Monterey Park developer in 'overdrive'
Melissa Pamer reports that Monterey Park developer Jason Chung has a laundry list of things to do to get his condo project up and running.
MONTEREY PARK - A developer who wants to build luxury condominiums along a busy, commercial stretch of Atlantic Boulevard plans to go into overdrive marketing his project to investors in time to meet a new, city-imposed January construction deadline.Jason Chung has a lot to accomplish before then - including raising the necessary cash, getting approval for his building plan, demolishing the property's existing structure and grading the lot.
"You think he's going to be able to get all that done in seven months? I don't think so," city Director of Development Services Adolfo Reta said Thursday.
On Wednesday, Monterey Park City Council members approved a permit extension for Chung on a 3-2 vote that followed two hours of heated debate and public comment.

