The Gateway Project finally broke ground last fall.
Written by KRISTY HSI, Associate Editor/ Published on February 21, 2014
After years of delay, The Gateway project is coming to life at the corner of Rosemead Boulevard and Las Tunas Drive.
The 76,000 square foot Mediterranean style project is planned to include commercial spaces nestled throughout four main buildings. The completed project will have room for retail, office, and restaurant spaces. There will also be a large parking lot.
“The estimated construction cost of the project is about $20, million,” Nassef Eskander, project manager, says.
According to Eskander, developer and owner Randy Wang secured funding last September and received construction permits from City Hall in October.
Since then, The Gateway has focused on the construction of its underground parking facility.
“We have completed 40 percent of the underground (subterranean) structure,” Eskander details. “It is anticipated that the underground parking will be completed by the end of March 2014 when above-deck buildings will start to be constructed.”
Eskander notes that the project is to be completed by the end of 2014. Tenant improvements will be made once leasing is determined.
The Gateway project has had a long and tumultuous history.
The developer and owner originally envisioned a mixed-use development known first as The Temple City Galleria and later as The Piazza Las Tunas. In 2006, the city approved the project (with a scheduled completion date in 2009), but Wang failed to start, likely due to a lack of funding.
After years of non-action, a legal dispute emerged between the developer and the city. Both parties eventually settled and the current Gateway project, a commercial only development, was born.