The Project Team
The Stavert Family
In 1953, Walter Stavert, along with four partners, purchased the Pickwick Swim Park and Pickwick Riding Stables on Riverside Drive between Main Street and Mariposa. Being in the plumbing business, and having a ranching and equestrian love, Walter and his partners were excited about the project.
In 1958, they decided to enter the bowling business, a business which was booming nationally. A five-acre parcel of land adjacent to the Pickwick Swim Park was sold to fund the construction of the bowl. Two years later they were approached about the possibility of building an ice skating rink, the partners decided to go forward and funded construction of the rink with an additional sale of vacant land, including residential lots on Mariposa Street. The banquet and conference facility was added and expanded over the next 20 years.
The past sixty years have seen five generations of Staverts working at Pickwick Gardens. Ron Stavert, current President and Chief Executive Officer started out as young boy renting inner tubes to swimmers during the summer at the Pickwick pool. Ron has two adult children working alongside him at Pickwick Gardens today.
The Staverts chose to partner with Shea Properties as they are uniquely positioned, as a diverse real estate development company with commercial and residential expertise and a solid reputation in Southern California, to consider all possibilities and to work with the Rancho neighborhood and greater Burbank community to identify the best options for the property.
Since beginning operations in 1969, the Shea Properties portfolio has grown steadily to include nearly 5 million square feet of office, industrial and retail space, and 7,500 apartment units in California, Colorado and Washington state. Currently, Shea Properties has more than $1 billion in development and construction underway with a strong pipeline of future projects. Most importantly, Shea Properties sees all of its development projects as long-term investments and rarely sell for short-term gain.
The Shea Family of Companies is a family-owned business with a long history of milestone projects. Established in 1881, the company dug the footings for San Francisco's iconic Golden Gate Bridge, the diversion channels for the Hoover Dam, the tunnels for the Bay Area Rapid Transit system, and more recently, are part of a team tunneling under Los Angeles for both the Purple Line extension and the LAX to Crenshaw line. In addition to its heavy construction division, Shea Homes will build its 100,000 single-family home this year.