CREW Tabs Trio for 'Renaissance' Awards

LOS ANGELES-The local chapter of Commercial Real Estate Women will honor three developers tonight with the group’s “Renaissance Awards,” recognizing the trio of builders for their efforts to revitalize America’s second-largest city.

Revitalization specialist The Ratkovich Co. will be feted for “The Alhambra,” a retail and office project about five miles east of Downtown. The 45-acre site stood half-empty after an oil-services company relocated to Dallas in 1993, but Ratkovich bought it in late 1999 and launched a massive renovation plan that has turned the complex into a bustling center of commerce.

Ladera Shopping Center, developed by MacFarlane Partners, will also be honored by CREW LA. The retail development, on Slauson Avenue in West LA, has succeeded in bringing together shoppers from both the prosperous Westside and the less-affluent Inglewood and South-Central areas.