Posted inNews

Long Beach Industry Snapshots

The economy of the City of Long Beach is driven by a diversity of industries, some with roots to the earliest days of the city’s history and others that have blossomed more recently. The city’s economic strength and viability has been bolstered by the variety of its industries; when one slows, another is there to […]

Posted inNews

BizBrief: Today’s News To Know

City Council Voting On Controversial And Long-Awaited Items Tonight The Long Beach City Council is considering numerous controversial and long-awaited items during its meeting tonight, held 5 p.m. at City Hall. The agenda includes two appeals by long-time Westside businesses against the Port of Long Beach’s Pier B On-Dock Rail Support Facility Project; a request […]

Posted inNews

Council Authorizes City Attorney To Take BNSF Rail Project Case To State Supreme Court

After discussing the matter in closed session, the Long Beach City Council has authorized City Attorney Charles Parkin to appeal a state Court of Appeal’s ruling on BNSF Railway Co.’s Southern California International Gateway (SCIG) project to the California Supreme Court.   On January 12, the Court of Appeal ruled that the environmental impact report […]

Posted inReal Estate

Strong Demand And Increasing Rates Expected To Continue For Commercial Real Estate

Commercial real estate is expected to experience continued increases in rental and sale rates, as demand remains strong, according to industry experts. Vacancy rates have decreased year over year for office and industrial space, causing upward pressure on rental rates across the board. Vacancy and lease rates for retail space, despite perceived challenges, have remained […]

Posted inPorts

On-Dock Rail Facility Gets Green Light

The Long Beach Board of Harbor Commissioners approved the Pier B On-Dock Rail Support Facility, a project to expand on-dock rail capacity at the Port of Long Beach, on January 22. The board approved the final environmental impact report (EIR) for the project, selecting the largest possible footprint for the facility outlined in that document. […]