Ports Break Cargo Records
The ports of Long Beach and Los Angeles both achieved all-time records for cargo throughput last year. The Port of Los Angeles today announced that 2017 was its best year ever for cargo traffic, with 9,343192 twenty-foot equivalent units (TEUs) of cargo having moved through the port. The Port of Long Beach has yet to release official figures, but in an interview with the Business Journal last week, Executive Director Mario Cordero confirmed that the port would soon announce that 2017 was its all-time best year, as well.
New Tenants Announced For Long Beach Exchange
New tenants have leased future spaces at Long Beach Exchange, a retail center under construction at Douglas Park. Developer Burnham-Ward Properties and its affiliates Burnham USA and Rockwood Capital today announced that ULTA Beauty, Images Luxury Nail Lounge and T-Mobile as tenants at the center, which is slated to open in the spring.
Port Of Long Beach Releases Pier B Railyard Report
The Port of Long Beach released the final environmental impact report (EIR) for its proposed Pier B On-Dock Rail Support Facility today. The document outlines three possible project options, with staff recommending the largest project footprint. Some changes were made in the final draft that reduced impacts to properties and businesses within the project area. Click here to view the EIR. For more information, pick up next week’s copy of the Business Journal.
DLBA Launches Free Program To Connect Entrepreneurs
The Downtown Long Beach Alliance (DLBA) is partnering with the Kauffman Foundation to launch 1 Million Cups, a free program for “entrepreneurs, innovators funders and other community members interested in investing in Downtown Long Beach.” Beginning February 7, meetings take place every first Wednesday of the month through January 2019. 1 Million Cups is a national program designed to connect entrepreneurs. Click here to register or for more information.
Martin Luther King, Jr. Parade And Celebration Tomorrow
The 30th Annual Martin Luther King (MLK) Jr. Parade and Celebration takes place tomorrow, January 13. The parade begins at 10:30 a.m. at the intersection of Anaheim Street and MLK Jr. Ave. A celebration takes place from noon to 5 p.m. at MLK Jr. Park, 1950 Lemon Ave.