Los Angeles herald., 1910-08-14
SANTA MONICA SHOWING
PROGRESS IN BUILDING
Huge Development Propositions
Keep Promoters Busy.
Industry Projected

SANTA MONICA, Aug. 13.-Accord-
ing to local realty dealers, more sales
have been made in Santa Monica in the
past two months than in the previous
four months. This unusual activity is
accounted for by the announcement of
the proposed building of subway and
other track Improvements by the Los
Angeles Pacific Railway company.
Miles & Tegner, one of the Oldest
real estate firms in the city, have sold
numerous small properties in the last
few weeks, amounting in value to near
ly S50,0O0 Most of these sales were
made to newcomers here, which is tax
en- to show an increasing interest IN
Santa Monica property that is expected
to develop into q mild boom by rail-.
In high class residence lots there is a
strong movement in the Palisades dis
triet since the Robert Marsh ana the
Wright &y Calender companies OF Los
Angeles have made purchases of large
tracts of acreage in the northern part
of the city Both these companies eX-
pect to subdiVide their tracts ana pldce
Them on the market.
Demand for business block sites Is
more evident in what is known as the
s'middle' section of Santa Monica, IN
the vicinity of Fremont avenue. steps
are being taken by the city to open TINS
thoroughfare to the city hmlts east
ward to connect with the road TO Los
Angeles by way OF Plco street. si, i,,la ~ 20
expected that the opening VIII nave
heen accomplished in a few weeks ana
+he nropertv owners will then ask the
council to have the lower part OF the
avenue paved with asphalt Wne1
connleted. Fremont avenue is expected
to be the shortest and best built ROAD
between Los Angeles and the beach'
mi Nf1 10 n
NV Adolphus Busch, between ocean aV-
enue and Third street. on COLORADO ave
nue., is being filled in preparatory 10
beginnine the construction of q large
casino and garage, which the packers
of the project declare Will ecIpse any
thing of the kind in Southern Calllol
MIA The old site of the Arcadia hoIel,
now in control of the Carl f. Schader
land syndicate, is being divided INTO
lots for both residence and business
nurposes, and Schader reports stroHs
demand for these lots as soon as they
are nlaced on the market. Schader is
also grading and filing in a tract on
Fremont avenue, on the souln' VIM, ~,
is TO he known as Pacific Terrace On
tbe opposite side of Ocean avenue from
this tract it is planned to erect a brick
business block of two or more stories
East of this the Los Angeles-Pacillc
railway company is contemplating
constructing car barn anu sliop2, p,7,,I1ia @,,1o
1t is known that plans for this improve
ment have been approved.
Alfred Morris, former president OF
+be city council and a resident OF TINS
city for more than twenty years, de-
ciared that Santa Monica shows more
life and activity in real estate than at
any previous time in his memory;
1--WE are not having boom, salu
Morris. Its simply good, healthy
7 Glad 70 1t, lnefe
e No question in my mind about Santa
Monica becoming a great city in the
next next few years. I consider this the best
and most beautiful beach city IN can
fornia, and I think nothing can prevent
her from coming into her own