San Pedro Waterfront Development...
Transcript of San Pedro Waterfront Development...
San Pedro Waterfront Development EffortsPresentation for Trade, Commerce & Technology Committee
November 17, 2015
Ports O’ Call Area Redevelopment
Ports O’ Call Area Redevelopment Implementation Schedule
Sampson Way & 7th St. Intersection Improvements
Ports O’ Call Promenade and Parking
Town Square at 6th Street
Ports O’ Call (POC) AreaImplementation Schedule
POC -- INFRASTRUCTURE ELEMENTS
Sampson Way - 7th Street at Harbor Blvd.
Intersection Improvements
Promenade along Main Channel & Town Square at
6th and 7th Street
POC -- DEVELOPER ELEMENTS
Lease Approval
Design/Due Diligence
Construction Documents
Construction
2015 2016 2017 2018
Design Bid Construction
2015
Design Bid
2016 2017 2018
2019
2019
Construction
Ports O’ Call Area RedevelopmentAn Authentic & Unique Experience
The LA Waterfront is the only destination in Southern California set against the background of a working trade gateway – America’s Port.
• Unique setting and assets
• Development district is distinctively different from any other Southern California visitor destination
• New build and adaptive reuse opportunities
Our Unique LA Waterfront
Our Unique LA Waterfront
LA Waterfront 10-year Capital Improvement Program (CIP)
• Approx. $200 million for new public access projects through the Public Access Investment Plan
Wilmington Waterfront Projects
Avalon Boulevard Corridor – Phase I North
Avalon Boulevard Corridor – Phase IA South
Wilmington Pedestrian Bridge
San Pedro Waterfront Projects
Sampson Way & 7th St. Intersection Improvements
Ports O’ Call Promenade & Parking
Town Square at 6th Street
FY 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25
Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Sampson Way & 7th Street
Intersection Improvements x x x x x $13.6
Town Square at 6th Street x x x x x $4.1
Ports O’ Call Promenade and Parking x x x x x $34.5
Total San Pedro Waterfront $52.2
Wilmington Waterfront Promenade
and repurpose or demolition of former
Catalina Freight buildingx x x x x x $52.7
Harry Bridges Blvd. Beautification
between Island Ave. and Avalon Blvd. x x x x $17.4
Wilmington Waterfront Pedestrian
Bridge x x x x $14.9
Total Wilmington Waterfront $85.0
TOTAL $137.2
FY 14/15 15/16 16/17 17/18 18/19 19/20 20/21 21/22 22/23 23/24 24/25
Current Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
Sampson Way Roadway from Harbor
Blvd to SP Slip x x x x $8.5
Sampson Way South Roadway from
SP Slip to 22nd Street x x x x $24.5
Total San Pedro Waterfront $33.0
Avalon Triangle Park x x x $8.9
Total Wilmington Waterfront $8.9
TOTAL $41.9
*Environmental cleanup is not included in the cost estimates.
10-YEAR CAPITAL IMPROVEMENT PROGRAM PLANNING
LA Waterfront
(San Pedro and Wilmington)
10 year CIP*
(millions)
PROJECT IMPLEMENTATION
LA Waterfront
(San Pedro and Wilmington)
10 year CIP*
(millions)
POTENTIAL ADDITIONAL PROJECTS
February 11, 2015
Other Potential Projects
Sampson Way—Harbor Blvd to SP Slip
Avalon Triangle Park
Waterfront Linkages For Development
Master Planning for Pedestrian, Vehicular and Alternative Modes of Public Access to the Water’s Edge.
Waterfront Linkages: World Cruise Center
Waterfront Linkages: USS IOWA
Waterfront Linkages:Downtown Harbor
Waterfront Linkages:Public Events at the Downtown Harbor
Waterfront Linkages: CRAFTED at the Port of Los Angeles
Waterfront Linkages: Cabrillo Way Marina
Waterfront Linkages: AltaSea at the Port of Los Angeles
Linkage Implementation: Pedestrian
• Continued Promenade progress now connecting through Ports O’ Call
Linkage Implementation: Vehicular
• Sampson Way Roadway Project
Linkage Implementation: Alternatives
• Rubber Tire Trolley investment
• Bike Share concept
LA Waterfront Report to City Council
AttractPrivate Investment
Events & DestinationMarketing
Investment inPublic Access Infrastructure
Strategy: Build Value in Waterfront Assets
LA Waterfront Report to City Council
Waterfront & Commercial Real Estate Division
Waterfront Leasing Policy
• Commercial cycles for reinvestment
• Strategic term
Waterfront Development Strategy
LA Waterfront Web, Social Media & Advertising Awareness-building
Outreach to Private Developers and Investors
Thank You!