Monterey Park developer doesn't get his way
Developer Jason Chung is getting some push back from the city of Monterey Park. The planning commission denied a time extension this week, and councilman Frank Venti appealed his luxury-condo project last year, Melissa Pamer reports.
MONTEREY PARK - A developer's plans to build luxury condominiums targeted at wealthy Chinese immigrants met a roadblock this week.
Developer Jason Chung, who got initial city approval for the project last year, believes his 54-unit, six-story condo building will appeal to rich families emigrating from dense urban centers in China and Taiwan. He plans a high-end East-West fusion restaurant on the building's ground floor.
"A lot of wealthy Chinese buy in San Marino, Rowland Heights and Diamond Bar, but they really want someplace convenient where they don't have to drive a car," Chung said. "They can walk to get their dim sum."
But on Tuesday, the Monterey Park Planning Commission voted 3-1 to deny a time extension for the mixed-use building slated for a busy commercial stretch of North Atlantic Boulevard.
Chung is no stranger to the community of Monterey Park. In May last year, he was honored for his efforts in funding the library.
Library Foundation Annual Spring Gala Honoring Jason Chung
Posted Date: 5/11/2007MONTEREY PARK LIBRARY FOUNDATION
ANNUAL SPRING GALA
HONORING JASON CHUNGThe Monterey Park Library Foundation Spring Gala on Friday, May 18, 2007 at Capital Seafood, 755 W. Garvey Avenue, Monterey Park will feature “Changing Faces” by Wei Qi Zhong.
The Library Foundation will be honoring Jason Chung for his contributions to the library and the community.
Here's what la.curbed had to say about the project. They've got some cool sketches, too. And, here is a press release about it found on a construction website. But if the planning commission's decision is any indication, there's still a lot more "hoops," Chung said, to jump through before this project becomes a reality.