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 Completed Economic Renewal Projects


LIST OF COMPLETED DEVELOPMENT/REDEVELOPMENT PROJECTS 
Alhambra has undergone tremendous changes in recent years and more efforts are underway. The City's downtown features a vibrant gathering place of restaurants, shopping and entertainment venues, service and retail establishments, and mixed use residential/ commercial buildings. Public parking is free and financial assistance is available for purchase or subsidies, building renovation and tenant improvements. Much of the funding has been made available through HUD CDBG monies and Section 108 assistance. 
 

 
38° Ale House & Grill
100 West Main Street

- Project Completed: 1996 & 2009
- Restaurant Entrepreneurs: 
  Mike & Chuck Fata
- Agency Assistance: 
  Recruited tenant and provided
  a forgivable $425,000 
  loan for tenant improvements
- Estimated Jobs Created: 42

 

 
 
 
Commercial Development
2121 West Main Street

- 42,793 SF shopping center 
  (Fresh & Easy Market, Chipotle
 
Mexican Grill, The Flame Broiler,
  Chase Bank and Howard's
  Appliance & Flat Screen 
  Superstore)
- Completed 2009
- Developer: Panattoni Development
- Agency Assistance: City expedited
  entitlements and Agency assisted
  recruiting tenants
- Estimated Jobs Created: 54

 

 
Alhambra Civic Center Library
101 South First Street 

- 45,000 SF facility completed in 2008
- Two levels of subterranean parking
- Substantial book & periodical
  collection, workshops/events,
  tutorial classes, internet &
  technology services

- Architect: Charles Walton Assoc.
  AIA, Inc. (CWA AIA)
- Contractor: Sinanian Dev., Inc.
- Welcomed millionth visitor
  (Fall 2010)
- Agency Assistance: $25,000,000
  Agency tax increment bonds
- Project Value: $28,300,000
 

  
 
Alhambra Courtyard Plaza
345 East Main Street

- 50,065 SF shopping center
  (Ralphs Market, Auto Club
  of Southern California,
  Game Stop
 and other tenants)
- Project Completed: 1995
- Developer: Camden Group, LTD
- Agency Assistance: $5,000,000
  for property acquisition and
  relocation of tenants from
  deteriorated buildings
- Estimated Jobs Created: 151

 
  

 
"Alhambra Gateway"
Condominium Project
Bay State & Commonwealth
Top Photo: Commonwealth
Lower Photo: Bay State

- Property - 2.69 acres
  129 units include
split level lofts,
  loft flats, studio flats & townhomes
- Project Completed: 2006
- Developer: The Olson Company
- City/Agency Assistance: 
  Facilitated and expedited
  entitlements
- Property Tax: $577,270 per year

 
 
 
  
 
Alhambra Regency Plaza
Mixed-Use Development
500 West Main Street

- Six-story development with 
  80 residential condos +
  22,000 SF of retail space
  (Lunasia Chinese Cuisine, 
  Toros Japanese Seafood,
  Tea Station, HSBC Bank, UPS)
- Project Completed: 2005
- Developer: Alhambra Regency,
  LTD
- Agency Assistance: Maximum of
  $100,000 in property tax rebates
- Estimated Jobs Created: 44

   

 
Alhambra Renaissance Plaza
Edwards Stadium 14 Theater 

- 2004 CRA AWARD WINNER: 
 
"Public Spaces & Linkages"
- 3,400 SF state-of-the-art movie
  theater
with IMAX screens,
  restaurants (Applebees's, 
  Temptations Chocolate Factory,
  Panda Express)
- Project Completed: 2002
- Assessed Value: $30 million
- Redevelopment Assistance: 
   $1,200,000

 

  

 
Alhambra Renaissance Plaza
Applebee's Neighborhood Grill & Bar
 (NE corner of Main & Garfield)

(2004 CRA AWARD WINNER!
"Public Spaces & Linkages")

 
 
 
Alhambra Renaissance Plaza
Panda Express Restaurant
NE corner of Main & Garfield

(2004 CRA AWARD WINNER!
"Public Spaces & Linkages")

 

 
Alhambra Renaissance Plaza
Temptations Chocolate Factory
NE corner of Main & Garfield

(2004 CRA AWARD WINNER!
"Public Spaces & Linkages")

 
  

 
Alhambra Chrysler, Dodge, Jeep
1100 West Main Street

- Agency assisted dealership
  to obtain needed permits to
  construct its new showroom

 
  

 
Alhambra Volkswagen
1811 West Main Street

- Dealership comprised of an 
  18,000 SF full-
service building/
  showroom on
 a 104,000 SF lot
- Project Completed: July 2010
- Agency Assistance: $1,300,000
- Estimated Jobs Created:
  60-80 full-time
  
 
Alondra Hot Wings Restaurant
33 West Main Street

- Fourth in a small growing chain
- Winner of "California Small Business
  of the Year" award for District
  #30 from the California Small
  Business Association
- Project Completed: 2009
- Restaurant Entreneuers: Garo, Harout
  & Danny Kazarian
- Agency Assistance: Agency 
  orchestrated and expedited
  entitlements for the project
- Estimated Jobs Created: 45

 
  

 
Ambiente Restaurant/Nightclub
45 S. Garfield Ave.

