When would be next housing Bottom?
- Thread starter OCLuvr
- Start date
NEW -> Contingent Buyer Assistance Program
What? Who is saying that "I know"...it's pretty obvious what they are doing.
LOL...I guess you are really distraught over the loss of the MC. I grieve with you.
When did I go against "traditional" business...I feel like you are fighting a strawman and feeling happy about it.
Again...my first comment on the subject:
Next comment:
Your comment:
My response:
Again...go read my actual comments...not what you think I said.
Yeah...like TIC cares about this board or me. LOL...go get a slice of MC pie and make yourself feel better.
The route you drove took you through mostly Monrovia,Irwindale, Baldwin Park, and Covina. The surface street you took to pass through Arcadia was most likely Huntington Dr or Foothill Blvd. That would not allow you to see the good part Arcadia that draws the FCBs. The Arcadia people actually talk about is north of Foothill Blvd the " mansion Arcadia" where it closely resembles Shady Canyon but with bigger lots.
I used to lived in Arcadia went there for high school. My parents owned a home in the Arcadia foothills before moving to Shady Canyon. Even they would call it similar.
Overall Arcadia has a diverse mix of Asian population similar to Irvine. Food and Business wise, it's definitely no worse than Irvine, at least from my perspective. Irvine has improved a lot but so has Arcadia. Which is why both cities are still pricey and attract FCBs.
I think you are chicken/egging this... those places started becoming popular in the last 10 years or so, some of them are brand new to SoCal.
I don't think it's totally TIC's vision, those places came to them, they didn't look for them.
And you forget to list the ones that came and went... Pizza 90 is closed, the Asian fusion place in Spectrum closed, stalwarts like Strickland's Ice Cream, Subway and Golden Spoon are closed. It's just the cycle of retail, not necessarily Bren's crystal ball.
Just like housing, people don't only want to live in Irvine, they want to open businesses here. Maybe TIC"s vision was to relax their requirements but what you see happening in Irvine is happening to most retail.
I don't think it's their vision at all...that's my point. They are trying to catch up to DJ, Northwood, and Mitsuwa malls because they got caught staring at the market rather than having the foresight and insight to see the impact a changing demographic (younger and more Asian) would have to Irvine and the businesses/restaurant they would want. They had a vision that was changed because it was forced upon them.
Take Orchard Hills....instead of putting an ethnic market there...they went back to a Pavilions...a "high-end" supermarket that is meant to serve a tradition American upper class family. They fundamentally ignored that fact that the surrounding area is like 60% Asian...not just Asian...1st generation Asian.
In all of TIC's plaza's...there is only one Asian market: 99 Ranch on Culver. H Mart, Zion, Mitsuwa, Seafood City, the other 99 Ranch are all in non-TIC malls. There are so many other Asian super market chains...HK, arriang, Murakai, Galleria, 168 that TIC could bring in but they have chosen not to. Instead, they have stuck with American markets like Ralph's, Albertson, Whole Foods, Sprouts, etc.
Now...I am not privy to TIC's internal data and polling so I am sure they have reasons to do what they do but TIC was caught reacting..rather than leading as they usually do.
One personal story on this issue...we considered opening a boba cafe back in 2006/2007 and contacted TIC about a potential site. The agent's response was "sorry..we are not adding any more boba shops...we don't think people need them."
That's more true for Rowland Heights and MP than Arcadia. Arcadia, overall, resembles more Irvine than Rowland Heights.
Irvine
1990 Total Population 110k, White 86k, Asian 19k
2000 Total Population 143k, White 87k, Asian 43k
2010 Total Population 212k, White 105k, Asian 95k
2017 Total Population 277k, White 113k, Asian 130k
.
Overall Irvine population grew 250% since 1990. White population certainly did not grow anywhere close to that (at 31%). Asian population grew 680% since 1990.
Yes but that was like mid-1990s....and they also have that Indian Mart in the marketplace.
But in totality...they have ignored ethnic and young customers for a long time.
I don't think that's an accurate statement. They weren't ignoring them, they were just waiting for more proof that the business will last. Take 85 degrees, posters here said they were turned down by TIC, but now there is one in the Spectrum (which had horrible service when I was there).
