After over 10 years of vacancy, the old Crazy Horse Lot located between the 55 & Grand Ave will begin development. That is if new owner Jorge Stambuck has his way. Purchasing the lot earlier this year, Jorge was able to get plans for a two-building food-court quickly approved with the city, but he isn’t stopping there.
“This property is the entrance to the commercial district of Santa Ana, and that’s not me pitching you, that’s what the city told me,” Jorge commented. “We need to find the best possible use for this lot. In doing this simple exercise we have rounded up significant interest in the property.”
Indeed, since he has listed the property on the MLS for re-sale in case his development plans are side-tracked, Jorge has solicited interest from Major Hotel Developers, Retailers, and even a Developer looking to build an Indoor-Sports-Complex. The City itself is pushing for a high-class, high-impact project that will benefit not only the Business Park but the entire City as well.
If a Hotel is to be built, it will have to be a major full-service operation including an indoor restaurant, bar, gym, and large conference area. Conceptual plans have been drawn and are being circulated and discussed with city planners. No doubt the City would also love to have a multi-million dollar Indoor-Sports-Complex built right off its Dyer freeway entrance.
In the end, if a suitable buyer for the property can’t be bought, Jorge might just stick with the food complex as there is a strong need both within the business park and in the surrounding areas including freeway traffic.
For now, Brookhollow owners and tenants can be happy to know that a high-profile, high-impact project is in the works right next door to them. Tenants and owners can hope to expect a bump in traffic and property values to coincide with this new development.