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.
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.