{"id":1004104331,"date":"2014-10-21T05:21:44","date_gmt":"2014-10-21T13:21:44","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004104331"},"modified":"2022-12-07T22:19:19","modified_gmt":"2022-12-08T06:19:19","slug":"october-issue-pioneer-spirit","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/october-issue-pioneer-spirit\/","title":{"rendered":"Pioneer Spirit: Arturo Sneider"},"content":{"rendered":"<p><strong>Arturo Sneider Forges New Paths for Retail in Urban Markets<\/strong><\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/09\/Arturo_Sneider_480x270.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004104333\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/october-issue-pioneer-spirit\/arturo_sneider_480x270\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/09\/Arturo_Sneider_480x270.jpg\" data-orig-size=\"479,270\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Arturo_Sneider_480x270\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/09\/Arturo_Sneider_480x270.jpg?w=479\" class=\"alignright  wp-image-1004104333\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/09\/Arturo_Sneider_480x270.jpg\" alt=\"Arturo_Sneider_480x270\" width=\"335\" height=\"189\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/09\/Arturo_Sneider_480x270.jpg 479w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/09\/Arturo_Sneider_480x270.jpg?resize=300,169 300w\" sizes=\"auto, (max-width: 335px) 100vw, 335px\" \/><\/a><\/p>\n<p><em>By Paul Rosta, Senior Editor<\/em><\/p>\n<p>At first glance, Plaza Pacoima Regional Shopping Center might seem interchangeable with scores of other retail properties that dot metropolitan Los Angeles. Located on West Paxton Street in Pacoima, a working-class community in Los Angeles\u2019 San Fernando Valley, the property offers a Costco Wholesale Warehouse, a Best Buy and additional office and retail space. But in truth, Plaza Pacoima is a milestone disguised as a 203,000-square-foot power center.<\/p>\n<p>Completed at a cost of $78 million in 2010, the project revived an abandoned industrial site and created a local economic engine. That mission attracted the support of a coalition of elected officials, city agencies, community leaders and lenders. But its most lasting contribution may be bringing badly needed retail services to a community that had long been neglected by national brands. In that respect, Plaza Pacoima reflects the ingenuity, insight and dogged persistence of its Los Angeles-based developer, Primestor Development Inc., and its CEO, Arturo Sneider.<\/p>\n<p>Throughout its 20-year history, Primestor has pioneered retail development in underserved urban communities, especially Hispanic areas. Specializing in ground-up development of properties in the 300,000- to 500,000-square-foot range, Sneider has overseen the creation of stylish, individually crafted projects in its Southern California backyard and as far away as Chicago. \u201cHe builds them like he\u2019s going into a high-end community,\u201d explained Jeffrey Johnson, a senior vice president in the Los Angeles office of Wells Fargo, which has provided financing for several Primestor projects. On a visit to one center, Johnson recalled, \u201cI felt like I was in Malibu.\u201d<\/p>\n<p><a title=\"CPE October Cover Story\" href=\"https:\/\/www.bluetoad.com\/publication\/?i=226431&amp;p=26\" target=\"_blank\" rel=\"noopener\">Read the full article in the October 2014 issue of <i>CPE<\/i>. Access is free!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For more than two decades, Los Angeles-based Primestor Development Inc. has been introducing national retail brands to urban communities long bypassed by others. Under CEO Arturo Sneider, the company brings together elected officials, community leaders, lenders and other stakeholders and creates architecturally appealing projects with a varied lineup of retailers carefully tailored to the community\u2019s needs. <\/p>\n","protected":false},"author":749,"featured_media":1004104333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21783,21744,21749,15],"tags":[],"class_list":["post-1004104331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-investment","category-people","category-retail","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pioneer Spirit: Arturo Sneider - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/october-issue-pioneer-spirit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pioneer Spirit: Arturo Sneider\" \/>\n<meta property=\"og:description\" content=\"For more than two decades, Los Angeles-based Primestor Development Inc. has been introducing national retail brands to urban communities long bypassed by others. Under CEO Arturo Sneider, the company brings together elected officials, community leaders, lenders and other stakeholders and creates architecturally appealing projects with a varied lineup of retailers carefully tailored to the community\u2019s needs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/october-issue-pioneer-spirit\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-10-21T13:21:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T06:19:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/09\/Arturo_Sneider_480x270.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"479\" \/>\n\t<meta property=\"og:image:height\" content=\"270\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michelle Matteson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/october-issue-pioneer-spirit\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/october-issue-pioneer-spirit\\\/\"},\"author\":{\"name\":\"Michelle Matteson\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/ce63156240559ff77c3e312e47502b33\"},\"headline\":\"Pioneer Spirit: Arturo Sneider\",\"datePublished\":\"2014-10-21T13:21:44+00:00\",\"dateModified\":\"2022-12-08T06:19:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/october-issue-pioneer-spirit\\\/\"},\"wordCount\":283,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/october-issue-pioneer-spirit\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2014\\\/09\\\/Arturo_Sneider_480x270.jpg\",\"articleSection\":[\"Development\",\"Investment\",\"People\",\"Retail\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/october-issue-pioneer-spirit\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/october-issue-pioneer-spirit\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/october-issue-pioneer-spirit\\\/\",\"name\":\"Pioneer Spirit: Arturo Sneider - 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