, the parent company of Extended Stay America, calls for an expected completion date by mid-1998.
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.
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.
Advocates and opponents of a proposed Target Department Store are having their arguments for what should be a lively discussion before the Arcadia Redevelopment Agency on December 4. The most controversial aspect of the proposed project is that, if approved, the city would buy property in the development area for $16-18 a square foot and resell it to the developer, Beech and Associates, as $12 a square foot.