Port of LA Waterfront Property Draws Developer Interest

Press Release
Wednesday, October 10, 2012
Photo credit Port of Los Angeles

Port of Los Angeles receives 8 proposals to develop its 30-acre LA waterfront property.

The 30-acre, fully entitled San Pedro waterfront property is known as Ports O’ Call Village, located along the Port’s Main Channel and adjacent to downtown San Pedro. The deadline for submitting proposals was Friday, Oct. 5th.

The development site includes 3,000 linear feet of rare water frontage and 375,000 square feet of retail and tourism-related entitled uses.  Located at the south end of the Harbor (I-110) Freeway, the site is conveniently accessible to downtown Los Angeles and other key areas of Southern California.
 
To review and score the proposals, the Port has assembled a five-member panel that includes two Port representatives and three other individuals with extensive redevelopment and urban planning experience.  The panel will conduct interviews and use the evaluation criteria outlined in the Request for Qualifications issued by the Port in July 2012 to score proposals.  Among the criteria are development strategy, vision for the parcel, experience in developing premiere and unique commercial real estate projects, as well as experience working with public agencies.

“We are very pleased with the number of responses,” said Port Executive Director Geraldine Knatz, Ph.D. “We received proposals from a variety of respected, experienced and well-financed firms that see great potential and possibility for this unique waterfront site.”

The proposed redevelopment site is in the immediate vicinity of several public waterfront enhancements, including a new downtown harbor and public plaza slated for completion in 2014.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

US Navy: Future USS John Finn (DDG 113) Launched

The future USS John Finn (DDG 113) was launched at the Huntington Ingalls Industries (HII) shipyard March 28.  During launch the drydock was flooded allowing the

WISTA AGM to Address Emerging Shipping Challenges

WISTA USA (Women’s International Shipping and Trading Association) is putting the final touches on a high-profile speaker line-up that will headline its upcoming

WOW at USMMA

The United States Merchant Marine Academy Hosts 7th Annual Women on the Water Conference. Last week, The United States Merchant Marine Academy (USMMA) in conjunction with the U.

Ports

Sea Star Continues Puerto Rico Investments

Sea Star Line, LLC has entered an agreement to on-hire another barge to add to its current service package for shipments from Jacksonville to Puerto Rico.   The

Rand Logistics Announces Debt Refinancing

Rand Logistics, Inc. announced today that it has closed a $170.0 million revolving loan facility which refinanced approximately $102.0 million of the company's

Rotterdam Gate LNG Terminal Expansion Started

Dutch gas network operator Gasunie and tank storage service provider Vopak said on Monday that the expansion of their Gate liquefied natural gas (LNG) terminal in Rotterdam has begun.

 
 
Maritime Careers / Shipboard Positions Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1562 sec (6 req/sec)