Quantcast

The Real Deal Los Angeles

Redondo Beach initiative could derail $300 million mixed-use project

CenterCal's plans call for 524,000K sf harbor village
March 13, 2017 11:15AM

Bill Brand

A plan to build a new $300 million mixed-use hub in Redondo Beach could be hindered by a hyperlocal ballot initiative that passed in last week’s elections, Curbed reported.

The passing of the initiative known as Measure C, which got 57 percent of the vote, was a big blow to CenterCal Properties, the developer behind a massive makeover of the Redondo Beach waterfront approved by the City Council last year. CenterCal’s plans call for a 524,000-square-foot “harbor village” with retail, office, a 700-seat movie theater, a hotel and new parking structures.

The measure would amend the zoning code to preserve two view corridors and prohibit new parking structures.

Although the measure specifically targets the public-private joint venture, its language doesn’t specify whether it will succeed in derailing the waterfront project. The California Coastal Commission may have to review the project, which could mean another public vote, according to the Daily Breeze.

CenterCal spent $525,000 trying to defeat the initiative. One of its most vocal proponents was City Council member and Mayor-elect Bill Brand, who defeated incumbent Mayor Steve Aspel in last week’s race. [Curbed] [DB]Cathaleen Chen