Marlton Square demolition to start in two weeks, Councilman Parks says

The vacant and derelict buildings along Martin Luther King Boulevard in Santa Barbara Plaza, also known as Marlton Square, will be torn down and removed beginning the second week of July, according to Councilman Bernard Parks.

 

The city owns all but two of the parcels, Oran Belgrave's art house/radio station and Jerry's Flying Fox. The city made its last big purchase in the summer of 2010 when it bought the Maranatha Church after Rev. Billy Graham died.

 

Click on the interactive graphic by Brian Frank to find out the ownership and history.

The property - the size of 20 football fields - has been largely abandoned for 20 years as the city failed to negotiate a redevelopment deal. The business problems were further complicated when not only the city-chosen developer declared bankruptcy, but the bank that financed the operation declared bankruptcy. That financial entanglement still effects the properties to the south along Santa Rosalia and west along Marlton, though Park.

 

Parks also stated the construction activity resumed June 27 at the senior housing site on Buckingham. Parks anticipateds the long-stalled, half-finished project will be completed by 2012.The city is under federal mandate to finish the senior housing or return several million dollars to Housing and Urban Development.

 

"I expect the project will be fully occupied within 2 months after completion, approximately February 2012," Parks stated.

 

During his re-election run in  February, Parks made a similar announcement without a timeline attached - Parks stated that Commercial Mortgage Managers was selected to act as the servicing agent and the company plans to raise capital for demolition of Marlton Square and then sell the entire property to a qualified developer.

 Call Dennis R. at 2134737008 in Councilman Parks' office for more info.

* denotes a new entry

Views: 231

Comment

You need to be a member of Leimert Park Beat to add comments!

Join Leimert Park Beat

Comment by AJea L on July 8, 2011 at 8:51pm
... Whoa Eddie! this is very good news... Good Job.

Leimert Park Beat is the news and social network for Leimert Park and the surrounding neighborhoods. Stay informed. Join now!

 

• Got news you think everyone should know? Blog it.

• Have a show or attending a benefit? Put it on the calendar.
• Video of the big game? Embed it.
• Photos of your business or the school play? Upload them.

WHAT STORIES WOULD YOU SUGGEST? Let me know.

With your help, LeimertParkBeat.com raised money to hire reporters, graphic artists and community members to cover our area.
Read the stories - Urban Economy 411, Redevelopment Hell and One of these don't belong.

Latest Activity

Dr. Angela Butts Chester posted a blog post

Worlds Leaders Magazine Interviews Dr. Angela Butts Chester

Supporting Empowerment and Fulfillment through Empathic LeadershipDr. Angela Butts Chester epitomizes empathic leadership, viewing it as more than just a means to accomplish tasks and achieve goals—it’s about prioritizing people. With a deep-seated…See More
Feb 19
Dr. Angela Butts Chester posted a blog post
Feb 12
Mistah Wilson posted events
Jan 20
Dr. Angela Butts Chester posted a blog post

PASSIONEER Magazine | January 2024

Welcome to our latest issue of PASSIONEER Magazine where we unravel the secrets to thriving in the winter months with a focus on wellness, style, and unwavering resilience. In this edition, we delve into the unique challenges posed by winter and…See More
Jan 18
SPMG Media posted a blog post
Jan 5
Stevie Mack posted a blog post

Comedian Stevie Mack at Flappers Comedy Club

Stevie Mack performing #standup #comedy at @FlappersComedy Club Sun. Jan 21st @ 5pm FLAPPERS MAIN ROOM 102 E Magnolia Blvd, Burbank, CA 91502 Tix/Details: Link: http://flc.cc/X8JJ7KN…See More
Jan 3
Dr. Angela Butts Chester posted a blog post

Thinkers360's 50 Books to Read in 2024 Includes Thought Leader Dr. Angela Chester

🙌 Wow! What an honor to be recognized by Thinkers360! 📚 I'm thrilled to share that their curated selection of 50 books on business, technology, and sustainability from Thinkers360 member thought leaders has been featured. 🌐✨A big thank you to the…See More
Dec 21, 2023
Dr. Angela Butts Chester posted a blog post

AUTHORITY MAGAZINE: 5 Ways Empathy Will Affect Your Leadership

Empathy, the ability to understand and share the feelings of another, is increasingly recognized as a pivotal leadership…See More
Nov 15, 2023

© 2024   Created by enhager.   Powered by

Badges  |  Report an Issue  |  Terms of Service