Arden Guthrie Site Development
Summary
After roughly two decades vacant, the city-owned 17-acre Highland Avenue site may finally redevelop. The council picked Panorama Properties — over a competing bid from Schneider Commercial — for exclusive negotiations, with a grocery-anchored retail center among the concepts. Community outreach and the freeway off-ramp problem remain key challenges.
At a glance
- Total mentions
- 4
- Last 30 days
- 0
Last discussed Aug 20, 2026.
Impact analysis
Schneider projected roughly $1.2 million in annual sales tax revenue; the city carries a HUD Section 108 loan obligation on the property dating to 2006.
Surrounding neighborhoods gain shopping, jobs and amenities long promised for the corridor.
Los vecinos cercanos pueden ver el aumento del tráfico; las negociaciones pasadas fallidas demuestran que no hay garantía de que los ancales propuestos se materialicen.
Mentions & discussions (3)
Regular Meeting of the Parks, Recreation, & Community Services Commission - Aug 20, 2026
The city's 17-acre vacant lot on Highland Avenue finally has a developer. Panorama Properties will negotiate exclusively, promising a shopping center with jobs and sales tax — but it's a 3-to-5-year project with a freeway off-ramp problem that scared off previous developers.
REUNION DEL ALCALDE Y AYUTAMIENTO - Aug 19, 2026
El sitio vacante de 17 acres en Highland Avenue poseído por la ciudad desde 2006 finalmente se está moviendo: el consejo eligió a Panorama Properties para negociar, con la visión de un centro comercial con anclas y un $1.2M estimado en ingresos fiscales por ventas anuales. La construcción podría tomar de 3 a 5 años.
CLOSED SESSION AND REGULAR MEETING OF THE MAYOR AND CITY COUNCIL - Aug 19, 2026
After roughly two decades vacant, the city-owned 17-acre Highland Avenue site may finally redevelop. The council picked Panorama Properties — over a competing bid from Schneider Commercial — for exclusive negotiations, with a grocery-anchored retail center among the concepts. Community outreach and the freeway off-ramp problem remain key challenges.
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