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REDONDO BEACH CITY COUNCIL PASSES WATERFRONT LEASE FRAMEWORK
February 1, 2017
The Waterfront continues to move forward as the Redondo Beach City Council gives its stamp of approval to the lease agreement. Financial analyses presented at City Council meeting found that The Waterfront has the “right mix and ratio of tenants” and that CenterCal looks like it will have sufficient financing. Further, the City will benefit from increased tax revenues, rent from CenterCal and more than $100 million in infrastructure improvements funded by CenterCal.
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REDONDO BEACH WATERFRONT LEASE CONTRACT RECEIVES CITY APPROVAL
February 1, 2017
The Redondo Beach City Council has approved the lease agreement for The Waterfront. Now that the contract has been signed, CenterCal is able to move forward to get financing and looks forward to filling the project space with local businesses.
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REDONDO BEACH OKS CENTERCAL WATERFRONT LEASE — BUT CHALLENGES, ELECTION LOOM
February 1, 2017
After hours of debate and public comment, the Redondo Beach City Council approved The Waterfront lease agreement with CenterCal. The project must now be approved by the California Coastal Commission.
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CENTERCAL MOVES MODEL OF WATERFRONT PROJECT TO REDONDO BEACH
January 25, 2017
The 3D model of The Waterfront has permanently moved to its new home at 239 N. Harbor Drive in Redondo Beach. The model’s new location is located on the site of the future development project and is available for residents to explore at various times throughout the week.
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December 11, 2016
The Waterfront will restore Redondo Beach as the jewel of the South Bay by reconnecting the coastline, providing open access to Redondo’s natural beauty and creating public places that will reignite Redondo’s sense of community.
CenterCal to move 3-D waterfront model to Redondo Beach
December 4, 2016
After months of searching for the perfect location to bring the 16-by-7 foot 3D model of The Waterfront closer to the Redondo Beach community, CenterCal has signed a lease for a local venue on North Harbor Drive. The space is located at the heart of where CenterCal plans to develop The Waterfront, offering residents the opportunity “to look at the model and then look out the window and say this is where that building will be.” The display space is expected to be ready by the end of the month.
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Smaller Redondo Beach waterfront project would cost taxpayers $200 million, report says
November 30, 2016
Measure C will head to the ballot this March as a challenge to the current waterfront redevelopment project. Unlike The Waterfront, which will pay for $100 million in infrastructure costs, Measure C, if passed, will replace The Waterfront with a smaller project estimated to cost taxpayers over $200 million, including $25 million for a swimming pool to replace Seaside Lagoon and $10 million for a boat launch ramp.
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Redondo Beach City Council OKs Waterfront project, appeal denied
October 20, 2016
After an eight hour hearing, the Redondo Beach City Council upheld the Harbor Commission decision to approve The Waterfront. The approved motion included requests by the Council for the downsizing/removal of one of the project buildings, as well as weekly water testing for Seaside Lagoon in the first year. According to Public Development Director Aaron Jones, The Waterfront “will provide significant enhancements to public open space on the site, turning parking lots into promenades.”
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Redondo Beach denies activists’ challenge of CenterCal waterfront project
October 19, 2016
The Waterfront was passed in the early morning hours of the October 18th Redondo Beach City Council hearing. Following eight hours of testimony and presentations, public comment and councilmember deliberation, the City Council voted 3 - 1 to uphold the project’s approval by the Harbor Commission. The Coastal Commission is anticipated to review the project within the next few months.
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Redondo Beach Harbor Commission OKs Waterfront EIR
August 12, 2016
On Monday, August 8, The Redondo Beach Harbor Commission voted to approve the Final Environmental Impact Report and Conditional Use Permit for The Waterfront. Upon reviewing the 12,000 page Final Environmental Impact Report, asking exhaustive questions and listening to public comment, the majority of the Commissioners were pleased with the changes they made to the project and voted to move forward with revitalizing the waterfront.
