Eight candidates are vying for the 1st District seat on the Long Beach City Council in a special election on November 5. Keeping with tradition, the Business Journal requested that each of the candidates respond to a questionnaire in order to inform voters about their stances on matters of importance to the district and the […]
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Real Estate & Development
Carson Breaks Ground On Massive Outlet Mall Officials from the Carson Reclamation Authority (CRA), the City of Carson and the state government celebrated the early stages of site work for the Los Angeles Premium Outlets, an upscale outlet center off the 405 Freeway at Avalon Boulevard, on August 14. “This landfill closed in 1968. For […]
Posted inPorts
Port Staff Working To Reduce Risks Associated With On-Dock Rail Project
After the Long Beach Board of Harbor Commissioners approved two contracts in early July to help facilitate program management and design for the Pier B On-Dock Rail Support Facility, work is underway to mitigate risks associated with the project, according to a Port of Long Beach official. The Pier B On-Dock Rail Support Facility project […]
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Major Retail Projects Taking Shape Across Long Beach
From Pacific Coast Highway (PCH) to 61st Street and Atlantic Avenue, major retail centers are sprouting up from one end of Long Beach to the other. Construction is ongoing at the corner of 2nd Street and PCH, where a 245,000-square-foot commercial complex is replacing the SeaPort Marina Hotel. A joint venture between property owner Raymond […]
Posted inAerospace, Health Care, Ports, Real Estate
Long Beach Industry Snapshots
A diversity of business sectors drive the Long Beach economy, some with roots dating back to the city’s origins, and others that have blossomed more recently. The city’s economic strength and stability has been bolstered by the variety of its industries; when one slows, another is there to pick up the slack. Major employers in […]
Posted inReal Estate
Real Estate Experts Anticipate More Of The Same Across All Markets In 2019
Throughout 2019, real estate markets are expected to remain stable, with some performing stronger than others, according to industry experts. Measured price increases for the residential and industrial markets are likely to continue, explained Edward Coulson, a professor of economics and the director of research at the University of California, Irvine’s Center for Real Estate. […]
Posted inPorts
Unresolved Business 2018
As 2018 draws to a close, there are a number of unresolved or unfinished matters that stand to impact the City of Long Beach in the future. The Business Journal has compiled a list of updates for several of these issues, including: the state’s minimum wage increase, the city’s Styrofoam ban, the future of Community […]
Posted inNews
Higher Education Center Could Come To North Long Beach
A proposal by 9th District Councilmember Rex Richardson to explore the feasibility of establishing a higher education center in North Long Beach was unanimously passed by the city council on November 13. Richardson requested the city manager to work with Long Beach City College (LBCC), the Long Beach Economic Development Department, Pacific Gateway and Long […]
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Real Estate & Development
Boeing Puts C-17 Site Up For Sale The Boeing Company on November 5 listed its former C-17 Globemaster III manufacturing site for sale. Adjacent to Long Beach Airport, the property is approximately 90 acres, or more than 3.92 million square feet. The listing is being handled by commercial real estate brokerage firm Newmark Knight Frank […]
Posted inNews
Talking Business With The City Council: Roberto Uranga, 7th District
LBBJ: Do you feel business owners in your council district are happy with the direction the city is going? Uranga: Absolutely. We’re able to convert a lot of businesses into something that’s going to be thriving, that’s going to be economically feasible, that’s going to provide a profit for them. That’s one of the reasons […]