Caruso withdraws Santa Anita proposal

Posted by Rick Orlov on May 20, 2011 2:30 PM | | Comments (0) |

Developer Rick Caruso has withdrawn his proposal to build an $500 million outdoor mall at the Santa Anita Park in Arcadia, according to a company official. Dakota Smith in the Daily News.

"We are no longer moving forward with the project," said Jennifer Gordon, senior vice president of public relations for Caruso Affiliated.

She did not respond to questions about why the deal fell apart.

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