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Construction is underway on The Aster, a 218-unit mixed-use development on the southwest corner of East Broadway and Long Beach Boulevard in Downtown Long Beach.
“This type of housing is so needed in our communities,” 1st District Councilwoman Mary Zendejas said.
“Long Beach is a much bigger and better city due to the presence of Ensemble,” Mayor Robert Garcia said in a statement.
The Bixby Knolls Business Improvement Association is set to receive $200,000 in gap funding as part of a $1.3 million spending package unanimously approved by the City Council Tuesday.
Rocket Lab, a Long Beach-based manufacturer and launch service provider, went public today on the Nasdaq stock exchange when it opened at 9:30 a.m. EST.
“In general, there’s lots of demand and very limited supply,” Ryan Endres, a principal with Lee & Associates Commercial Real Estate Services, said of the industrial market.
Small satellite launch company Virgin Orbit is preparing to go public, announcing Monday it will merge with a special purpose acquisition company, or SPAC, to list on the Nasdaq stock exchange by the end of the year.
Excited passengers of all ages were anxious to board Carnival Cruise Line’s Panorama in Long Beach Saturday, marking the end of 17 cruiseless months due to the pandemic.
The third and final phase of one of the world’s greenest and most technologically advanced cargo facilities, the Long Beach Container Terminal at Middle Harbor, has been completed, Port of Long Beach officials announced Friday.