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Business & Tech

Community Reacts to Sale of the La Cañada Flintridge Town Center

The shopping center opened in the middle of the recession in 2008. The community weighs in with their thoughts.

Will it stay or will it go?

With new ownership of the La Cañada Flintridge Town Center, people are talking about the sale, what it could mean for the city and whether the oft-maligned parking garage might be knocked down to make a more pedestrian friendly plaza.

The Olberz family, founders of , sold the shopping plaza to IDS Real Estate Group of Los Angeles for more than $40 million, which was first reported by the .

Find out what's happening in La Cañada Flintridgefor free with the latest updates from Patch.

La Cañada Senior Planner Fred Buss said the new owners are interested in working with the to see events take place at Olberz Park in the hopes of increasing business.

The shopping center opened in 2008.

Find out what's happening in La Cañada Flintridgefor free with the latest updates from Patch.

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