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.
Although owners of horse-size lots in Southeast Arcadia recently lost a battle before the City Council to extend a moratorium on subdivisions in the area, one leader of the group says they will continue their fight on 2 fronts: a lawsuit against the city and the formation of a new citizen's group to put initiative measures on the city ballot to limit development of Arcadia.
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.
Arcadia Business Association President, Charles Chivetta, who criticized the city's redevelopment policies and was criticized by the city in return, has sent out a letter criticizing the criticisms.
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 City Council approved 12 goals of revitalization of the downtown area. The approval came following a public hearing intended to solicit input on the matter from merchants, owners and the public on the issue.
Arcadia City Council has approved setting aside $270,094 in Community Development Block Grant funds for fiscal year 1984-85 to be used in a continuation of the 1983-84 business revitalization project.
The Arcadia City Council has signed agreements with Republic Development Company for the development of the area along Huntington Drive east of First Avenue.
Arcadia City Council in its role of redevelopment agency approved tax-exempt financing for the proposed RPI office development at intersection of Colorado Boulevard and Colorado Place.
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.
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).
Arcadia hasn't been quick enough in spending its Community Development Block Grant and as a result the county might take back 18% of the money. In response, the Arcadia City Council voted to shift $100,000 from the Downtown Revitalization Program to the Housing Rehabilitation Program.
The Arcadia Planning Commission approved the development of a retail shopping center at the corner of Santa Anita Avenue and Duarte Road. The approval was made after determining that such a project would not cause adverse traffic congestion.
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.
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.
The Arcadia Redevelopment Agency is looking for developers to submit building proposals for 2 new major development projects on 5 acres of downtown property. The agency wants to house corporate headquarters, business and professional offices, retail stores and restaurants.
The Arcadia Redevelopment Agency may have to return $550,000 to the county unless it turns its funds into fixed assets. Sites in the redevelopment area being considered for purchase are described.