Tag: Hemanta Agarwala

  • Plans for new plaza could be part of revitalized Auburn Blvd

    Twin Oaks Plaza, Citrus Heights. Auburn Blvd
    A leasing brochure shows a rendering of plans for a vacant pad at Auburn Boulevard and Twin Oaks Avenue in Citrus Heights.

    By Thomas J. Sullivan–
    Efforts to begin the second phase of the city’s plan to revitalize Auburn Boulevard is good news to developer Hemanta Agarwala, who is hoping to build his 9,000-square-feet Twin Oaks Shopping Plaza at the corner of Auburn Boulevard and Twin Oaks Avenue.

    His project is located along one-mile stretch of Auburn Boulevard where the city will be undertaking an estimated $22 million project, known as the Auburn Boulevard Complete Streets Revitalization Project, Phase 2. The project will include similar improvements as the first phase, which covered the stretch of roadway from Sylvan Corners to Rusch Park.

    Related: Citrus Heights moving forward with $22M plan to revitalize Auburn Blvd

    “It’s great to hear that these new (Phase 2) improvements to Auburn Boulevard south of Interstate 80 will begin sometime in 2020,” he told The Sentinel by phone last month. “They can’t come soon enough.”

    Agarwala, a general contractor and licensed mechanical engineer, bought the parcel in 2007 and has invested about $1 million in the property already, including underground improvements, laying the concrete foundation, and getting approval for the project from the city planning commission. A building permit will be needed for further construction.

    “The project really has great potential, and it’s in a very high traffic area. It’s just minutes from the freeway and the Roseville city line,” he said.

    The Auburn Boulevard revitalization project, which was authorized in 2005, reimagines Auburn Boulevard as a “Gateway to Citrus Heights.” Auburn Boulevard from Sylvan Corners to Interstate 80 is a corridor that is home to over 200 businesses.

    Agarwala said he thought he would be able to secure an anchor tenant for Twin Oaks Plaza before beginning construction on the project, but with little success in doing so over the past decade, he is now considering filing the necessary revised permits to begin building the shopping plaza himself in 2020.

    Twin Oaks Plaza, Citrus Heights, vacant lot
    The corner of Auburn Boulevard and Twin Oaks Avenue has long been dormant, but a developer has plans to bring a shopping center to the lot. // CH Sentinel

    The single-story, 8,972 square-foot retail plaza would feature store fronts on both Auburn Boulevard and Twin Oaks Avenue. The site plan calls for seven potential tenants and is suitable for a mix of medical and professional businesses.

    Twin Oaks Plaza would include 36 parking spots in the rear, which would be accessed from Twin Oaks Avenue. Northbound and southbound traffic on Auburn Boulevard would be able to access the lot by turning on Twin Oaks Avenue at the traffic light.

    Agarwala acknowledged that through the years he’s wondered whether his investment in the one-acre parcel would ever pay off. He’s candid about the challenges he’s faced since he bought the parcel and hopes to see the project through to completion in 2020.

    According to his property’s leasing brochure, an estimated 30,000 vehicles pass through the intersection of Twin Oaks Avenue and Auburn Boulevard daily.

    Agarwala’s engineering form, Alpha, Inc. is based in Turlock. He wasn’t aware of the recent hire of Meghan Huber, the city’s new economic development manager or her role in actively marketing a database of vacant commercial space in the city.

    Huber told The Sentinel she would be calling Agarwala to talk to him about the city’s overall marketing plan for Auburn Boulevard, and Agarwala said he would welcome any help from the city.

    Related: City’s new hire seeks to boost business in Citrus Heights

    The nearly two-mile long Auburn Boulevard revitalization project was broken into two phases, with Phase 1 covering the section from Sylvan Corners to just beyond Antelope Road, and Phase 2 covering the remaining section up to Interstate 80.

    Completion of Auburn Boulevard Phase 1 came at a price tag of more than $15 million. Work included undergrounding utility wires, adding bus pull-outs and nearly 10,000 feet of bike lanes and sidewalks, planting 230 new street trees and installing energy-efficient streetlights.

