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Majestic Realty Co

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BUSINESS
June 26, 2001 | BRAD BERTON, SPECIAL TO THE TIMES
Development giant Majestic Realty Co. is preparing to launch its 400-acre Grand Crossing business park in the firm's hometown, Industry. The first phase of the project, near the Pomona-Orange freeway interchange, will include industrial buildings of 770,000, 100,000 and 70,000 square feet, Majestic Vice President Hank Darnell said. The $25-million phase should be ready for occupancy early next year. Comerica Bank is providing construction financing.
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SPORTS
October 11, 2010 | Wire reports
Developers of a new NFL stadium on a hilly strip of land in the City of Industry are sketching out plans for a second high-profile use for the venue: World Cup soccer. Architects for Majestic Realty Co. said Monday they were tweaking the design of the stadium to incorporate field measurements and bleacher configurations based on guidelines from World Cup organizer FIFA, which wants a width of 68 meters (75 yards). The news came amid possible competition from sports and entertainment powerhouse AEG, which is deciding whether to build a stadium in downtown Los Angeles to lure an NFL franchise.
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BUSINESS
May 9, 2002 | From a Times staff writer
Majestic Realty Co., one of the nation's largest industrial and commercial real estate developers, named David A. Wheeler as president. Wheeler, 47, succeeds Edward P. Roski Jr., who will remain as chairman of the board and chief executive of the City of Industry-based company. Wheeler joined Majestic Realty in 1977 and has been involved in the development of some of the company's large master-planned business and industrial parks. Wheeler is also a member of the company's board.
BUSINESS
May 9, 2002 | From a Times staff writer
Majestic Realty Co., one of the nation's largest industrial and commercial real estate developers, named David A. Wheeler as president. Wheeler, 47, succeeds Edward P. Roski Jr., who will remain as chairman of the board and chief executive of the City of Industry-based company. Wheeler joined Majestic Realty in 1977 and has been involved in the development of some of the company's large master-planned business and industrial parks. Wheeler is also a member of the company's board.
CALIFORNIA | LOCAL
June 8, 2000
A coalition of environmental and community groups has appealed approval of a $40-million plan to turn an abandoned railroad yard near Chinatown into an industrial park. Joel Reynolds, a lead attorney for the Natural Resources Defense Council, said the Los Angeles Planning Department approved the project last month without considering alternatives.
CALIFORNIA | LOCAL
October 20, 1999
The City Council took the first steps Tuesday toward helping developers of the so-called Cornfield Project win a $10.5-million federal loan for the abandoned railroad property that once was considered a possible site for a new sports arena. The developer, Majestic Realty Co., owned by Ed Roski Jr., who built the new Staples Center downtown, is attempting to build an industrial park on the 50 acres near Dodger Stadium.
CALIFORNIA | LOCAL
July 26, 2000 | GEORGE RAMOS, TIMES STAFF WRITER
Over the objections of environmentalists, an $80-million industrial park proposed for an abandoned railroad yard next to Chinatown got a major boost Tuesday night when the project was approved by the Central Area Planning Commission. The 4-1 vote by the new board, formed July 1 as part of a city reform of such agencies, means that construction could begin at the 47-acre parcel, dubbed the Cornfield, by the end of the year, project officials said.
CALIFORNIA | LOCAL
February 3, 2000 | RICHARD WINTON, SPECIAL TO THE TIMES
Clearing the way for the last big ranch in the San Gabriel Valley to become a 400-acre industrial park, Industry has approved plans to move a vacant, historic mansion built by a local pioneer from the spread. For nearly a century, the imposing and somewhat rundown Craftsman home--built by former Sheriff Alvan Currier--has sat untouched by rampant development, which has converted Industry from scrawny farmland to a paradise of business.
CALIFORNIA | LOCAL
April 27, 2000 | GEORGE RAMOS, TIMES STAFF WRITER
An irrigation ditch believed to have been dug in 1781, when Los Angeles was founded, has been discovered in Chinatown by two amateur archeologists on the site of a $40-million project to turn an abandoned railroad yard into an industrial park. Environmentalists say the discovery of a five-foot portion of the Zanja Madre irrigation system is historically significant because it carried water to the infant El Pueblo de la Nuestra Senora de Los Angeles.
