Redevelopment - Successor Agency

Jobs and Investment

Citrus Tower

The Agency assembled the project site, demolished a building that had sat vacant for more than three decades, and negotiated the sale of the site to facilitate the construction of a 132,000-square-foot, Class “A” office tower. The project brings 750 much needed construction jobs to the City and will be completed in spring 2012.

Before:

After:

Regency Tower

The Agency worked with the County of Riverside to obtain a surface parking lot with a vacant building on it. Following demolition of the building, the Agency negotiated the development of a 250,000-square-foot, Class “A” office tower.

Fox Plaza and Hyatt Place Hotel

The Agency negotiated with a developer to facilitate the most ambitious development in Downtown, with a new 125 room Hyatt Place Hotel that is currently under construction, with planned future phases that will add mixed-use residential, retail, restaurant and office development in the heart of Downtown.