Los Angeles

Monterey Park Strip Mall On Chopping Block As 369-Unit Giant Looms

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Published on April 10, 2026
Monterey Park Strip Mall On Chopping Block As 369-Unit Giant LoomsSource: Unsplash/Etienne Girardet

A longtime strip mall at one of Monterey Park's busiest corners could be headed for a serious glow-up. Developers are floating plans for Deerfield Center, a five-story mixed-use complex that would replace the shopping center at the southeast corner of Atlantic Boulevard and Garvey Avenue. The proposal calls for roughly 369 apartments stacked above about 20,000 square feet of ground-floor retail and a single level of subterranean parking. Neighbors got their first look at the scheme during a developer-hosted community meeting in early April.

A notice from the City of Monterey Park announced a community meeting where the project team presented the proposal for 740–760 and 780 W. Garvey Ave and 220 S. Atlantic Blvd. According to the Tecton Group, the project would include 369 residential units, more than 20,000 square feet of commercial space and one level of underground parking. Meeting materials indicated the project team would walk through the site plan, unit mix and parking approach and invite feedback from attendees.

As reported by Urbanize LA, property records list ACEM, LLC as the owner of the site and indicate that ACEM is affiliated with Pasadena-based Tecton Group. The project's community flyer credits Carrier Johnson + Culture as the architect and shows conceptual massing, a retail promenade and amenity spaces; the flyer was distributed to attendees at the April session. Developer materials highlight on-site amenities including a pool, a sky deck and fitness facilities.

The new building would rise on land now occupied by Deerfield Plaza, a longtime shopping center at the corner, according to listings on LoopNet. The site sits across from Atlantic Times Square and near recent hotel and mixed-use investments, putting the proposal squarely in a corridor that has seen steady redevelopment. The developer has not released a construction timetable but lists the project as "developing" on its project page.

Next Steps for Deerfield Center

The meeting materials make clear the April session was organized by the project team and was not sponsored by the City of Monterey Park. For the proposal to advance, developers will need to file formal entitlement applications, undergo environmental review and seek approvals from the city's planning bodies. City notices encouraged attendees to review plans and share feedback at the April 2 session.

Tecton and its affiliated ownership group remain listed as the project's backers, but a firm timeline for formal filings or construction has not been released. In the weeks ahead, residents can expect formal application filings and entitlement hearings if the developer proceeds toward permitting.