Anaheim GardenWalk- News and Rumors

[nemofinder22]

Not exactly Disneyland news but Disneyland does use its parking structures, and it is the rumored site to hold 2 new Disney hotels.

Anaheim GardenWalk sits across the street from the future home of another parking structure(Current Buzz Lightyear lot), and on the other side is the 3rd park lot(current home to CM parking as well as more guest parking(for the next 6-10 years)

The GardenWalk was suppose to open in 2002? and after many set backs opened 2008.

One has to wonder if Disney would be at all interested in this as the land it sits on is pretty good for when ever/if ever the 3rd park is built, as well as if Disney wanted more land in Anaheim. I dont think the stores have been doing to well.

But for now the mall will go up for sale after they defaulted on the loan.
http://ocresort.freedomblogging.com...a-gardenwalk-set-to-go-on-sale-march-9/34179/

Interested in buying a mall? A date has been set for the sale of The Shops at Anaheim GardenWalk after developers of the outdoor retail mall next to Disneyland defaulted on a $210-million loan and failed to catch up on payments.
The sale is set to take place a 10 a.m. March 9 in front the Placentia Civic Center; foreclosure auctions are typically held at court houses or civic centers.
The notice of trustee sale, filed with the county clerk-recorder, indicates that the property at 321 W. Katella Ave. will be sold “as is” at “reasonable estimated fees” projected at $194.2 million – the unpaid balance of the initial loan plus other costs.

 

[Hobnail Boot]

Oy. As long as the Cheesecake Factory stays, I'll be ok. :slurp:

 

[nemofinder22]

At least the hotels are about to get underway next year while the timeshare takes hold till 2019.
http://ocresort.freedomblogging.com/2010/03/05/gardenwalk-hotels-to-procede-despite-mall-woes/36481/

Construction is set to begin next year on two luxury hotels next to The Shops at Anaheim GardenWalk outdoor mall in Anaheim despite foreclosure proceedings on the mall property.

GardenWalk hotel developers were granted an amendment to their development agreement with the city this week, allowing them to begin hotel construction next year and to delay construction of 500 time-share units until 2019.

Also some more rumors from Al, concerning the other parking structure, Gardenwalk, Anaheim city officals, TDA, moving walkways, and a monorail.

http://miceage.micechat.com/allutz/al022310a.htm

The answer to this long term parking problem is obviously just to build more spaces in the form of a second large structure on the east side of Harbor Blvd., a plan that has been publicly shown on Resort expansion maps ever since the old Grand Hotel was purchased by Disney and imploded on that site back in 1998. The land purchases by Disney on the northern end of that property we'd told you of last year have been finalized, and additional adjacent land is also being eyed by Disney's property development team.
The grand plan being hatched by TDA, in partnership with some pro-Disney forces in Anaheim city hall, is to build a massive new parking facility north of GardenWalk with direct access to and from the Santa Ana Freeway. This 10,000+ space structure would also include a transit depot on its southern flank for the monorail system Anaheim wants built by the middle of the decade to connect the new ARTIC high speed rail station with the Resort District and the Convention Center. Visitors either arriving to this giant facility via private car off the freeway, or via monorail from ARTIC, would then be whisked on moving walkways across a sweeping bridge over Harbor Blvd. and deposited near the current tram loading area.

The city of Anaheim plans on launching a city owned website detailing this grand vision later this spring, and Disney's team of lawyers and developers are also working on finalizing the plan before going public with it and publicizing it as a jobs generator for the local economy. You can bet that some of these same folks have taken a keen interest in the foreclosure auction planned next month for the struggling GardenWalk mall across the street from this planned parking/transit facility.

 

[nemofinder22]

The Around Disney Blog part of the OC Register is reporting the auction has been postponed, with more info coming later/

http://twitter.com/arounddisney/status/10234187271

Auction of Disney-area GardenWalk mall was postponed. Will report more on blog soon.

Edit-
http://ocresort.freedomblogging.com/2010/03/09/troubled-gardenwalk-mall-auction-postponed/36933/

ANAHEIM The pending sale of GardenWalk, an outdoor mall of shops and restaurants across from Disneyland, was postponed Tuesday until April 8.

A trustee auction was set to take place at the flagpoles outside Placentia City Hall at 10 a.m. amid a series of other foreclosed properties, including homes with starting bids at less than $300,000.

The estimated price of GardenWalk: $196 million.

But as an auctioneer rattled off addresses, the GardenWalk property was listed among the postponed auctions, leaving the few people gathered to hear the outcome of the mall’s fortunes disappointed.

 

[Mr.EPCOT]

Sounds like a no-brainer for Disney, I hope they go for it.

 

[nemofinder22]

Sounds like a no-brainer for Disney, I hope they go for it.

I hope so too, it would be great for the resort, as well as future expansion. Plus the rumored Disney operated hotels and Disney already uses the parking structures.

 

[nemofinder22]

hmm I guess no one wanted it for now....

http://www.ocregister.com/news/mall-243222-gardenwalk-opened.html

PLACENTIA – The original owners of Anaheim's GardenWalk lost control Thursday of the outdoor mall as a bank assumed control after a foreclosure auction.

No bidders for the mall, on Katella Avenue in the shadow of Disneyland, stepped forward at Thursday morning's auction in front of Placentia City Hall after an opening bid of $70 million was announced.