Contents 1 Development and history 1.1 The Golden Triangle 1.2 Southern division 1.3 Northern division 2 See also 3 References 4 External links


Development and history[edit] The Golden Triangle[edit] Built on 125 acres (0.51 km2) of former dairy farms, the future site of the Cerritos Towne Center was one of the last remnants of the city of Cerritos' agricultural past. The area, formally known as "Area Development Plan 2", bounded by State Route 91 to the north, Shoemaker Avenue to the east, 183rd Street to the south and Bloomfield Avenue to the west, was nicknamed "the Golden Triangle" by local press because of its large revenue potential. [1] By the time the dairies moved out and the area was ready for redevelopment in the early 1980s, the Cerritos Redevelopment Agency discussed possible uses for the large plot. Housing, residential and recreational development were ruled out because the redevelopment agency decided that whatever be built in the area ought to generate tax revenue. Since 1970, a proposal floated around for a unique donut-shaped shopping center, but the idea was eventually turned down due to its closeness to the already successful Los Cerritos Center. The following year in 1971, discussions were held to feature a Polynesian cultural center complete with artificial ocean with six islands and a volcano that would erupt nightly. Neighbors with NIMBY mindsets and concern with pollution (although the developer promised the pollution would be controlled) was enough to reject the development. [2] Market research conducted by the city concluded that a mixed use of public facilities, hotels, office and commercial buildings would be the most ideal usage of the Golden Triangle space. Southern division[edit] A themed traffic light with the office buildings of the Cerritos Towne Center in the surrounding background. The city of Cerritos immediately contracted the Transpacific Development Company to work on the multiphased southern project. Pressure from neighboring cities such as Norwalk and Downey that were building new hotels in their respective cities added to the competition. Capitalizing on its proximity to the Artesia Freeway, the redevelopment agency spent $8.6 million on road improvements, adding on-ramps and off-ramps to the Towne Center, and landscaping. Projected figures used by city leaders calculated that over its first 50 years, the $225 million Cerritos Towne Center would generate $585 million in tax revenue and 4,500 jobs. Indeed, the national accounts division of ADP moved its regional headquarters into the Cerritos Towne Center and were the first occupants of the office sector. In 1990, Phase I of the Towne Center project welcomed the 8-story Sheraton Cerritos Hotel, which remains the only transient occupancy building in the city. In January 1993, the Cerritos Center for the Performing Arts opened its doors to the public and remains one of the most acclaimed venues for its size. Northern division[edit] Retail and restaurants were reserved for the northern quadrants. The city of Cerritos hired the Vestar Development Company of Scottsdale, Arizona to develop the 41-acre (170,000 m2) commercial sector along the lines of Newport Beach's Fashion Island. However, further market research revealed that the upscale retail market was in a slump and would compete negatively with the Los Cerritos Center across town. City leaders decided that a more midscale big-box center would succeed and complement shopping in Cerritos. To much fanfare, Smith's Food King and one of the very first Wal-Marts in the Los Angeles area ushered in the commercial phase of the Towne Center project on August 26, 1994. Today, the Cerritos Towne Center brings in a gross retail sales total in excess of $200 million a year. [3]


See also[edit] Cerritos, California Cerritos Auto Square Cerritos Center for the Performing Arts Cerritos High School Cerritos Millennium Library Pat Nixon Park Cerritos Veterans Memorial Los Cerritos Center


References[edit] Eftychiou, A., & Cenovich, M. (2006). Cerritos at 50: celebrating our past and our future. Virginia Beach, VA: The Donning Company Publishers.


