Linda Vista ENA for joint occupancy
Pasadena UnifiedCalifornia- Detected
- Oct 22, 2026
- 12 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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From the meeting
On October 22, 2026 the Board considered the exclusive negotiating agreement (ENA) for the Linda Vista joint occupancy development after selecting InSite Realty Advisors as preferred developer on June 25, 2026. CWL Development Company, LLC, formed by InSite for the project, would use the ENA to complete due diligence, outreach, and feasibility work before any final ground lease. The ENA includes $250,000 deposits, a possible $50,000 extension payment per term, and $50,000 in consultant reimbursements.
Final project agreement and ground lease still return to the Board for approval.
- Meeting date
- October 22, 2026
- Agency
- Pasadena Unified
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