Arcadia's Fresh and Easy (grocery store) market at 133 East Foothill Boulevard to shut down April 3. The chain is closing about 30 stores, including ones in Arcadia, Azusa, and Pasadena.
Business spotlight on Hyper Coffee at 203 S. First Avenue in Arcadia, in a historic Art Deco building. It has been in business 17 years. By Helen Wang.
Singpoli, an Arcadia-based investment and development firm, bought a 1.6 acre property at Lake Avenue and Union Street in Pasadena and plans to build a $60 million mixed use project, including a 165-room hotel and condo complex with 60 units. See also Arcadia Weekly, p. 11, May 11, 2017.
The changing face of Arcadia--commercial brokerage firm NAI submits proposal for downtown districts. The City of Arcadia hired NAI to assess the city's five business districts and make recommendations to improve them and bring in appropriate, compatible businesses. See hard copy in VF Business and Industry.
New indoor playground, a business called Precious Ones, in Arcadia, raises safety concerns for children, in opinion of Planning Commission Board member Kenneth Chan. Despite concerns, the Board was satisfied with owner Sandy Joo's responses and approved her business for operation given she meets all the conditions laid out, which include background checks, CPR training for staff, among others.
Arcadia launches the new Arcadia Downtown Business Association, with plans to revitalize the downtown district. Matt McSweeney is the association's chairperson and owner of Matt Denny's Ale House Restaurant on East Huntington Drive. City officials will spend about $90,000 on a parking study and about $18,000 in redevelopment funds to get Arcadia Downtown Business Association off the ground. The revitalization plans should work nicely with the slated opening of the Gold Line station at the northwest corner of North First Avenue and East Santa Clara Street by 2014.
Arcadia City Council approves $70,000 to help the Downtown Business Association set up a business-improvement district. The district would tax commercial property owners to revitalize the area.
Santa Anita Gardens Catering Services threw an extravagant showcase event to celebrate and promote one of their two hosting venues, Arcadia's historic Prince Erik Hall, located at 2607 South Santa Anita Avenue, behind Arcadia Congregational Church.
Downtown Arcadia business owners establish a Community Benefit District, mandating they each pay an annual assessment on their property taxes to fund marketing programs and activities in hopes of bringing more people to the area. It is called a Property-Based Business Improvement Model. It is a private-sector initiative that bills local businesses by the same criteria used in Old Pasadena--according to their frontage, lot size and scope of any buildings on a given property. 60% of downtown Arcadia owners chose the plan, the result of a three year effort.