Published : Friday, July 7, 2017 | 5:40 AM
Pasadena residents get their first peek at plans for a proposed $60 million, seven-story, mixed-use project that includes a 139-room hotel set to rise on the southwest corner of North Lake Avenue and Union Street, currently a retail shopping center with three restaurants and several small businesses.
The 216,000 square-foot mixed-use project at 83 North Lake Avenue, which also includes 97 condominium units, and a total of 10,300 square-feet of restaurant commercial space, will be previewed at City Council on Monday night.
The project calls for the demolition of the existing commercial buildings to allow for the construction of the new buildings.
Developer Pacific Design Group is the architectural and design division of the Singpoli Capital Corporation, which is headquartered in the same block on the other side of the street.
Singpoli is also developing the nearby Dusit 2 Constance Hotel.
Tenants of the retail shopping center told Kevin Smith of the San Gabriel Valley Tribune in May they were on month-to-month leases but didn’t know when they were going to have to close.
Mike Arakelian, a Magic Cleaners employee, told Smith that this employer plans to move into a space across Union Street that had long been occupied by Avanti Restaurant and Bar. The Coco’s Restaurant will close.
Plans call for demolition and construction to start in 2018.