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$300 million Redondo Beach waterfront project takes big step forward
August 9, 2016
The Waterfront is now one step closer towards revitalization after the Redondo Beach Harbor Commission voted to approve the proposed project on Monday, August 8. The vote followed seven and a half hours of detailed discussion among the Harbor Commissioners and extensive public input. The project’s next step will be to go before the California Coastal Commission, unless it is appealed to the Redondo Beach City Council.
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CenterCal unveils Waterfront Redondo Beach scale model
July 29, 2016
The awe-inspiring 16 foot by 7 foot scale model of The Waterfront was unveiled last week by CenterCal CEO Fred Bruning. According to Mayor Aspel, who had the opportunity to view the model, the impressive detail throughout the project cannot be truly understood until it is seen firsthand.
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Here’s a 3D look at CenterCal’s Redondo Beach waterfront overhaul
July 22, 2016
The long-awaited 3D model of The Waterfront is now complete and available for viewing at the CenterCal office in El Segundo. Standing at 1/16th of The Waterfront's actual size, the detail and precision of the model accurately and effectively allows the community to visualize the proposed project.
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Making waves: CenterCal’s latest vision for the Redondo Waterfront
June 20, 2016
After three years of planning, CenterCal has unveiled a new vision for The Waterfront, with more open space, improved view corridors and even greater local flair. CenterCal is still speaking with beloved local tenants such as Tony’s and Quality Seafood, and is excited to find a place for them at The Waterfront.
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CenterCal plans for changes to $300 million waterfront project
June 9, 2016
Due to strong community input and thoughtful recommendations from city staff, CenterCal has announced that they are updating The Waterfront to include the sportfishing pier and separate one of the parking structures to add a view corridor. CenterCal looks forward to incorporating these changes, noting that they could also aid other ventures in the project, like a potential water taxi service.
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California Beach City Enlists Private Partner to Rejuvenate Pier
January 12, 2016
The City of Redondo Beach has partnered with private partner CenterCal Properties on The Waterfront, a redevelopment project that will bring $250 million in investment to revitalize the waterfront and pier areas of Redondo Beach. CenterCal's redevelopment expertise and innovative project components will bring significant benefits to Redondo Beach's local business owners and the surrounding community.
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King Harbor ‘legacy’ tenants to be preserved in new waterfront development
October 7, 2015
One of CenterCal’s top priorities is ensuring Redondo’s beloved “legacy tenants” have homes at The Waterfront. These tenants, which include Tony’s, Quality Seafood, Naja’s and Captain Kidd’s, are very supportive of the project and excited to be part of this historic revisioning, which will generate $3 million in tax revenue annually and create 2500 new jobs.
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As EIR is finalized, CenterCal readies virtual tours to aid public comment in Redondo
September 3, 2015
CenterCal’s exciting and transformative pier revitalization project is soon to hit two major milestones, as the Draft Environmental Impact Report nears submission and virtual tours and informative videos will be ready to share with the public soon.
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Redondo Beach needs up to $108 million for waterfront infrastructure repairs
July 23, 2015
According to a study presented to the City Council, Redondo Beach could need more than $100 million to address its vast infrastructure problems at the waterfront. Without a third party investment from CenterCal, which is willing to invest millions in the waterfront, the burden will fall on the City to find the money quickly to restore the crumbling infrastructure.
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On the Boardwalk: In Revitalization Limbo, International Boardwalk Finds New Life
March 7, 2015
Redondo’s International Boardwalk is attracting young entrepreneurs hoping to establish their businesses in the area before the waterfront development project even breaks ground. Many see the period just before redevelopment as a unique time to meet demands that will continue to rise once the boardwalk is revitalized as a result of the waterfront development.
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Market study predicts glowing future for Redondo Beach waterfront redevelopment
February 25, 2015
According to a new study, the proposed Redondo Beach waterfront development would produce a significant boost to the local retail market in the harbor area, providing high rent commercial space and increased tourism.
