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Ratkovich Plans $9.6M Center

ALHAMBRA, CA-The Los Angeles developer submitted plans to the City of

By Bob Howard | Updated on August 28, 2002

ALHAMBRA, CA-The Ratkovich Co. of Los Angeles has submitted plans tothe City of Alhambra for a 38,000-sf, $9.6 million neighborhood retailcenter across the street from Ratkovich’s The Alhambra, a 45-acre officecampus on Fremont Avenue at Mission Avenue.

The Alhambra City Council, sitting as the city’s redevelopment agency, isscheduled to review the new project Sept. 9.

President Wayne Ratkovich says the company is now using the vacant,6.9-acre site as additional parking for its office tenants. Once theretail project is complete, he says, tenants in the office park will be able to walk across a pedestrian bridge over Fremont Avenue tothe shopping center. The new center will occupy four acres of the site,with the rest to remain parking for the time being, although Ratkovichsays he may some day want to build additional stores, offices or housingon that property.

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