By Katrina Van Duzee/Garden Grove Journal
The stalled development of 79 condos and a four-story parking garage on Garden Grove Boulevard pressed forward Tuesday night when the city council voted unanimously to pass a resolution to enter into an agreement with its developer.
Sweet Homes Development, LLC acquired two parcels of land located at Garden Grove Boulevard, west of Dungan Street, in 2005 and have unsuccessfully been able to purchase a third and final property nearby to push forward the mixed-use project called Lili Garden Plaza. By entering into an agreement with the city Sweet Homes will allocate $525,000, the appraised fair market value for the property, to the community development agency so they can attempt to negotiate its sale.
“The complex will eliminate blight from the community near the International West complex and provide housing for residents,” said Jim DellaLonga, senior project manager in the planning division.
Heid Partners currently owns the 5,700 square feet parcel located at 12061 Garden Grove Boulevard and has refused to negotiate a sale with Sweet Homes. By getting the agency involved Heid may be forced to relocate if the city approves using eminent domain to seize the property.
“As far as I know all those business are up and running and generating income,” resident Peggy Bergin said. “That is already a built-out area and traffic congestion is already bad.”
The proposed facility will include two seven-story buildings with 53 residential condos, 26 commercial condos and a parking garage. The estimated cost of development is over $40 million and the three and four-bedroom condos will sell for around $494,000 a piece.
Under this new agreement the agency is responsible forrelocatation of the existing tenant and for any costs that exceed the decided fair market value of the property when purchasing it.