Hines, a big developer with US headquarters in Houston, just snapped up a 3.5-acre parcel next to the current northeastern terminus of the Gold Line, according to real estate website CoStar. A 212-unit, four-story apartment complex is planned, with the units sitting atop two levels of parking (no mention of retail). Newport Beach-based architect Newman Garrison + Partners is behind the design; NGP also worked on the two big mixed-use projects in West Hollywood, known as the Jons- and Carl's Jr.-killers. This station, which will only serve as the northeastern terminus until about 2016 when the Gold Line extends to Azusa, has been pretty successful in attracting development, with the shiny Stuart Apartments and a theater company setting up shop nearby.
· Hines Buys Pasadena Site for New Apartments [CoStar]