Ownership of a 125-acre land parcel formerly home to a U.S. naval complex will be formally transferred to the City of Long Beach.
The city has been leasing the land since the late 1990s, utilizing it as a Port of Long Beach container terminal, GlobeSt.com reported. The transfer was approved by the Maritime Administration and the California Environmental Protection Agency.
The old Navy complex at Pier T will be cleaned and will undergo soil investigations over the next several years before the ownership transfer is complete.
The transfer will not have much of an impact on operations at the terminal, Lee Peterson of the Port of Long Beach told GlobeSt.com, but he said it does “underscore the success of converting a shut-down Navy base into a thriving commercial operation.” [GlobeSt] — Cathaleen Chen