Post by kau on May 23, 2004 8:08:41 GMT -8
Hello Mtn. Cove Investment Club Members & Residents,
I just came up with an idea today, and was wondering what you guys think of it. Please read below. Thank you.
Lester
_____________________________________________________________________________________
Location: The Southern portion of the proposed “truck route” from Foothill Blvd, going North, along the river, to Sierra Madre
Idea: Create a new shopping district along the river. On the Southern section of this new road, build a Boardwalk along the road, on the opposite side of the river. So from West to East, it would be the San Gabriel River (just north of Foothill/Huntington), pocket parks, the new road, and the boardwalk with shops, and then the current Vulcan Materials property. The new buildings would be owned by the owners of the businesses that have them in order to develop long term, sustainable businesses, instead of a situation where the rents just keep going up and up and the creative stores are thrown out, resulting in big corporate chain stores. This property is currently in the City of Azusa and I think that it may be owned by the city.
Possible development names: Route 66 Boardwalk, Along The River Boardwalk, River Canyon Village, River Village Shoppes, Canyon River Plaza, River View Plaza.
Types of stores: sidewalk cafes, fine restaurants, specialty clothing shops, day spa, yoga studio, gift shops, garden shops, bicycle shops, bike rentals, a hiking store, health food restaurant, art galleries, craft shops, bookstores, juice bars, tennis/golf shop, swimsuit store, jewelry stores, designer shops, nature store/green store, luxury bedding, chocolate shop, candy store, hand blown glass shops, garden shops, sun glasses store, entertainment, bed and breakfasts, french bakery, some professional office space on second story, fair trade gift store, wild bird supplies shop, handmade pottery shop, cookware/gourmet shop, organic coffee/tea shop, etc.
In addition to the stores: pocket parks, with places for children to play. Seating areas that are designed to encourage communication with each other residents.
I would like to see the stores be filled with small mom and pop stores. Large corporations should be discouraged, possibly by requiring them to pay much higher taxes based on annual sales of the company/corporation (not just the store sales) and very low taxes for small companies (annual corporate/company sales of less than $5 or 10 million a year). The city of Claremont as well as many small downtowns try very hard to support small businesses and not allow huge corporations to destroy the other businesses. I have seen it happen time and time again. A shopping area will be redeveloped with creative innovative stores, and then the land owners keep increasing the rents, and push out the original stores for chain stores that you can find every where else. It makes the shopping less interesting for the shoppers, and is not really fair to the stores that rebuilt the area into a popular shopping area. Instead, I would recommend encouraging the stores to own their own properties, whether as a type of condo store project, or as each owner owning separate pieces of land. This kind of situation will encourage creative and innovative businesses to be there for the long term. In Europe, you can find wonderful stores that have had the same location for hundreds of years, because they own the property they are on. You do not normally see this in the US because most stores rent in shopping centers, and they are constantly going in and out of business, with businesses having trouble meeting the continiously increasing rent.
Benefits:
It would be a high quality shopping area next to the river that cannot be found anywhere else in the valley. People love to shop along the water at the beach I think that people in the area would appreciate the opportunity to shop at quality shops along the river. Many good businesses in other areas may want to relocate here because they will not have ever increasing rents. It has become a major problem for stores in Monrovia, old Padadena, etc.
It would provide much needed continuous additional sales tax dollars to the city.
If the city currently owns the property, the city can sell the lots to the business owners, which will pay for the roads, utilities, and should still leave the city with additional funds.
It would beautify an area that needs to be redeveloped and it would make the quarry less noticable from that side of the quarry.
It would provide more local jobs.
It would give people an opportunity to build small retail businesses in the area they live without having to deal with the costs, controversy, and time necessary to tear down an existing building and rebuild.
It would not be competing directly with other shopping areas in Azusa, including downtown Azusa and the Foothill Center because both of these other areas are being designed to be focused on local neighborhood shopping. This project near the river would be focused as a regional shopping area, which would have different type of stores, that could not be survive in a neighborhood shopping center.
Being that the property is located next to the bike trail, some of the shoppers and employees can arrive on bike from the bike trail. Another possibility, when the gold line extension has been completed, is to have the center pay for trolly rides from the station to the center. Maybe the trolly could come from Rosemead Blvd to the shopping area until the Gold Line extension has been completed.
Encourages tourists to visit and spend money.
Here is a web site of a place with shops along a river: www.theoldmill.com/theshops/index.htm
Shopping near the ocean which may give you an idea of the level of quality of shops that should be considered: www.delmarplaza.com,
www.go2lajolla.com/shopping.htm,
www.montanaave.com/,
www.carmelshopping.com/,
www.balboa-island.com/,
www.spvillage.com/shopping/index.php,
www.kennebunkport.com/shoppn99.html
Questions:
Is this possible? Is this something that the city would consider doing? Would there be support for this in the city? Would this be a good investment? Is this feasible?
