BIG 5 JOINS GALLERIA IN SUING GLENDALE.Byline: Naush Boghossian Staff Writer GLENDALE - Big 5 Corp. and its landlord have filed lawsuits against the city over its approval of Rick Caruso's Americana at Brand Americana at Brand will be a large outdoor shopping community in Glendale, California. The site is owned by Caruso Affiliated, who owns many other commercial properties such as The Grove at Farmers Market in Los Angeles, CA. mall. In doing so, they join owners of the Glendale Galleria - General Growth Properties General Growth Properties (NYSE: GGP) is a publicly traded real estate investment trust in the United States. It is based in Chicago, Illinois. History The company was founded by two brothers, Martin and Matthew Bucksbaum, in 1954. - in challenging the environmental impact report on the downtown project. Opponents claim the report does not adequately reflect impacts, liked planned road closures and traffic congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. . `We have no interest in having our property acquired by eminent domain eminent domain, the right of a government to force the owner of private property sell it if it is needed for a public use. The right is based on the doctrine that a sovereign state has dominion over all lands and buildings within its borders, which has its origins in ,'' said Arthur Fine, attorney for Better Foods Land Investment Co., which owns the Rite Aid and Big 5 site north of Harvard Street along Central Avenue. ``We're interested in continuing to own and lease our property just like we have over the past 25 years.'' The Rite Aid and Big 5 sites are in the path of the planned outdoor mall. The new suits, filed Wednesday and Thursday, claim the report is flawed and seek to have work halted on the mall project. Glendale officials, however, defend the report. ``We believe we have a complete and adequate EIR EIR n. popular acronym for environmental impact report, required by many states as part of the application to a county or city for approval of a land development or project. (See: environmental impact report) ,'' said Assistant City Attorney Gillian van Muyden. ``It was thoroughly researched and vetted and we stand behind it.'' General Growth and Caruso will be attending the International Council of Shopping Centers The International Council of Shopping Centers (ICSC) is an international trade association of the shopping center industry. The organization, founded in 1957, has 65,000 members worldwide, which include shopping center owners, developers and managers, as well as other individuals, spring convention next week in Las Vegas, Nev., and Glendale Mayor Bob Yousefian said Friday he is working to arrange a meeting between the rivals. General Growth has bankrolled a petition drive to require voter approval of the $264 million Rick Caruso center and has until Thursday to submit the required 8,117 signatures that would force a public referendum on its zoning. Naush Boghossian, (818) 546-3306 naush.boghossian(at)dailynews.com |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion