The doctor is in: Medical office complex planned near Pasadena’s Huntington Hospital

A neighboring medical imaging firm looks to expand its footprint with a new building

Los Angeles /
May.May 24, 2019 12:00 PM
650 South Raymond Avenue (Credit: Google Maps)
650 South Raymond Avenue (Credit: Google Maps)

A local developer wants to build a medical office and retail complex with ground-floor retail near Huntington Hospital in Pasadena.

The four-story building would rise at 650 S. Raymond Avenue, according to Urbanize. The medical office portion would comprise 35,000 square feet, with a ground-floor retail part spanning 3,400 square feet. There are 125 parking spaces included below ground.

The property now houses a single-story industrial building dating from the 1960s. It is owned by an LLC tied to Dr. William Caton, a neurosurgeon who owns the building next door. The LLC purchased the 650 S. Raymond Avenue property in 2017 for $3.2 million.

The Pasadena Design Commission, which reviews proposed development projects, recommended in a May 14 report the developer add canopies, create a “more expressive roof” and incorporate ground-floor setback areas. The architect is Santa Ana-based Enter-Arc, Inc.

Pasadena is seeing a steady flow of office and residential development, and leasing deals. At least two technology firms have signed large leases in the city this year. A biometrics firm is inked a lease for 54,800 square feet at an office owned by Greymark Capital and Blue Vista Capital Management.

GM Cruise, a driverless car company, inked an $11.4 million lease for 47,000 square feet in February. [Urbanize]Dennis Lynch 


Related Articles

arrow_forward_ios
Neil Shekhter (Shekhter by Kevin Scanlon; iStock)
Santa Monica mega-portfolio officially hits market
Santa Monica mega-portfolio officially hits market
NMS Properties' Neil Shekhter and renderings of 1325 6th Street, 1437 6th Street, 1430 Lincoln Blvd. and 1318 Lincoln Blvd. in Santa Monica (Kevin Scanlon, WSC)
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
Rendering of the project and Regency Park President Emil Fish (City of Pasadena)
Senior living developer upsizes Pasadena project
Senior living developer upsizes Pasadena project
Sean Burton and a rendering of the project (Cityview, Humphreys & Partners Architects)
Cityview secures funding for nearly 300-unit complex near USC
Cityview secures funding for nearly 300-unit complex near USC
Daniel Taban and a rendering of the project (City of Pasadena)
Jade Enterprises eyes major multifamily project in Pasadena
Jade Enterprises eyes major multifamily project in Pasadena
Continuum CEO Mark Falcone and a rendering of the project (EYRC Architects via Urbanize)
Continuum Partners, Platinum Equities plan Arts District office tower
Continuum Partners, Platinum Equities plan Arts District office tower
Rendering of 577-unit District Square project in South L.A. (Los Angeles Department of City Planning, iStock)
Judge orders LA to reconsider Charles Co.’s District Square project
Judge orders LA to reconsider Charles Co.’s District Square project
Jeffrey Jaeger and the Villa Raymond Apartments (Google Maps)
Standard Companies buys Pasadena senior housing, plans fix-up
Standard Companies buys Pasadena senior housing, plans fix-up
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...