- Caribbean/Latin/California Cuisine
- Property had been vacant for 2 years
- Agency Assistance: $250,000 to offset
  major remodeling costs:; $50,000
  initial payment, plus rental assistance
   of $10,000 per month for 20 months

- Estimated Jobs Created: 15

 

 

 
Atherton Baptist Homes
Courtyard at Atherton
625 W. Commonwealth Ave.

- Senior Residential Community
   located on the 15-acre campus of
   Atherton Baptist Homes.
- Comprised of 50 luxurious,
  independent living apartments
  with underground parking.
- Estimated Market Value at
  Completion: $20 million

 

 

 
Azul Bar & Nightclub
127-129 W. Main St.

- Agency recruited a bar/nightclub
  and provided financial assistance
  for improving and remodeling the
  property, which had been vacant
  for 3 years
- Project Completed: 2003
- Business Entrepreneurs: Richard
  Valenzuela & Alfred Campano
- Agency Assistance: $312,000
- Estimated Jobs Created: 20

 
 
Blitz Ultra Lounge
45 S. Garfield Ave.

- Entertainment lounge with live
  music and entertainment &
  dancing 
- Project Completed: 2003
- Business Entrepreneurs: 
  Luis Moreno & Joseph Caldera
- Agency Assistance: $149,550
- Estimated Jobs Created: 15
 

 

 
BOTECO BRAZILIAN
RESTAURANT/BAR/LOUNGE
28 W. Main St.

- Agency was instrumental in
  soliciting the restaurant to join
  Alhambra's Downtown
  businesses

 

 
CB After Dark
24 West Main Street

- Cuban-style tapas bar
- Offers unique entertainment and
  dining opportunity with jukebox 
  and Latin-inspired menu
- Project Completed: July 2010
- Restaurant Entrepreneur: 24 West
  Main Street LLC
- Assistance: $200,000 for tenant
  improvements to 1,951 SF
building
- Estimated Jobs Created: 17

  

 
Charlie's Trio Italian Café
47 West Main Street

- Agency purchased and remodeled
  building for Charlie's Trio Café,
  the first restaurant in Downtown
  Restaurant Row. Sold property to 
  restaurant entreprenuers Mike &
  Chuck Fata in 2002.
- Project Completed: February 1998
- Agency Assistance: $250,000
  (CDBG funds) 

- Estimated Jobs Created: 27

 
 

 
Costco Expansion
2207 Commonwealth Ave.

- Membership retail store (formerly
 
 Price Club) commenced operations
  in 1987 and expanded store in
  2004 from 127,000 to 157,312 SF
- Agency Assistance: Over the life
  of the project, Costco may receive
  up to $3,600,000 in annual tax
  reimbursement payments
 
 

 


Crane Sushi Japanese Cuisine
17 W. Main St.



(Not a City/Agency project)

 

 

 
CVS/pharmacy & Chase Bank
808-816 E. Main Street
 
(Not a City/Agency Project)

 

 
Diner on Main
201 West Main Street

- Purchased in 2004 for $850,000
- Agency provided tenant improvement
  assistance to improve & remodel
  building for 50s-style American diner
- Project Completed: 2003
- Restaurant Entrepreneurs:
  David Yost & Randy Hoffman
- Agency Assistance: $364,000
- Estimated Jobs Created: 20

 

 
Empire Financial Center
Commercial Development
Valley & Chapel

- 55,011 sq. ft. building leased by
  East-West Bank as main tenant
- Building permit valuation:
  $5,906,448
- Not a City/Agency Project

  

 
Fremont Plaza
SE Corner Fremont & Commonwealth

- Former Sears building
- Agency-owned & rehabilitated 
- Agency secured/manages tenants:
  Taco Bell; El Pollo Loco, Toys'R'Us/
  Babies'R'Us; Petsmart; Party City
- Project Cost: $5,300,000 including
  land acquisition (Sect. 108 financing)
- Property Valuation: $18.5 million
- Lease Revenue to Agency: $1.2
  million per year + maintenance fees
- Received "John J. Gunther Blue
  Ribbon Practices in Community
  Development" Award 

 

 
Fronteras Mexican Restaurant
111 West Main Street

- Agency invited Alhambra restaurant
  entrepreneurs Richard Valenzuela &
  Alfred Campano to open a Mexican
  restaurant in the Downtown.
- Features Mexican cuisine, happy
  hour, evening dancing, entertainment
- Project Completed: 2006
- Agency Assistance: $275,000 for
  tenant improvements
- Estimated Jobs Created: 20

 

 
Havana House
133 W. Main St.

