San Pedro Waterfront Development...

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San Pedro Waterfront Development Efforts Presentation for Trade, Commerce & Technology Committee November 17, 2015

Transcript of San Pedro Waterfront Development...

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San Pedro Waterfront Development EffortsPresentation for Trade, Commerce & Technology Committee

November 17, 2015

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Ports O’ Call Area Redevelopment

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Ports O’ Call Area Redevelopment Implementation Schedule

Sampson Way & 7th St. Intersection Improvements

Ports O’ Call Promenade and Parking

Town Square at 6th Street

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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

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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

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Our Unique LA Waterfront

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Our Unique LA Waterfront

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LA Waterfront 10-year Capital Improvement Program (CIP)

• Approx. $200 million for new public access projects through the Public Access Investment Plan

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Wilmington Waterfront Projects

Avalon Boulevard Corridor – Phase I North

Avalon Boulevard Corridor – Phase IA South

Wilmington Pedestrian Bridge

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San Pedro Waterfront Projects

Sampson Way & 7th St. Intersection Improvements

Ports O’ Call Promenade & Parking

Town Square at 6th Street

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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

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Other Potential Projects

Sampson Way—Harbor Blvd to SP Slip

Avalon Triangle Park

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Waterfront Linkages For Development

Master Planning for Pedestrian, Vehicular and Alternative Modes of Public Access to the Water’s Edge.

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Waterfront Linkages: World Cruise Center

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Waterfront Linkages: USS IOWA

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Waterfront Linkages:Downtown Harbor

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Waterfront Linkages:Public Events at the Downtown Harbor

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Waterfront Linkages: CRAFTED at the Port of Los Angeles

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Waterfront Linkages: Cabrillo Way Marina

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Waterfront Linkages: AltaSea at the Port of Los Angeles

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Linkage Implementation: Pedestrian

• Continued Promenade progress now connecting through Ports O’ Call

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Linkage Implementation: Vehicular

• Sampson Way Roadway Project

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Linkage Implementation: Alternatives

• Rubber Tire Trolley investment

• Bike Share concept

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LA Waterfront Report to City Council

AttractPrivate Investment

Events & DestinationMarketing

Investment inPublic Access Infrastructure

Strategy: Build Value in Waterfront Assets

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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

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Thank You!