SPORTS
October 11, 2010 | Wire reports
Developers of a new NFL stadium on a hilly strip of land in the City of Industry are sketching out plans for a second high-profile use for the venue: World Cup soccer. Architects for Majestic Realty Co. said Monday they were tweaking the design of the stadium to incorporate field measurements and bleacher configurations based on guidelines from World Cup organizer FIFA, which wants a width of 68 meters (75 yards). The news came amid possible competition from sports and entertainment powerhouse AEG, which is deciding whether to build a stadium in downtown Los Angeles to lure an NFL franchise.
BUSINESS
June 26, 2001 | BRAD BERTON, SPECIAL TO THE TIMES
Development giant Majestic Realty Co. is preparing to launch its 400-acre Grand Crossing business park in the firm's hometown, Industry. The first phase of the project, near the Pomona-Orange freeway interchange, will include industrial buildings of 770,000, 100,000 and 70,000 square feet, Majestic Vice President Hank Darnell said. The $25-million phase should be ready for occupancy early next year. Comerica Bank is providing construction financing.
CALIFORNIA | LOCAL
July 26, 2000 | GEORGE RAMOS, TIMES STAFF WRITER
Over the objections of environmentalists, an $80-million industrial park proposed for an abandoned railroad yard next to Chinatown got a major boost Tuesday night when the project was approved by the Central Area Planning Commission. The 4-1 vote by the new board, formed July 1 as part of a city reform of such agencies, means that construction could begin at the 47-acre parcel, dubbed the Cornfield, by the end of the year, project officials said.
CALIFORNIA | LOCAL
June 8, 2000
A coalition of environmental and community groups has appealed approval of a $40-million plan to turn an abandoned railroad yard near Chinatown into an industrial park. Joel Reynolds, a lead attorney for the Natural Resources Defense Council, said the Los Angeles Planning Department approved the project last month without considering alternatives.
CALIFORNIA | LOCAL
April 27, 2000 | GEORGE RAMOS, TIMES STAFF WRITER
An irrigation ditch believed to have been dug in 1781, when Los Angeles was founded, has been discovered in Chinatown by two amateur archeologists on the site of a $40-million project to turn an abandoned railroad yard into an industrial park. Environmentalists say the discovery of a five-foot portion of the Zanja Madre irrigation system is historically significant because it carried water to the infant El Pueblo de la Nuestra Senora de Los Angeles.
CALIFORNIA | LOCAL
February 3, 2000 | RICHARD WINTON, SPECIAL TO THE TIMES
Clearing the way for the last big ranch in the San Gabriel Valley to become a 400-acre industrial park, Industry has approved plans to move a vacant, historic mansion built by a local pioneer from the spread. For nearly a century, the imposing and somewhat rundown Craftsman home--built by former Sheriff Alvan Currier--has sat untouched by rampant development, which has converted Industry from scrawny farmland to a paradise of business.
CALIFORNIA | LOCAL
October 20, 1999
The City Council took the first steps Tuesday toward helping developers of the so-called Cornfield Project win a $10.5-million federal loan for the abandoned railroad property that once was considered a possible site for a new sports arena. The developer, Majestic Realty Co., owned by Ed Roski Jr., who built the new Staples Center downtown, is attempting to build an industrial park on the 50 acres near Dodger Stadium.
REAL ESTATE
March 19, 1989
The recently completed 12-acre Yorba Industrial Center in Chino combines corporate offices and industrial facilities under one roof, reflecting a new direction for industrial parks, according to its developer, Majestic Realty Co. The $9-million project was designed and built by Commerce Construction Co. Inc., a wholly owned subsidiary of Majestic Realty Co. One of the three buildings in the center, a 50,000-square-foot facility, has been leased by Pacific Coast Laminates Inc.
REAL ESTATE
March 19, 1989
Majestic Realty Co., a real estate development firm, has purchased the Archibald Business Center, two industrial buildings on 16 acres in Ontario, from Golden West Equity Properties Inc. of Newport Beach. The purchase price was undisclosed, but industry sources estimate the value at about $10 million.
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