Most of Atlantic Square is to be leveled, to rise anew, this in the hopes of improving the quality services of our community, and to draw not only local shoppers, but also from surrounding communities. This investment is expected to yield for the city much needed property and sales tax dollars.
This redevelopment is an opportunity for Monterey Park to develop a beautiful and attractive shopping center--one that would entice shoppers because of its structural theme (Mediterranean) and quality goods. Buildings structured to complement the tenant's purpose, such as a restaurant, or a grocery store, or a sporting goods store, and not set in a linear structure along the strip, would attract tenants and shoppers alike.
Approximately two years ago Bob Champion, of Champion developers, submitted a development proposal to Monterey Park. He has during this time romanced the city into believing a cheap linear strip center, with the existing Thrifty drugstore, and a potential Ralphs market, and a possible national advertising "Big 5" sporting goods store as anchors for a possible 72 other tenants along this narrow strip of land, would yield the much needed property and sales tax revenue.
The developer's proposal totally ignores the environmental impact on adjacent residential properties. The sound level of trucks and the impact of truck traffic as it adversely affects home parking for those homes located behind the center on Riggin and Gerhart is not considered. To alleviate truck maneuvering, this proposal calls for red curbing on the residential side of Gerhart, leaving only driveway or garage parking for these homes. Here property value would plummet.