COST FOR OUTDOOR MALL CAMPAIGN $4.6 MILLION.Byline: Daily News GLENDALE - Developer Rick Caruso and 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. spent more than $4.6 million last year on the campaign for the $264 million downtown Glendale outdoor mall, which voters supported in a September referendum referendum, referral of proposed laws or constitutional amendments to the electorate for final approval. This direct form of legislation, along with the initiative, was known in Greece and other early democracies. . Caruso spent more than $2.6 million campaigning for his 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. outdoor mall. General Growth, owners of the rival Glendale Galleria The Glendale Galleria is a large 3 story regional shopping mall located in Glendale, Los Angeles County, California. It is the second largest mall in Los Angeles County. It is located in Downtown Glendale. , which would be adjacent to Caruso's 15.5-acre entertainment and dining center, spent more than $2 million to oppose the project. Each side spent money on consultants, direct mail campaigns, attorneys and television commercials. On Sept. 14, voters decided by a narrow margin to support zoning changes made by the City Council to allow the Americana mall, bounded by Brand Boulevard, Central Avenue and Colorado Street, to be constructed. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion