Rykadan Wins Monterey Park OK for 169-Unit Celadon, Cutting Retail 77%

The Monterey Park City Council has cleared a Hong Kong developer's third attempt at a long-vacant corner at Garvey and Garfield avenues, approving a seven-story, 169-unit rental building whose retail component has shrunk by more than three-quarters since the project was first entitled in 2021.