[CITY OF GLENDALE]
By Independent Newsmedia
The Glendale city council recently voted to approve the rezoning of 188 acres for mixed use development as the largest strategically positioned mixed-use, shovel-ready site along the burgeoning Loop 101.
The 188 acres are located south of Glendale Avenue and west of the Loop 101 in Glendale’s sports and entertainment district, and is prime for development.
As a result of a public private collaborative effort, the city worked with ownership groups for nearly two years to maximize this parcel’s opportunities to host additional signature lifestyle and entertainment options.
Current estimates indicate that Glendale’s Sports and Entertainment District has over $1 billion worth of active experiential projects under construction, with another $500 million of investment expected to commence within a year, the city shared in a news release.