Anthony Pirozzi News

The Los Angeles City Council unanimously approved a 50-year lease to transform  a 100-year-old pier on the L.A. Waterfront in San Pedro into a world-class urban marine research and innovation center called AltaSea at the Port of Los Angeles. The lease agreement – signed between the Port of Los Angeles and Rockefeller Philanthropy Advisors, the latter who currently serves as the fiscal sponsor for the AltaSea project – involves approximately 35 acres of land and water at the Port’s City Dock No. 1 site, Berths 56-60 and Berths 70-71. “Public-private partnerships like AltaSea represent an innovative way to encourage investment and redevelopment in our communities,” said Los Angeles Mayor Eric Garcetti.

The newly assembled Los Angeles Board of Harbor Commissioners held its first meeting, with four of the five-member panel newly appointed by Los Angeles Mayor Eric Garcetti. Three of the commissioners are Harbor Area residents. The Harbor Commission is expected to elect its president and vice-president at the next Board meeting on December 12 th. “Spurring investment and creating job opportunities at our nation’s No. 1 Port is critical to Los Angeles and the entire country,” said Mayor Garcetti.