Marshalls Store Grand Opening In Bixby Knolls Thursday, August 5
2010-08-02 · By Editor
On Thursday, August 5, the Long Beach Redevelopment Agency (RDA), along with Councilmember Rae Gabelich, 8th District, will celebrate the grand opening of a new Marshalls Department Store in Bixby Knolls at 4450 Atlantic Ave. The grand opening celebration will begin at 10:00 am with a ribbon cutting ceremony.
The former Roberts Department Store building, measuring more than 52,000 square feet, was finally demolished last October. The building had been sitting vacant for more than 13 years.
The new Marshalls Department Store has replaced it with a modern retail facility that is sure to draw people to the Bixby Knolls Shopping Center. The new structure is 42,490 square feet and includes five smaller shops. Planned renovations also include façade improvements along California Place south of 45th Street. The project design is consistent with North Long Beach Design Guidelines.
“This project began as an idea nearly six years ago. Now, we will open a successful national ‘destination retail’ experience here in Bixby Knolls. I am confident that the community, Marshalls and Gaska will realize the success of our efforts,” said Councilmember Rae Gabelich.
“Development of this modern Marshalls Department Store has concurrently eliminated a blighting condition at the former vacant Roberts Store site and serves as a beacon for the continued revitalization of North Long Beach,” said Amy Bodek, Executive Director of the RDA.
The RDA provided a $3.7 million loan to GGF, LLC., the owners of the property, which is managed by Gaska, Inc., as well as a façade improvement matching grant of up to $500,000 assuming 50/50 participation by the owners ($1 million total project).
“We are proud to have partnered with the Redevelopment Agency to bring a major anchor store like Marshalls to the Bixby Knolls Shopping Center that will benefit Bixby Knolls and the entire North Long Beach community,” said Seda Aghaian, Vice-President of Gaska, Inc.
For more than 45 years, the mission of the Long Beach Redevelopment Agency has been to enhance the quality of life by improving blighted areas of Long Beach, revitalizing neighborhoods, promoting economic development, creating jobs, providing affordable housing and encouraging citizen participation.