Press release
New Grocery Outlet to Open in Chatsworth, CA
New Grocery Outlet in Chatsworth, ca
Grocery Outlet, a rapidly expanding grocer in Southern California, is due to open its Chatsworth store on March 25th. Grocery outlet joins Planet Fitness, Popeye’s, Jack in the Box, Starbucks, Teriyaki Madness and Everytable at The Gateway at Lassen. The center is also complemented by a 124-room Marriott Residence inn, currently under construction and due to open Q1, 2022. The Marriott hotel is being developed by Excel Hotel Group based in San Diego, California. “Despite unstable market conditions and COVID-related delays, we were able to bring together a very strong line-up of tenants that serve both the neighborhood and the surrounding businesses” emphasizes, Ielen Sarkisian, President of SDA who directed the marketing and tenanting of The Gateway at Lassen.
HRI Development embarked upon an exhaustive entitlement and construction process in 2016 to accomplish the completion of The Gateway at Lassen. The project is a welcomed improvement at the intersection of Lassen and Mason, the site of the first Safeway Supermarket in the San Fernando Valley dating back to 1955. “We are delivering to the community what we promised and we are grateful for the support we received from the Chatsworth Neighborhood Council and Councilman John Lee’s office,” said Hamo Rostamian, president of HRI Development.
HRI Development continues to seek and pursue opportunities to develop and build single tenant-net-leased projects across Southern California.
20 N Raymond Ave, Suite 300
Pasadena, CA 91103
HRI identifies and executes projects in high barrier to entry markets. Current emphasis is on ground-up net-leased retail and restaurant projects as well as in-fill commercial mixed-use opportunities. Principals and team members at the firm have extensive experience in identifying, securing, entitling and executing on complex projects in Southern California. Catering to the needs of national brand end users is a core strength of HRI Development.
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