Pasadena: A Hot Marketplace

If there is an economic slowdown, nobody told Pasadena. A building boom is ongoing there, with no end in sight.

1 minute read

January 9, 2001, 10:15 AM PST

By Gwen Hilburn


Several major projects are in progress in Pasadena, including the $200-million Paseo Colorado, an entertainment and retail complex. There is a low vacancy rate and rents are rising. There is a big demand for the Pasadena marketplace. Developers and property owners don't see an end.

Thanks to Gwenn Hilburn

Tuesday, January 9, 2001 in The Los Angeles Times

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