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CenterCal project fills market deficit in Redondo Beach, study finds
February 25, 2015
A new study finds that the Redondo Beach waterfront development would successfully meet demands for a variety of market opportunities. Mayor Steve Aspel, a supporter of the project, was delighted to learn that the projected revenue figures of the latest study strengthen previous findings, which indicated that the proposed development would be an economic boon for the waterfront area.
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Tall Ships Arrive in Redondo Beach: Launching King Harbor Boating Foundation's STEM
February 12, 2015
CenterCal CEO Fred Bruning sees the waterfront revitalization project as a way to support community organizations and provide children of all ages with opportunities to learn about the ocean.
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Redondo Pursues Tourist Beach Head
September 8, 2014
The proposed Redondo Beach waterfront project has been thoughtfully developed in order to produce strong economic development while maintaining the natural beauty of the area.
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CenterCal announces new investment partner in Waterfront project
September 4, 2014
Westport Capital has announced it will be partnering with CenterCal, allowing The Waterfront to achieve its full potential by strengthening its financial backbone.
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Redondo Beach Waterfront Developer Fred Bruning Envisions Renaissance, Not ‘Mall By the Sea’
August 29, 2014
Redondo’s historic harbor area, which in recent years has waned in popularity, is long overdue for a transformation. CenterCal CEO Fred Bruning envisions the waterfront development project as a revitalization of a once-bustling economic hub.
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Waterfront Group Rallies Support
August 21, 2014
Supporters of the Redondo Beach waterfront development project are organizing, calling themselves the “Voices for Waterfront Vitality.” The group represents the majority of Redondo residents who are eager to see the progress that the waterfront revitalization project can bring to community.
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Commentary: Embrace Change, Revitalize RB Waterfront
August 15, 2014
Redondo Beach Pier business owner Michael Trutanich explains that the proposed waterfront project is an opportunity for much-need change,allowing local business and culture to thrive.
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On the Waterfront: Redondo Beach is on the Cusp of a Vast Redevelopment of its Waterfront. Is the Proposed Project a Long-Awaited Revitalization, or a Misplaced Mall?
June 29, 2014
Mayor Steve Aspel and CenterCal CEO Fred Bruning provide an overview of the proposed project, offer a history of Redondo’s pier and harbor area and what led to its decline and explain how the components of The Waterfront will economically revitalize the area and offer residents a fun, community-oriented place to congregate.
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Redondo Beach Hopes to Recapture Pier’s Glory Days
June 8, 2013
Rather than just remake the Redondo Beach waterfront district, CenterCal aims to revitalize the historic and unique jewel of the South Bay. CenterCal CEO and South Bay native Fred Bruning sees the waterfront development project as a way to restore the harbor area to its former glory.
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Plans for Redondo Beach Harbor Front to be Shared
February 21, 2013
Plans for the Redondo Beach waterfront revitalization project are the result of collaborative efforts by project planners and the general public. CenterCal CEO Fred Bruning has encouraged Redondo Beach residents to share their thoughts and ideas with his design team in order to develop a plan that will maximize the project’s benefits to the community.
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A Transformational Pier Development Project Begins in Redondo Beach
December 28, 2012
The Redondo Beach City Council recognized CenterCal’s unique retail and hotel experience and expertise when it unanimously awarded the firm the bid to redevelop the city’s waterfront district. The project will be developed in collaboration with local residents, allowing CenterCal to transform the waterfront district while staying true to its historic roots.
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The Waterfront Blog
City Council Approves The Waterfront Lease Agreement
February 16, 2017
On Tuesday, January 31, the Redondo Beach City Council gave final approval for The Waterfront when it voted to approve the lease agreement between the City and Redondo Beach Waterfront.
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City Council Approves The Waterfront
October 25, 2016
On Tuesday, October 18, the Redondo Beach City Council voted to deny an appeal and sustain the decision of the Redondo Beach Harbor Commission to certify the Final Environmental Impact Report and other approvals related to The Waterfront.
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Harbor Commission Approves The Waterfront
August 12, 2016
On Monday, August 8, the Redondo Beach Harbor Commission voted to certify the Final Environmental Impact Report (EIR) and approve The Waterfront.
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