Greg Devereaux, Ontario city manager, tells GlobeSt.com that theproposed sale will go before the Ontario City Council Nov. 9. Theland that Panattoni would buy stretches along the I-10 Freeway andis bordered by Fourth Street to the north, Milliken Avenue to theeast and Haven Avenue to the west. The city has owned it sinceAugust 1998, when it bought a 200-acre tract from the developersConcours and Regis for $17 million.

Panattoni's project would be called Piemonte and would compriseapproximately 380,000 sf of class A office space, 800 condominiumsbuilt adjacent to and above 55,000 sf of retail as part of what thecity describes as a "Main Street-style live, work, playexperience." Plans also include an additional 309,000 sf oflifestyle-oriented retail, a proposed 45,000-sf health club andfitness center, and a 236-room hotel.

If the sale is approved, the city's events center would be builton a 23-acre site next to Panattoni's mixed use development. Theevents center would house minor league hockey and an ABAprofessional basketball team as well as family-orientedentertainment or concerts. The city would choose an operator forthe events center, Devereaux explains, and would work with theoperator to choose an architect and a construction manager for thecenter. If all goes as hoped, construction would begin in 2005,with completion in early 2007.