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August 23, 1987
Del E. Webb Corp. plans to build a $500-million, 3,100-unit Sun City retirement community in Las Vegas that will house about 5,600 people over the age of 45 when completed in the mid-1990s. Construction at the site, about eight miles northwest of downtown Las Vegas, will begin by the end of this year. The first homes are expected to go on sale in November, 1988, with prices ranging from $70,000 to $150,000.
January 22, 1987
The county Board of Supervisors has directed the Public Works Department to establish an assessment district to finance construction of a four-lane bypass to relieve traffic congestion in Marina del Rey. Under a plan approved by the board, the county would pay 33% of the cost, Marina del Rey Lessees, a group of developers, would pay 61% and Summa Corp., which plans to build the massive Playa Vista project, would pay 5%. The cost was not immediately available.
October 27, 1985
Tooley & Co. Investment Builders has formed Tooley West Inc. to take responsibility for the development of the new Howard Hughes Center on the Westside and has appointed William T. McGregor, general manager of the center, president of the new entity.
May 25, 2007 | From the Associated Press
Frank William Gay, a senior corporate officer for Howard Hughes and a recent target of a renewed claim on the billionaire's fortune, died Monday in a hospital in Kingwood, Texas, according to the Howard Hughes Medical Institute in Chevy Chase, Md. He was 86. The medical institute confirmed Gay's death in a brief announcement on its website but did not specify a cause. He was a trustee from 1984 to 2006. Gay, who lived in the Houston suburb of Humble, ran Hughes' holding company, Summa Corp.
May 17, 1988
Syncor, a Chatsworth chain of 80 nuclear pharmacies, said it has settled for an undisclosed amount an antitrust lawsuit brought against it by Summa Medical Corp. of Albuquerque, N.M. In the lawsuit, filed in February, 1987, Summa claimed Syncor tried to stop it from gaining a stronger position in the nuclear-drug distribution business and tried to discourage manufacturers from doing business with Summa.
December 9, 1990
Milton Bassett's comments on the settlement between Friends of Ballona Wetlands and Maguire Thomas Partners, developer of Playa Vista (Times, Nov. 11), indicate that he doesn't understand the terms of our agreement. I hope I can shed some light on just what the Friends agreed to support and why. Unfortunately, certain trigger words used by Bassett only serve to arouse emotions, while obscuring facts. When he labels the wetlands restoration a "pet project" of the Friends, he denigrates one of the most important ecological assets in Southern California.
September 22, 1985 | DAVID FERRELL, Times Staff Writer
Citing concerns over traffic and building heights, homeowners groups have asked for major changes in plans for Playa Vista, a Summa Corp. development that would bring 18,000 new residents, 3 million square feet of office space and 2,400 hotel rooms to about 900 acres of vacant land near Marina del Rey.
August 15, 1991
Westchester is being riddled with new development projects. The Planning Department needs to look at the development in the entire community rather than approaching each project in a piecemeal fashion. Neighborhoods are forced to bargain with developers. This is a relationship where the developer sees negotiating as part of the development package and the neighbors spend their discretionary time and money protecting their right to the "peace and enjoyment" of their homes. One place the Planning Department could exercise some vision is in the proposed development of 27 1/2 acres owned by Loyola Marymount University.
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