Also, based on the demographics that Kenkoko posted, seems like retail adjusted with the customer base... and it will always lag. And, if your city already has centers who will take on those higher risk businesses, then are you actually ignoring them?
DJ wasn't a hit when it first started, this stuff takes time.
Irvinecommuter
New member
IHO mentioned Orchard Hills...that is a such a mismanaged center.
That place should have significantly more Asian restaurants as well...I think people talked about a Korean or Ranch 99 market would have worked great there...instead they reopen the Pavilions and added a bunch of random restaurants/shops. I still have no idea how Zov's stays afloat there.
La Sirena, Peets, and Jinbei are doing decently. The Chinese restaurant is hit and miss and we go to that McD quite a lot.
That place should have significantly more Asian restaurants as well...I think people talked about a Korean or Ranch 99 market would have worked great there...instead they reopen the Pavilions and added a bunch of random restaurants/shops. I still have no idea how Zov's stays afloat there.
La Sirena, Peets, and Jinbei are doing decently. The Chinese restaurant is hit and miss and we go to that McD quite a lot.
Irvinecommuter
New member
eyephone said:
What? Who is saying that "I know"...it's pretty obvious what they are doing.
Irvinecommuter
New member
eyephone said:
LOL...I guess you are really distraught over the loss of the MC. I grieve with you.
Irvinecommuter
New member
eyephone said:
When did I go against "traditional" business...I feel like you are fighting a strawman and feeling happy about it.
Again...my first comment on the subject:
Next comment:
Your comment:
My response:
Again...go read my actual comments...not what you think I said.
Irvinecommuter
New member
eyephone said:
Yeah...like TIC cares about this board or me. LOL...go get a slice of MC pie and make yourself feel better.
irvinebullhousing
Well-known member
To be fair, no one have to sell TIC image. The system and stats has been in place for a few decades now. Every year the FBI crime reports generated and put Irvine on the top spots for safety. You also get the topography landscapes of mountain to sea and you can see this everyday to make it a desire able location to live in. Foods option are endless. Irvine is a well balanced well manage city.
Went and visit my brother in Torrance a couple of weeks ago. Pot holes are all the city and citizen are picketing and yelling why the conditions of roads are so bad. You got south central LA and Compton?s doing the same thing of yelling.
Went and visit my brother in Torrance a couple of weeks ago. Pot holes are all the city and citizen are picketing and yelling why the conditions of roads are so bad. You got south central LA and Compton?s doing the same thing of yelling.
Compressed-Village said:
The route you drove took you through mostly Monrovia,Irwindale, Baldwin Park, and Covina. The surface street you took to pass through Arcadia was most likely Huntington Dr or Foothill Blvd. That would not allow you to see the good part Arcadia that draws the FCBs. The Arcadia people actually talk about is north of Foothill Blvd the " mansion Arcadia" where it closely resembles Shady Canyon but with bigger lots.
I used to lived in Arcadia went there for high school. My parents owned a home in the Arcadia foothills before moving to Shady Canyon. Even they would call it similar.
Overall Arcadia has a diverse mix of Asian population similar to Irvine. Food and Business wise, it's definitely no worse than Irvine, at least from my perspective. Irvine has improved a lot but so has Arcadia. Which is why both cities are still pricey and attract FCBs.
Arcadia is a good example to illustrate, at least in part, what Irvinecommuter is saying. Free market without a gatekeeper like TIC, essentially allowed Asian restaurants to develop naturally as the demographic shifted in Arcadia. That?s why there were many Asian restaurants like Din Tai Fung decades before Irvine.
Take 85 degree for example. 85 degree was denied multiple times by TIC not because they were not willing to pay top dollar. They were denied because it did not align with TIC?s vision, at least initially. TIC was slow to adapt to what a younger more Asian demographic wanted.
