May 19, 2015 – A public/private venture between Serrano Development Group, Mapleton Investments, RDS Real Estate, Laemmle Theatres and the City of Glendale culminated in the groundbreaking of Laemmle Lofts today. Laemmle Lofts is mixed-use project with 42 multifamily units over a five screen Laemmle Theatre, a new Panda Inn Restaurant and a single level of subterranean parking. It will be located immediately adjacent to the historic Alex Theatre and the northern anchor of the city’s Arts and Entertainment District.
Representatives from all stakeholders attended the ceremony, who each spoke briefly about their perspectives on the project. Speakers included Marc Nathanson (Chairman of Mapleton Investments), Jay Reisbaum (SVP of Laemmle Theatres) and Ara Najarian (Mayor of City of Glendale).
Food for the event was generously provided by Panda Inn. Pacific Empire Builders will be the General Contractor.