External links[edit] Official website City of Cerritos web site Cerritos Shopping web site Vestar's profile of the Cerritos Towne Center Cerritos Center for the Performing Arts web site v t e Cerritos, California Schools ABC Unified School District Cerritos High School Whitney High School Bellflower Unified School District Libraries Cerritos Millennium Library Landmarks Cerritos Auto Square Cerritos Sculpture Garden Cerritos Towne Center Cerritos Center for the Performing Arts Cerritos Veterans Memorial College Hospital Los Cerritos Center Pat Nixon Park History Aeroméxico Flight 498 This list is incomplete. v t e Shopping malls in California Northern California Alameda Bay Street Emeryville Bayfair Center Eastmont Town Center Fremont Hub NewPark Mall Oakland City Center Pacific Commons Rockridge Market Hall Skywest Commons Southland Mall Stoneridge Shopping Center Union Landing Shopping Center Westgate Center Contra Costa Abella Center Broadway Plaza El Cerrito Plaza Hilltop Mall Macdonald 80 Shopping Center Pacific East Mall Somersville Towne Center Sunvalley Shopping Center Willows Shopping Center Fresno Fashion Fair Mall River Park Marin Mall at Northgate Town Center at Corte Madera Village at Corte Madera Monterey Del Monte Center Northridge Mall Sacramento Arden Fair Mall Downtown Commons Florin Mall Florin Towne Centre Sunrise Mall San Francisco Metreon Stonestown Galleria Union Square Union Street Stores Westfield San Francisco Centre San Mateo Hillsdale Shopping Center Serramonte Center Shops at Tanforan Westlake Shopping Center San Joaquin Sherwood Mall Weberstown Mall West Valley Mall Santa Clara Eastridge Great Mall of the Bay Area Mayfield Mall PruneYard Shopping Center San Antonio Shopping Center Santana Row Stanford Shopping Center Sunnyvale Town Center Vallco Shopping Mall Westfield Oakridge Westfield Valley Fair Westgate Mall Sonoma Coddingtown Mall Montgomery Village Santa Rosa Plaza Elsewhere Bayshore Mall Capitola Mall Chico Mall Solano Town Center Vintage Faire Mall Visalia Mall Westfield Galleria at Roseville Yuba Sutter Mall Southern California Los Angeles Los Angeles Proper Baldwin Hills Crenshaw Plaza Beverly Center Brentwood Country Mart El Mercado de Los Angeles Farmers Market FIGat7th Grove at Farmers Market Hollywood and Highland Center Promenade at Howard Hughes Center West Hollywood Gateway Project Westfield Century City Westside Pavilion San Fernando Valley Americana at Brand Burbank Town Center Crossroads of the World Commons at Calabasas Fallbrook Center Glendale Galleria Northridge Fashion Center Sherman Oaks Galleria Universal CityWalk Westfield Fashion Square Westfield Promenade Westfield Topanga Elsewhere Antelope Valley Mall Cerritos Towne Center Del Amo Fashion Center Eastland Center Edgemar Fisherman's Village Hawthorne Plaza Shopping Center Lakewood Center Long Beach Plaza Los Cerritos Center Malibu Country Mart Old Pasadena Paseo Colorado Plaza México Plaza West Covina Puente Hills Mall Quad at Whittier Santa Monica Place Shops at Montebello South Bay Galleria SouthBay Pavilion Stonewood Center Third Street Promenade Westfield Culver City Westfield Santa Anita Westfield Valencia Town Center Whittwood Town Center Orange Anaheim GardenWalk Anaheim Plaza Bella Terra Brea Mall Buena Park Downtown Downtown Disney Fashion Island Irvine Spectrum Laguna Hills Mall MainPlace Mall The Market Place Outlets at Orange Shops at Mission Viejo South Coast Plaza Village at Orange Westminster Mall Riverside Desert Fashion Plaza Galleria at Tyler Main Street Pedestrian Mall Moreno Valley Mall Promenade In Temecula Westfield Palm Desert San Bernardino Barstow Mall Carousel Mall Citrus Plaza Inland Center Mall of Victor Valley Montclair Plaza Ontario Mills Redlands Mall Victoria Gardens San Diego Chula Vista Center Fashion Valley Mall Grossmont Center Las Americas Premium Outlets Otay Ranch Town Center Parkway Plaza Seaport Village Westfield Carlsbad Westfield Horton Plaza Westfield Mission Valley Westfield North County Westfield Plaza Bonita Westfield UTC Ventura Collection at RiverPark The Oaks Pacific View Mall Simi Valley Town Center Elsewhere Imperial Valley Mall La Cumbre Plaza Valley Plaza Mall Coordinates: 33°52′19″N 118°03′35″W / 33.871904°N 118.059822°W / 33.871904; -118.059822 Retrieved from "https://en.wikipedia.org/w/index.php?title=Cerritos_Towne_Center&oldid=795650582" Categories: Cerritos, CaliforniaShopping malls in the South Bay, Los AngelesPower centers (retail) in the United StatesHidden categories: Coordinates on Wikidata


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