Planning and Development

PD buttons

enterprise zone

redevelopment

ECONOMIC IMPACT

pasadena

FACT SHEET

In June of 2002, the Los Angeles Times illustrated the impact of Northwest Pasadena, as it gained a 57% increase in home-value in one-year.

Completed or Currently Underway
Projects in Northwest Pasadena:

Commercial Development Project(s)	Cost
Fair Oaks Renaissance Plaza – Fair Oaks/Orange Grove	$17,000,000
Wright Victorian Office	$500,000
Lincoln/Montana	$4,100,000
Balian Office Building	$4,100,000
Sav-On Drug – Fair Oaks/Orange Grove	$5,000,000
Bryant Office - Fair Oaks	$1,500,000
Vons, Subway, Ashley Stewart, Starbucks, Luke’s Barber Shop, Foot Action USA & More

Industrial Development Project(s)	Cost
Foothill Vocational Opportunities, Inc.	$4,000,000

Buying Power of our Northwest
Pasadena Resident Year 2001

Average Household Income	$ 38,000
Average Home Value	$189,000
Owner Occupied Housing units	38%
Households in Northwest Spent:
Entertainment	$22,503
Apparel	$21,789
Food Away from Home	$20,298

New Page 1