- Vacant for nearly 6 years 
- Property owner received agency
  assistance for tenant improvements
  and facade enhancements.
- Space leased to Havana House,
  a cigar lounge offering live
  entertainment
- Project Completed: 2001
- Entrepreneurs:
  Richard Valenzuela & Alfred Campano
- Estimated Jobs Created: 15 
 

 
 

 
Home Depot
500 S. Marengo Ave.

- Project Completed: 1994
- Agency recruited tenant
  and expedited processing of plans
- Estimated Jobs Created: 300

 


Kohl's Dept. Store

1201 S. Fremont Ave. 

- Agency entered into an Owner
  Particpation Agreement with Kohl's
 
 Dept. Stores, Inc., to provide financial
  assistance to offset acquisition and
  construction costs. The Ratkovich
  Co. sold 4 acres to Kohl's. The

  remaining acreage was developed
  with complimentary retail shops.

- Project Completed: 2005
- Agency Assistance: $1,000,000
- Estimated Jobs Created: 200

  

 
L.A. Fitness Facility at
The Alhambra Complex
on Fremont Avenue

- Agency/developer created
  public/private partnership in
  early 1990s to create a vibrant
  urban community and business
  park with supporting commercial
  development.
- Plans approved In 2009 for a
  mixed-use development to include
  311 condominiums

- L.A. Fitness Completed: 2009
- Estimated Jobs Created: 20

 

 
Lovebird's Cafe & Bakery
10 South First Street

- Agency recruited business and
  provided financial assistance to pay
  for a portion of the costs to remodel
  and upgrade a former bank building
- Completed: 1998
- Restaurant Entrepreneur: Cindy Kim
- Agency Assistance: $48,713 for
  tenant improvements
- Estimated Jobs Created: 14

 
 
Mosaic Lizard Theater
112 & 116 W. Main Street

- 50-seat live performance theater
  featuring evening & matinee
  performances and workshops 
- Project Completion: January 2011
- Agency provided $138,000 from
  Arts in Public Places Fund for
  tenant
improvements plus
  $1.00 per year rent, 2010-2015
- Rent Revenue to Agency: $150,120
  from commencement of significant
  rent
 (2015-2020)

  

 
Mahan Indian Restaurant

110 W. Main St.

- Agency assisted with relocation
  and provided $200,000 for
  tenant 
improvements to Agency-
  owned building, including installation
  of specialized kitchen equipment

- Completion: January 2009
- Restaurant Entrepreneur:
  Manjit Singh

- Estimated Jobs Retained: 8

 

 
Main Street Plaza

701-725 East Main Street

- Agency provided $250,000 for
  building renovation
- Tenants: Smart and Final, Quizno's
  Subs, Little Caesar's Pizza & others
- Project Completion: 1998
- Original Developer: 
  KMI Real Estate Group
- Current Owner: G&R LLC 
 
- Estimated Jobs Created: 60

 

 
Medical Office Condominiums

723 North Garfield(Not a City/Agency Project)
 

 
Medium Rare+
Casual Steakhouse
39 West Main Street

- Agency provided $113,000 for  
  tenant improvements

 
  

 
New Century BMW
Northwest Corner of
Main & Atlantic

- Agency provided $239,724 over
  20 years  towards a new
  150,000 SF state-of the-art BMW
  dealership, relocated to the
  gateway of Auto Row
- Project Completed: Fall 2006
- Estimated Jobs Created: 90

 

 
Pacific Orthopedic Center 
Medical Offices
701 S. Garfield Ave.

- $7 million project is comprised of
  offices for orthopedic medicine 
  and surgery.
- Not a City/Agency Project

  

 
Perfectly Sweet
Fine Desserts & Coffee
126 West Main Street

- Agency recruited bakery for Agency-
  owned property. Entrepreneur crafts
  homemade pastries and desserts for
  retail/wholesale customers 
- Project Completed: 1998
- Agency Assistance: $158,000 for
  tenant improvements
- Rent to Agency: $29,040 per year

  

 
Plaza on Main
NE Corner of Main & Fourth St.

