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Emkay Development Co

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BUSINESS
March 17, 1989 | Michael Flagg, Times staff writer
Decristo/Kassardjian, an Irvine developer, bought 4.8 acres at Alicia and Jeronimo streets in Mission Viejo for $3.1 million. Selling was Highpark Associates, a joint venture of Emkay Development Co. and Chevron Land Development. The developer plans to erect office buildings on the site.
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BUSINESS
March 17, 1989 | Michael Flagg, Times staff writer
Decristo/Kassardjian, an Irvine developer, bought 4.8 acres at Alicia and Jeronimo streets in Mission Viejo for $3.1 million. Selling was Highpark Associates, a joint venture of Emkay Development Co. and Chevron Land Development. The developer plans to erect office buildings on the site.
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REAL ESTATE
October 6, 1985
Construction is under way on HighPark Center, a $6.5-million project at 23436 and 23456 Madero St., Mission Viejo. Irvine-based Saffell & McAdam Inc. is building the 72,035-square-foot center, which is the first project in the $200-million HighPark business complex. The center is a development of HighPark Associates of Newport Beach in joint venture with Emkay Development Co. and Chevron Land & Development Co.
NEWS
April 21, 1988
Work has begun on a $33-million redevelopment project on 11.5 acres at Huntington Drive and 5th Avenue. The site will be occupied by a 132-room Hampton Inn, a 120-room Residence Inn, a Souplantation restaurant and a pair of two-story office buildings. The Arcadia Redevelopment Agency, which bought the property for $8.7 million, sold the land to Emkay Development Co. of Newport Beach for $5.5 million.
NEWS
September 12, 1993
The City Council is seeking to make the northeast corner of 2nd Avenue and Santa Clara Street the site of a club membership super store. In closed session Tuesday, the council agreed to begin negotiations to buy the land and begin negotiations with Costco. According to city documents, John Bell of Western Security Bank, Emkay Development Co. and officials from the county public works department are taking part in the negotiations.
NEWS
May 8, 1986
The Arcadia City Council, acting as the Redevelopment Agency, has voted to meet with Emkay Development Co. to discuss its proposal for the 3rd Avenue/Huntington Drive North Side project. Emkay has proposed a 176-room, 139,600-square-foot, seven-story hotel; a 9,600-square-foot restaurant; and three office buildings containing 86,520 square feet.
REAL ESTATE
November 29, 1987
Shuwa Investments Corp. of Los Angeles has purchased a 155,000-square-foot office tower in Irvine in a transaction valued at more than $40 million, and an 83,735-square-foot structure in Newport Beach valued at $25 million. Formerly known as Crocker Tower, the Irvine building at 1900 MacArthur Blvd. is currently occupied by Merrill Lynch & Shearson Lehman/American Express.
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