Shopping Centers : Work Started On Hollywood Center
Construction has begun on La Brea Center, a retail shopping center on 6,250 square feet at the northwest corner of La Brea and Hawthorn avenues in Hollywood.
The $1.5-million center is a project of Benco Development Group of Long Beach. Construction financing has been provided by Centennial Beneficial Mortgage and Jayport Construction of Santa Monica is the contractor.
When completed in November, the facility will provide eight retail spaces ranging from 600 to 1,200 square feet.
West Covina Village
West Covina Village will begin its second phase of construction, according to developer Hassen Development Co. of West Covina. The center is located on the northwest corner of Workman and Azusa avenues.
The shopping complex, valued at about $27 million, was designed by Millard Archuleta Associates of Los Angeles and will include a supermarket, major store building and satellite building pads.
Garden Grove Plaza
San Val Development Corp. of Sherman Oaks has started construction at Garden Grove Shopping Plaza, a 146,000-square-foot neighborhood retail project at the northeast corner of Westminster Avenue and Brookhurst Street, Garden Grove.
The development was designed by Herbert Nadel & Partners and the leasing agent is Coldwell Banker Commercial Real Estate Services. The center is slated for an opening in the fall.
Plaza de Monterey
Construction is under way on Plaza de Monterey, the newest Carver Companies’ neighborhood shopping center, at Country Club Drive and Monterey Avenue in Palm Desert.
The $9-million plaza was designed by Bernard K. K. Leung & Associates and will be anchored by a 47,000-square-foot Lucky Store and a Mobil Oil station.
Planned Development
Seven acres of raw land, located at the intersection of Archibald and Riverside avenues in Ontario, have been purchased for construction of a $6-million, 80,000-square-foot neighborhood shopping center, according to Grubb & Ellis Commercial Brokerage Services.
The land was purchased from Alpha Beta Co. by Carlton, Brown & Co. of Costa Mesa and venture partner Occidental Land Research Development Fund II of Diamond Bar. Ground breaking is slated this fall.