    Similar features are planned for Phase 2, which are expected to begin in 2020.

  • Developer has big plans for vacant corner on Auburn Blvd.

    Twin Oaks Plaza, Citrus Heights, vacant lot
    The corner of Auburn Boulevard and Twin Oaks Avenue has long been dormant, but a developer has plans to bring a shopping center to the lot. // CH Sentinel

    Sentinel staff report–
    A long-dormant corner at Auburn Boulevard and Twin Oaks Avenue in Citrus Heights could soon become an attractive 9,000-square-feet shopping plaza with outdoor seating and parking in the rear — all that’s missing is tenants.

    Developer Hemanta Agarwala has been ready to build the Twin Oaks Plaza for the past 10 years, but struggled to find tenants after the market “fell through the crack” in 2008. Since acquiring the parcel in 2007, he’s invested about $1 million into the property already, including underground improvements, laying the foundation, and getting approval for the project from the planning commission.

    “The only thing left is vertical,” Agarwala told The Sentinel on Thursday, referring to walls being erected at the site. The city’s planning division confirmed the project has already been approved by the planning commission, with only a building permit needed for additional construction.

    Agarwala, a general contractor and licensed mechanical engineer, said he’s enlisted the help of a local commercial broker with Remax Gold to help find tenants for the new Twin Oaks Plaza.

    Related: See image of developer’s plan for Twin Oaks Plaza

    “It’s a really beautiful building that’s planned,” said broker associate Ranga Pathak, noting that tenants could be professional or retail. “I think it would do wonders for the boulevard.”

    A leasing brochure for the property shows a rendering of the design with seven potential tenants, but Pathak said the plaza would also work for a sole medical or professional business — or could also have as many as eight businesses. “We have a lot of flexibility at this point,” she said.

    The property is listed for lease at $2-per-square-foot, with purchase of the entire .61-acre parcel also listed as an option for $1.4 million.

    Pathak said the corner location would be great for retail, with the signalized intersection also being a plus for access. “It’s literally minutes from the freeway and Roseville border,” she said.

    The commercial broker said the owner also isn’t looking to get all tenants lined up in order to begin construction on the building. “If we can even get tenants for a good portion of the building, the owner will complete the building,” she said.

    Asked why the property hasn’t leased already, Pathak noted nearby vacancies and said getting tenants when the property has yet to be built is also a difficulty. She said the economic downturn played a role, but indicated there has been more interest in the property more recently.

    Auburn Boulevard Business Association President Richard Hale told The Sentinel he initially thought access to the property could have been a concern for potential tenants, but after reviewing the leasing packet and seeing the site plan he said access wouldn’t be a problem.

    Plans show 36 parking spots in the rear, which would be accessed from Twin Oaks Avenue. Both northbound and southbound traffic on Auburn Boulevard would be able to access the lot by turning on Twin Oaks Avenue at the traffic light.

    Related: New business association envisions bright future for Auburn Boulevard

    Hale, who also owns Walt’s Auto Service on Auburn Boulevard, said he’s confident that future improvements planned for “Phase 2” of the city’s Auburn Boulevard Complete Streets Revitalization Project will help boost business and fill vacancies on the boulevard.

    “You fast forward a few years from now when the [revitalization work] is done, I think parcels like that will be developed and looked at in a different light,” Hale said.

    The boulevard project was authorized in 2005 and envisioned a revitalized and enhanced section of Auburn Boulevard, from Sylvan corners to Interstate 80 — a corridor that is home to over 200 businesses. Due to the size and scope of the effort, the nearly two-mile long project was broken into two phases, with Phase 1 covering the section from Sylvan corners to just beyond Antelope Road, and Phase 2 covering the remaining section up to Interstate 80.

    Phase 1 work came with a price tag of more than $15 million and included undergrounding utility wires, adding bus pull-outs and nearly 10,000 feet of bike lanes and sidewalks, planting 230 new street trees, and installing energy-efficient street lights. Similar changes are being planned for Phase 2.

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