Home Commercial trading Target and Sprouts planned for Arden-Guthrie property in San Bernardino – San Bernardino Sun

Target and Sprouts planned for Arden-Guthrie property in San Bernardino – San Bernardino Sun

0

At Target, Sprouts and Burlington Coat Factory were offered for the Arden-Guthrie property in east San Bernardino by a San Pedro developer the city intends to do business with.

Plans for over 17 acres of vacant land southwest of East Highland and Arden Avenues have come and gone the past two decades as city officials sought to redevelop the site create jobs for low- and middle-income residents.

Dumbarton Avenue and E. 20th Street sign sits on vacant land near the 210 freeway in San Bernardino on Tuesday, May 19, 2020. San Bernardino is in the process of selling the 17-plus-acre lot to the developer of the long- stranded the Arden-Guthrie project. (Photo by Watchara Phomicinda, The Press-Enterprise/SCNG)

San Bernardino executives agreed to sell the Arden-Guthrie property to a Redlands developer two years ago, but the $4.5 million deal was terminated in June 2021.

The 17.4-acre site just south of Highway 210, which at one time had a group of apartments considered one of the city’s most crime-ridden neighborhoods, was later declared surplus land, giving affordable housing developers and public entities the first chance to purchase it.

In the absence of viable responses from these privileged groups, Rich Development finally emerged from a pool of potential developers earlier this year, and city staff and company representatives have been meeting regularly these months to discuss the project site, according to a report prepared for the city council. .

The elected officials will consider entering into an exclusive negotiation agreement with the firm on Wednesday, September 21.

Such a pact is in effect for six months, with two possible extensions of 90 days, if mutually agreed.

An ENA requires a developer to provide a proposed development plan, proposed zoning changes or changes to the general city plan, a list of potential users or tenants, a proposed schedule and cost estimates, and a proposed financing plan, among other documents.

Rich Development, the company behind Marketplace at El Paseo in Fresno, Prospector’s Plaza in Placerville and The Trading Post in Clovis, has launched a sprawling commercial plaza in San Bernardino with a large flagship store, three small flagship stores, four food blocks and a convenience store/gas station.

Tenants will include Target, Sprouts and Burlington, city employees report.

San Bernardino currently has only one target, on Orange Show Road. Its north location on Sterling Avenue closed in 2018 after underperforming for years.

Sprouts Market would be the first in town.

City Council meets at 7 p.m. Wednesday at the Feldheym Library, 555 W. Sixth St. in San Bernardino.