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The Los Angeles Times from Los Angeles, California • 105

Location:
Los Angeles, California
Issue Date:
Page:
105
Extracted Article Text (OCR)

$2 MILLION FROJECT IttfanffflegCftttfaf i Brisk Selling Pace Reported Lease Signed New Stores Ready in Del Amo Center for Variety Store A brisk sale3 pace at Gar 3 IN- ST I den Park Estates on Knott 4h -4 Leasing arrangement! have been completed for a new Ben Franklin variety: store to be located in Completion of 'a complex of the shopping center's cen i ij. of five stores, representing tral mall. Already' open on Ave. at Garden Grove Freeway has beer' reported by W. R.

Effinger, director of the major portion of the the mall are Wetherby-Kay- 'Eastwood Village Shopping: I west mall section In the Del Amo Shopping Center in ser bhoes and bilverwoods. When ultimately "'com I he homes, offered in a pleted, the Del Amo Center, NEW DEVELOPMENT One of the many varied designs now on display at Garden Park Estates is seen here. Torrance, has been an-j nounced by the Del Amo: Estate owner and de located at Hawthorne and Sepulveda will repre wide selection of exterior elevations, features three and four! bedrooms with family room, den and two baths. Priced, from $16,450, the Tod Sloan, leasing agent for Los Altos Development stated. j'.

The new variety store will contain more than 10,000 tion to FHA, Cal-Vet dishwasher, natu-i A furnished model display sent a total investment of Bank Branch Opens conventional financing. Iral ash cabinets, range hood1 wjth decor bv Tony Perei- veloper of the center. The stores, collectively containing a total of sq. will be occupied BALDWIN PARK Citi-I Fireplaces, sliding walls of with light and fan are fea- ri3ilv and' $13 million and will contain more than 40 stores and shops, Haight added. Next phaseof the 75-acre homes are offered on VA terms of nothing down ex zens National Bank has ft.

and will be one of the thermostat and summer cool by the J. u. cept impounds and closing Garden Park Estates opened a new office at upmost modern units in the close to schools. shoppine'Ana Freeway to Knott Ave.jE Ramona its seventh 'center, now under construe- development is scheduled costs with monthly payments ing switch and appliance W. Woolworth Lerner Shops, Leed's Shoes and centers and recreational Directional signsjbranch in the San Gabriel, tion at the corner of 5th Ave.

equipped kitchens with built- for opening in the spring of 1961. i from $90.97, including principal and interest. An addi- land Batson. Head to the model homes. I Valley.

in wall oven and range, semi-'cilities. Ontra Cafeteria. Offiicial opening of the retail stores i3 planned during Marcn. Designed by Welton Beck-et Associates, architects Near for the overall center pro! Mow Work IS I our ect, the newly completed store unit will represent a cost ot approximately mil lion, exclusive of land and interior fixturizlng. Oltman's Construction Co.

is the general contractor. Largest store in the new eroup is the J. C. Penney Co. facility with more than 000 sq.

ft. of area distributed over a main floor and full basement It will be one ofi the most extensive in the chain's store operation for shopping centers; Provision was niade in ha design so that an additional 30,000 square feet of area could be added on the at a future date. The Woolworth unit con tains 21,000 sq. ft. and the Ontra Cafeteria contains 000 sq.

ft The Lerner's store has 13,700 sq. ft and art area of 6,000 sq. ft will be bccu pied by Leed's Shoes. In line with the type bf construction utilized for the other buildings in the center, the units feature basic rein forced concrete construction. Individualized store fronts include extensive use of glass accented with stone materials.

Terrazzo also is utilized for flooring In all of the store a entraoceways. Section Completed All stores contain base ment storage and service 1 to Rossmoor -1 i -a 1 A LAVISH NEW fxy A $20,000,000 SHOPPING CENTER ij Fpt IS ALREADY UNDER CONSTRUCTION LOS AmES A AT ROSSMOOR E.LHART ST. ST.X A 8 A I lMSSHm KATTUA AVE. H'Sf XSr -A 1 A Av '-r1 7: i A x-w fmJr rj-' I America's most talked-about new commum i-fi 7 L' is within 20-25 miniites of 74 of the major industry "tv in Southern California. a -A-' to $24,000 1 This surely is owe reason why the families of so many leading Jmnoi603 s0.FT.-roMS2uoo ZZT business and professional ien Kve here in the Walled City.

Other reasons? sections, served by an underground tunnel providing direct shipping, loading and receiving faculties. According to Hector Haight, vice president and general manager of the Del Amo Estate the open ing of the new units will complete the west section Sales Volume 350,000 Tops Grandview Palos Verdes has reported its biggest weekend of the new year, with over $350,000 in home sales last Saturday and Sunday. One fourth of the sales were through the trade plan, which has proven highly pop ular since its institution was announced by director of sales William C. Kulow. Immediate occupancy is now available in some Grand- view plans.

Homes are priced from $25,800 and contain two bedrooms and den, three and four bedrooms and family room. All plans include two baths and oversize double ga rages. Construction Is of lath and plaster, and flooring is of oak parquet. Fireplaces are styled to -the individual homes, which are in con temporary, farmhouse and traditional themes. Nine furnished model homes may be reached via Crenshaw Blvd.

to Silver Spur Rd. and right, Grandview is also offering a community of 79 homes at West Palos Verdes Estates, A $20,000,000 Shopping a great college just five minutes homes that are considered the finest value in the real estate industry. Last Unit Now Open. The exclusive Executive Unit is your last opportunity to own a Rossmoor home. Here are the choicest executive-size lots.

Lots providing a3 much as 12,000 square feet of land. Wont you join the other distinguished families who are making Rossmoor "Southern California's nicest new near the juncture of Hawthorne Blvd. and the ocean. CAMPAIGNS FALLON BKANOHAM IKEWEII Wards Store Construction on Schedule WalledCity of PANORAMA CITY Con struction on the ninth new Montgomery Wards store in California is proceeding on schedule and it3 opening is expected In the fall, it has been announced by Elden E. Peterson, western regional manager for Wards.

Peterson toured the multi- million dollar project on. the eight -acre site at the northwest comer of Tobias Ave. end Roscoe Blvd. in the Pan-; orama City Shopping Center. With him on his visit wa3 N.

S. Ridgway, associate of Fritz B. Burns, developer 3 BEDROOMS 3 BEDROOMS AND FAMILY ROOM 4 BEDROOMS AND FAMILY ROOM-All WITH 2 BATHS FHA, CONVENTIONAL, and CAL VET FINANCING Available FHA Terms from J22C3 FHA minimum income Open Sundays through Friday, 10 ajn. 9 p.m. Saturdays, 10 a.m.

6 p.m. of Panorama City Shopping Center The store is txpccted to employ some 350 PUrs and dea'jns ccpjrtshUd by FREMATIC ISC, Builders tfcife! Homn bj CMS FURNITURE Cf tCNS EACH i DSSJn'OCR REALTY, tic, Safej ton! s. GEnm M317 Conald De BenedictJs, Vice President I persons, Peterson said..

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About The Los Angeles Times Archive

Pages Available:
7,612,445
Years Available:
1881-2024