InvestorsHub Logo

Gundy75

05/01/19 8:19 PM

#683 RE: Gundy75 #682

I guess there is no assurrance that TCNT is in their plan to use on this project but I thought that made sense and had great possibilities and is why I got in a few years ago. For those that have stuck with it you are likely to do quite well here if that is the marriage in the plans.

pennypauly

05/02/19 9:31 AM

#684 RE: Gundy75 #682

Thanks this is amazing news!!! We just need confirmation from the company

pennypauly

05/02/19 9:49 AM

#687 RE: Gundy75 #682

City of West Covina Selects Developer for Resort Hotel Project
Post Date:05/01/2019
For Immediate Release Contact: Nikole Bresciani
May 1, 2019 Assistant City Manager
(626) 939-8401


City of West Covina Selects
Developer for Resort Hotel Project

West Covina, May 1, 2019 – The City of West Covina is pleased to announce the selection of Singpoli Group, LLC of Arcadia, California as the master developer of a resort hotel and park space project. At their April 30, 2019 Meeting, the City Council selected the proposal submitted by Singpoli Group, LLC, and directed interim City Manager David Carmany to prepare and execute a Letter of Intent and to open escrow for the purchase and license of the site. In addition, Singpoli is seeking purchase of the former Redevelopment parcel as part of their development for the site.

The Singpoli proposal for development of the 218-acre site on Azusa Avenue includes a public park with amphitheater, horse & hiking trails, a glamping campsite, habitat preservation, a solar and green house program, a virtual reality park, an aerial adventure zipline park, and a 400-room resort hotel. “We look forward to working with the City of West Covina team” said William Chu.

The City received a total of four proposals. Proposals were submitted by Justus Enterprises, LLC, PVNavigator, LLC, Great Ecology, and Singpoli Group, LLC.
For questions or to learn more about West Covina contact City Hall at (626) 939-8401.