After 23 years of pushing to get the project through, the Georgian Revival Raymond Theatre in Old Pasadena will be converted into The Raymond Renaissance. A $45 million project consisting of 28 condominiums, 10 lofts, and retail geared to pull traffic away from the main Colorado Blvd. strip. Although quite a bit of opposition was met, this conversion is another point in the ongoing revitalization of Old Pasadena, which began years ago (Treasure Transformed, Pasadena Star News). With major retailers lining the streets, and high end restaurants on every corner, the Raymond Renaissance will further perpetuate the lifestyle Pasadenans have grown to love. Many new constructionsand conversions are popping up around Old Pasadena, a testament to the solid real estate market that insulates Pasadena.
Comments(0)