Pasadena Avon Property Sale Escrow Closes Home Depot Group Purchaser
Home Depot Group has purchased the property previously owned by Avon in Pasadena.
Does this mean we should expect to see Home Depot opening in Pasadena. It could happen sooner than most think.
Expect that after meetings that there will be a big push by the new owners and investors to get mixed use development with retail and condo, apartments.
This is the email from Gene Masuda, the Vice-Mayor of Pasadena and Councilmember for District 4
January 26, 2017
Re: Avon Property
This morning I heard from Pasadena staff that the Avon property has closed escrow with the Home Depot group.
From this point forward there will be around a dozen city meetings for the planning process, so please be involved and express your concerns at these meetings. Your input is very important.
Thank you,
Gene
