Developer is obtaining demolition permits for the Glendora site currently anchored by shuttered Ralph’s.
By Hannah Miet
Champion Real Estate Company is planning to demolish a retail center in Glendora anchored by a shuttered Ralph’s to make way for a smaller shopping center.
The development costs, including the price of acquiring the existing 85,615-square-foot grocery building at 655 South Grand Avenue, will total $30 million, The Real Deal has learned.
Champion plans to reconfigure the San Gabriel Valley property as a smaller 70,500-square foot grocery-anchored neighborhood shopping center.