I just came up with an idea today, and was wondering what you guys think of it. Please read below. Thank you.
Lester
_____________________________________________________________________________________
Location: The Southern portion of the proposed “truck route” from Foothill Blvd, going North, along the river, to Sierra Madre
Idea: Create a new shopping district along the river. On the Southern section of this new road, build a Boardwalk along the road, on the opposite side of the river. So from West to East, it would be the San Gabriel River (just north of Foothill/Huntington), pocket parks, the new road, and the boardwalk with shops, and then the current Vulcan Materials property. The new buildings would be owned by the owners of the businesses that have them in order to develop long term, sustainable businesses, instead of a situation where the rents just keep going up and up and the creative stores are thrown out, resulting in big corporate chain stores. This property is currently in the City of Azusa and I think that it may be owned by the city.
Possible development names: Route 66 Boardwalk, Along The River Boardwalk, River Canyon Village, River Village Shoppes, Canyon River Plaza, River View Plaza.
Types of stores: sidewalk cafes, fine restaurants, specialty clothing shops, day spa, yoga studio, gift shops, garden shops, bicycle shops, bike rentals, a hiking store, health food restaurant, art galleries, craft shops, bookstores, juice bars, tennis/golf shop, swimsuit store, jewelry stores, designer shops, nature store/green store, luxury bedding, chocolate shop, candy store, hand blown glass shops, garden shops, sun glasses store, entertainment, bed and breakfasts, french bakery, some professional office space on second story, fair trade gift store, wild bird supplies shop, handmade pottery shop, cookware/gourmet shop, organic coffee/tea shop, etc.
In addition to the stores: pocket parks, with places for children to play. Seating areas that are designed to encourage communication with each other residents.
I would like to see the stores be filled with small mom and pop stores. Large corporations should be discouraged, possibly by requiring them to pay much higher taxes based on annual sales of the company/corporation (not just the store sales) and very low taxes for small companies (annual corporate/company sales of less than $5 or 10 million a year). The city of Claremont as well as many small downtowns try very hard to support small businesses and not allow huge corporations to destroy the other businesses. I have seen it happen time and time again. A shopping area will be redeveloped with creative innovative stores, and then the land owners keep increasing the rents, and push out the original stores for chain stores that you can find every where else. It makes the shopping less interesting for the shoppers, and is not really fair to the stores that rebuilt the area into a popular shopping area. Instead, I would recommend encouraging the stores to own their own properties, whether as a type of condo store project, or as each owner owning separate pieces of land. This kind of situation will encourage creative and innovative businesses to be there for the long term. In Europe, you can find wonderful stores that have had the same location for hundreds of years, because they own the property they are on. You do not normally see this in the US because most stores rent in shopping centers, and they are constantly going in and out of business, with businesses having trouble meeting the continiously increasing rent.
Benefits:
It would be a high quality shopping area next to the river that cannot be found anywhere else in the valley. People love to shop along the water at the beach I think that people in the area would appreciate the opportunity to shop at quality shops along the river. Many good businesses in other areas may want to relocate here because they will not have ever increasing rents. It has become a major problem for stores in Monrovia, old Padadena, etc.
It would provide much needed continuous additional sales tax dollars to the city.
If the city currently owns the property, the city can sell the lots to the business owners, which will pay for the roads, utilities, and should still leave the city with additional funds.
It would beautify an area that needs to be redeveloped and it would make the quarry less noticable from that side of the quarry.
It would provide more local jobs.
It would give people an opportunity to build small retail businesses in the area they live without having to deal with the costs, controversy, and time necessary to tear down an existing building and rebuild.
It would not be competing directly with other shopping areas in Azusa, including downtown Azusa and the Foothill Center because both of these other areas are being designed to be focused on local neighborhood shopping. This project near the river would be focused as a regional shopping area, which would have different type of stores, that could not be survive in a neighborhood shopping center.
Being that the property is located next to the bike trail, some of the shoppers and employees can arrive on bike from the bike trail. Another possibility, when the gold line extension has been completed, is to have the center pay for trolly rides from the station to the center. Maybe the trolly could come from Rosemead Blvd to the shopping area until the Gold Line extension has been completed.
Encourages tourists to visit and spend money.
Here is a web site of a place with shops along a river: www.theoldmill.com/theshops/index.htm
Shopping near the ocean which may give you an idea of the level of quality of shops that should be considered: www.delmarplaza.com,
www.go2lajolla.com/shopping.htm,
www.montanaave.com/,
www.carmelshopping.com/,
www.balboa-island.com/,
www.spvillage.com/shopping/index.php,
www.kennebunkport.com/shoppn99.html
Questions:
Is this possible? Is this something that the city would consider doing? Would there be support for this in the city? Would this be a good investment? Is this feasible?
