434-470 North Lake Avenue Mixed-Use Development Opportunity

The City of Pasadena (City) is issuing this Request for Information (RFI), seeking responses from highly qualified development firms for the design, planning, financing, and development of the City-owned property at 434-470 North Lake Avenue. The property is located at the southeast corner of North Lake Avenue and Villa Street and encompasses three unoccupied medical office buildings totaling 24,871 square feet. The City is seeking information and a preliminary approach from developers that will suit a variety of uses as permitted by the City’s Zoning Code with priority emphasis on a mixed-use development that features housing, a minimum of 15,000 square feet of office space, and neighborhood-serving retail. The City of Pasadena will pursue development of this project consistent with the requirements of the Surplus Lands Act, California Government Code Section 54220, et seq .