- 2000 CRA Award & HUD J. Gunther
  Blue Ribbon Award
- Mixed-use development: 110
  senior apartments, Denny's
  Restaurant and 3,600 SF of retail
- Project Completed: 1999
- Developer: EMC Financial Corp.
- Agency provided housing tax 
  credits, tax-exempt housing bonds,
  and $1,875,000 of Redevelopment
 
 Housing Funds
- Estimated Jobs Created: 30

  

 
Ross Dress-For-Less
201 East Main Street

- Rehabilitated and leased to
  Ross-Dress-For-Less after having
  been vacant for 15+ years
- Project Completed: 2000
- Agency recruited tenant and
  provided $433,000 for tenant
  improvements
- Estimated Jobs Created: 35

  

 
Savon Drug Store (Now CVS)
Southeast Corner of
Valley & Atlantic
 
(Not a City/Agency Project)

 
 
Senor Fish
115 West Main Street

- Agency recruited a fish taqueria
  serving healthy Mexican food,
 
  providing $110,000 for tenant
  improvements as an incentive to
  offset remodeling costs of a
  deteriorated building
- Project Completed: 1998
- Restaurant Entrepreneurs:
  Enrique Ramirez and Don Tahara
- Estimated Jobs Created: 7

  

 
Shanghai Commercial Bank Ltd.
Valley & Chapel

- 12,500 sq. ft. facility
- Building permit valuation:
  $1,068,125
- Not a City/Agency Project)

  

 
Shops at the Alhambra
Fremont & Mission 

- $10 million retail center 
- 17,750 SF of space leased to 
  Starbucks, Jamba Juice, Subway,
  Just Grillin', Pick Up Stix and Nextel
- Not a City/Agency Project

  

 
Starbuck's / Coldstone Creamery /Shaka's Hawaiian Cuisine,
101 West Main Street

- Agency leased building for 20+
  years, recruited 3 tenants, made
  tenant improvements and
  subleased premises to the tenants

- Project Completed: 1996
- Total Business Assistance: $136,000
- Tenants: Starbuck's Coffee,
  Coldstone Creamery and Shaka's
  Hawaiian Cuisine
- Annual ARA Lease on Building:
  $48,612 paid to property
- ARA Collection of Rent: $112,402
- Estimated Jobs Created: 17

 

 
Subway
116 West Main Street

- Agency assisted with relocation/
  lease of Agency-owned property,
  providing $89,500 in tenant
  improvements applied as a credit
  towards rent payments. Provided
  $30,000 for upgrades to the HVAC
  & electrical, and installation of a
  new grease interceptor.
- Project Completed: 2009
- Estimated Jobs Retained: 8

 

 
Target Store
2120 West Main Street 
 
- Renovation/expansion included
  new grocery component.
- Value of upgrades: $5.67 million

  

 
The Boiling Crab
33 West Main Street

- Agency provided $350,000 in tenant 
  and facade improvements to previous
  tenant.
- Agency facilitated placement of The
  Boiling Crab on Main Street
- Specialty: Cajun-style seafood
- Second location in Alhambra
- Entrepreneurs: Vong and Le Mekdara
- Estimated Jobs Created: 8

 
  

 
The Granada
17 S. First St.

- Agency provided $350,000 to
  improve and remodel 15,000 SF
  building with a dance studio, dance
  club and Portuguese fusion
  restaurant
- Project Completed: 2004
- Estimated Jobs Created: 10

 
  

 
CURRENTLY AVAILABLE
68 West Main Street

 

 
Toy's'R'Us/Babies'R'Us
2500 W. Commonwealth Ave.

- Agency amended/extended original
  Toys'R'Us lease and provided 
  allowance for improvements for
  addition of Babies'R'Us tenancy
- Project Completed: 2010
- Agency/Landlord Assistance:
  $500,000 for tenant improvements
- Rent Revenue to Agency: Increased
  rent from $408,375 to $492,111 per
  year commencing Sept. 1, 2010 and
  ending Jan. 31, 2011, increasing
  every 5 years until lease expiration
  in 2037

 

 
Valley Boulevard
Retail Commercial Project
800 E. Valley Blvd.

(Not a City/Agency Project)

 

Vino at Trio's
10 N. First St.

- Wine tasting/retail lounge (est. 950 SF)
- Assistance: $50,000 for tenant 
  improvements, including upgrading
  exterior facade, new signage and
  awnings, window treatments, wine
  racks, sound system and security.

 
 

 
Walgreens Pharmacy
Main Street at Fremont Ave.

(Not a City/Agency Project)

 

 
Zen Terrace Condominiums
Commonwealth Ave. &
Atlantic Blvd.
 
(Not a City/Agency Project)

 


Alhambra City Hall, 111 South First Street, Alhambra, CA 91801; Phone: (626) 570-5007; Fax: (626) 576-8568
Hours: Monday-Friday, 8 a.m.-5 p.m.