Cerritos Towne Center
The Cerritos Towne Center is a
Development and history
The Golden Triangle
Built on 125 acres (0.51 km2) of former dairy farms, the future site of the Cerritos Towne Center was one of the last remnants of the city of Cerritos' agricultural past. The area, formally known as "Area Development Plan 2", bounded by State Route 91 to the north, Shoemaker Avenue to the east, 183rd Street to the south and Bloomfield Avenue to the west, was nicknamed "the Golden Triangle" by the local press because of its large revenue potential. [1]
By the time the dairies moved out and the area was ready for redevelopment in the early 1980s, the Cerritos Redevelopment Agency discussed possible uses for the large plot. Housing, residential and recreational development were ruled out because the redevelopment agency decided that whatever be built in the area ought to generate tax revenue. Since 1970, a proposal floated around for a unique donut-shaped shopping center, but the idea was eventually turned down due to its closeness to the already successful Los Cerritos Center. The following year in 1971, discussions were held to feature a Polynesian cultural center complete with an artificial ocean with six islands and a volcano that would erupt nightly. Neighbors with NIMBY mindsets and concern with pollution (although the developer promised the pollution would be controlled) was enough to reject the development. [2]
Market research conducted by the city concluded that a mixed-use of public facilities, hotels, office and commercial buildings would be the most ideal usage of the Golden Triangle space.
Southern division
Projected figures used by city leaders calculated that over its first 50 years, the $225 million Cerritos Towne Center would generate $585 million in tax revenue and 4,500 jobs. Indeed, the national accounts division of
Northern division
Retail and restaurants were reserved for the northern
See also
- Cerritos, California
- Cerritos Auto Square
- Cerritos Center for the Performing Arts
- Cerritos High School
- Cerritos Millennium Library
- Pat Nixon Park
- Cerritos Veterans Memorial
- Los Cerritos Center
References
- Eftychiou, A., & Cenovich, M. (2006). Cerritos at 50: celebrating our past and our future. Virginia Beach, VA: The Donning Company Publishers.