Take 85 degree for example. 85 degree was denied multiple times by TIC not because they were not willing to pay top dollar. They were denied because it did not align with TIC?s vision, at least initially. TIC was slow to adapt to what a younger more Asian demographic wanted.
zubs
Well-known member
My feeling is Arcadia/Rowland Heights/Monterey Park are all more Asian than Irvine meaning people speak asian there more than english, and there are way more asian store signs in asian languages. However, with all the new asian eateries and shops opening up, I see Irvine changing. Perhaps TIC is trying to slow it down at the cost of making more money.
There is a study that shows something like 150,000 people left CA in 2018, but 200,000 immigrants came in.
I'm guessing white flight.
There is a study that shows something like 150,000 people left CA in 2018, but 200,000 immigrants came in.
I'm guessing white flight.
irvinehomeowner
Well-known member
Irvinecommuter said:
I think you are chicken/egging this... those places started becoming popular in the last 10 years or so, some of them are brand new to SoCal.
I don't think it's totally TIC's vision, those places came to them, they didn't look for them.
And you forget to list the ones that came and went... Pizza 90 is closed, the Asian fusion place in Spectrum closed, stalwarts like Strickland's Ice Cream, Subway and Golden Spoon are closed. It's just the cycle of retail, not necessarily Bren's crystal ball.
Just like housing, people don't only want to live in Irvine, they want to open businesses here. Maybe TIC"s vision was to relax their requirements but what you see happening in Irvine is happening to most retail.
Irvinecommuter
New member
irvinehomeowner said:
I don't think it's their vision at all...that's my point. They are trying to catch up to DJ, Northwood, and Mitsuwa malls because they got caught staring at the market rather than having the foresight and insight to see the impact a changing demographic (younger and more Asian) would have to Irvine and the businesses/restaurant they would want. They had a vision that was changed because it was forced upon them.
Take Orchard Hills....instead of putting an ethnic market there...they went back to a Pavilions...a "high-end" supermarket that is meant to serve a tradition American upper class family. They fundamentally ignored that fact that the surrounding area is like 60% Asian...not just Asian...1st generation Asian.
In all of TIC's plaza's...there is only one Asian market: 99 Ranch on Culver. H Mart, Zion, Mitsuwa, Seafood City, the other 99 Ranch are all in non-TIC malls. There are so many other Asian super market chains...HK, arriang, Murakai, Galleria, 168 that TIC could bring in but they have chosen not to. Instead, they have stuck with American markets like Ralph's, Albertson, Whole Foods, Sprouts, etc.
Now...I am not privy to TIC's internal data and polling so I am sure they have reasons to do what they do but TIC was caught reacting..rather than leading as they usually do.
One personal story on this issue...we considered opening a boba cafe back in 2006/2007 and contacted TIC about a potential site. The agent's response was "sorry..we are not adding any more boba shops...we don't think people need them."
zubs said:
That's more true for Rowland Heights and MP than Arcadia. Arcadia, overall, resembles more Irvine than Rowland Heights.
zubs said:
Irvine
1990 Total Population 110k, White 86k, Asian 19k
2000 Total Population 143k, White 87k, Asian 43k
2010 Total Population 212k, White 105k, Asian 95k
2017 Total Population 277k, White 113k, Asian 130k
.
Overall Irvine population grew 250% since 1990. White population certainly did not grow anywhere close to that (at 31%). Asian population grew 680% since 1990.
irvinehomeowner
Well-known member
Well... TIC added 99 Ranch before any of the non-TIC centers added their larger Asian supermarkets (except for the Indian/Persian one near Buffalo Wild Wings and a smaller Asian market that used to be in Heritage Plaza).
Irvinecommuter
New member
irvinehomeowner said:
Yes but that was like mid-1990s....and they also have that Indian Mart in the marketplace.
But in totality...they have ignored ethnic and young customers for a long time.
irvinehomeowner
Well-known member
Irvinecommuter said:
I don't think that's an accurate statement. They weren't ignoring them, they were just waiting for more proof that the business will last. Take 85 degrees, posters here said they were turned down by TIC, but now there is one in the Spectrum (which had horrible service when I was there).
Also, based on the demographics that Kenkoko posted, seems like retail adjusted with the customer base... and it will always lag. And, if your city already has centers who will take on those higher risk businesses, then are you actually ignoring them?
DJ wasn't a hit when it first started, this stuff takes time.