San Pedro Waterfront Development Efforts Presentation for Trade, Commerce & Technology Committee
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1 San Pedro Waterfront Development Efforts Presentation for Trade, Commerce & Technology Committee November 17, 2015
2
3 Ports O Call Area Redevelopment
4 Ports O Call Area Redevelopment Implementation Schedule Sampson Way & 7th St. Intersection Improvements Town Square at 6 th Street Ports O Call Promenade and Parking
5 Ports O Call (POC) Area Implementation Schedule POC -- INFRASTRUCTURE ELEMENTS Sampson Way - 7th Street at Harbor Blvd. Intersection Improvements Promenade along Main Channel & Town Square at 6th and 7th Street Design Bid Construction Design Bid Construction POC -- DEVELOPER ELEMENTS Lease Approval Design/Due Diligence Construction Documents Construction
6 Ports O Call Area Redevelopment An 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
7 Our Unique LA Waterfront
8 Our Unique LA Waterfront
9 LA Waterfront 10-year Capital Improvement Program (CIP) Approx. $200 million for new public access projects through the Public Access Investment Plan
10 Wilmington Waterfront Projects Avalon Boulevard Corridor Phase I North Wilmington Pedestrian Bridge Avalon Boulevard Corridor Phase IA South
11 San Pedro Waterfront Projects Sampson Way & 7th St. Intersection Improvements Town Square at 6 th Street Ports O Call Promenade & Parking
12 PROJECT IMPLEMENTATION LA Waterfront (San Pedro and Wilmington) 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 year CIP* (millions) 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 building x 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 POTENTIAL ADDITIONAL PROJECTS LA Waterfront (San Pedro and Wilmington) 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 year CIP* (millions) 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
13 Other Potential Projects Sampson Way Harbor Blvd to SP Slip Avalon Triangle Park
14 Waterfront Linkages For Development Master Planning for Pedestrian, Vehicular and Alternative Modes of Public Access to the Water s Edge.
15 Waterfront Linkages: World Cruise Center
16 Waterfront Linkages: USS IOWA
17 Waterfront Linkages: Downtown Harbor
18 Waterfront Linkages: Public Events at the Downtown Harbor
19 Waterfront Linkages: CRAFTED at the Port of Los Angeles
20 Waterfront Linkages: Cabrillo Way Marina
21 Waterfront Linkages: AltaSea at the Port of Los Angeles
22 Linkage Implementation: Pedestrian Continued Promenade progress now connecting through Ports O Call
23 Linkage Implementation: Vehicular Sampson Way Roadway Project
24 Linkage Implementation: Alternatives Rubber Tire Trolley investment Bike Share concept
25 LA Waterfront Report to City Council Strategy: Build Value in Waterfront Assets Investment in Public Access Infrastructure Events & Destination Marketing Attract Private Investment
26 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
27 Thank You!
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