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Caruso Affiliated

NEWS
March 17, 2011
This is great time for the city of Glendale. On Wednesday, our company, Caruso Affiliated, announced the expansion of the Americana at Brand to include a brand new Nordstrom store (“Nordstrom will move to Americana,” March 17). At the same time, we purchased the space in the Galleria II wing of the Glendale Galleria that is currently occupied by Nordstrom. Caruso Affiliated has made a significant investment in Glendale with the development of the Americana at Brand, which has already generated more than $3 million in new sales tax revenue for the city.
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NEWS
By Bill Kisliuk, bill.kisliuk@latimes.com | March 8, 2011
The Golden Key Hotel will close at the end of the year, paving the way for developer Rick Caruso to expand his Americana at Brand, representatives for both properties said Tuesday. The announcement came nearly two weeks after attorneys for Caruso and hotel owner Ray Patel told a Los Angeles County Superior Court judge that both sides had reached an acquisition deal. Neither side has commented on the price. The attorneys also told the judge they had reached a $500,000-settlement for the lawsuit Patel filed against Caruso and the city of Glendale three years ago claiming Americana construction hurt his business.
NEWS
February 11, 2011
Lately, there has been much commentary regarding the real estate signs placed on the hillside overlooking the interchange of the Glendale (2) and Ventura (134) freeways (“Billboard defaces local hillside,” Feb. 7). Many readers have suggested that the city of Glendale’s Municipal Codes, which regulate signs, should be enforced to address this problem. These signs are located on property within the city of Los Angeles, outside of the boundary of Glendale. Unfortunately, this means that Glendale has no jurisdiction over them.
NEWS
By Bill Kisliuk, bill.kisliuk@latimes.com | February 3, 2011
An Americana at Brand representative said the mall’s owner, Caruso Affiliated, plans to appeal a court ruling that years of construction at the site forced a nearby recording studio to close. Los Angeles County Superior Court Judge Richard Rico on Wednesday found that Caruso and the city of Glendale effectively condemned Backroom Entertainment during construction of the 15.5-acre shopping center from 2005 to 2008. The studio, used by several rap artists and singers, operated at 230 S. Orange St. in a building now surrounded on three sides by the Americana.
NEWS
By Bill Kisliuk, bill.kisliuk@latimes.com | January 29, 2011
Competing proposals for the fringes of the Americana at Brand emerged this week as developer Rick Caruso seeks to expand his 15.5-acre shopping mecca. Meeting a Jan. 27 deadline imposed by the Glendale Redevelopment Agency, Caruso proposed adding 135,000 square feet of retail space to the center, remaking a one-block stretch of Orange Avenue into a landscaped pedestrian walkway and widening part of westbound Colorado Street. Last week, Caruso acquired one of two buildings needed for the expansion, an empty former recording studio at 230 S. Orange Ave. The owner of the adjacent property, Ray Patel of the Golden Key Hotel, also unveiled a plan on Thursday to expand, including a new four-story structure on the front of his property, a rooftop pool and an additional 14 rooms to his 55-room building.
NEWS
By Bill Kisliuk, bill.kisliuk@latimes.com | January 22, 2011
Fresh off selling his building to Americana at Brand developer Rick Caruso, Henry David testified that construction of the outdoor mall undermined his former tenant's business. David, whose family owned the one-story brick building at 230 S. Orange St. for 40 years, said he believed demolition of nearby buildings and construction of the Americana at Brand nearly a decade ago made it impossible for recording studio Backroom Entertainment to survive on that site. "They had been having trouble ever since they started clearing the land" for the Americana, David testified.
NEWS
By Bill Kisliuk, bill.kisliuk@latimes.com | January 21, 2011
Developer Rick Caruso has acquired one of the two properties he's been seeking as part of his plan to expand the 15.5-acre Americana at Brand shopping center, but is no closer to a deal for the adjacent Golden Key Hotel. Caruso Affiliated Thursday announced that it paid an undisclosed sum for the empty 7,500-square-foot brick building at 230 S. Orange St., adjacent to stores and restaurants on Caruso Way inside the Americana. "We are very pleased to have reached a swift resolution," Caruso said in a statement.
NEWS
By Bill Kisliuk, bill.kisliuk@latimes.com | January 20, 2011
The former audio recording tenant of a now-vacant building adjacent to the Americana at Brand testified in court Wednesday that construction of the mega-mall forced him close and ship out. In the lawsuit seeking more than $1 million in damages, Backroom Entertainment co-owners Brad Schmidt and Timothy Feehan claim demolition of nearby structures in 2005 and 2006 forced him to close, despite repeated appeals to Americana developer Rick Caruso and...
NEWS
By Bill Kisliuk, bill.kisliuk@latimes.com | January 8, 2011
As the Glendale Redevelopment Agency and the Americana at Brand prepare this month for a possible showdown over the fate of the Golden Key Hotel, they also will go to court over a claim that a recording studio was run out of business during the construction of the 15.5-acre retail and residential center. On Jan. 18, attorneys for Backroom Entertainment, the recording studio that was at 230 N. Orange St., will argue that the company "suffered years of continuous business interference and damage" as a result of the vibrations from heavy machinery and other construction issues, according to court documents.
NEWS
By Bill Kisliuk, bill.kisliuk@latimes.com | December 25, 2010
Golden Key Hotel owner Ray Patel says he is not interested in the $6 million offer he received from Americana at Brand developer Rick Caruso for the 55-room inn on the edge of the shopping and residential complex. "The hotel is not for sale," Patel said in an e-mail early Friday. "I recommend if Caruso feels he needs to expand his mall, to do it across the street on Brand and purchase an existing mall. I am sure the Glendale Redevelopment Agency will give him the air rights to connect the mall with a bridge.
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