Trader Joe’s plans store at Marina del Rey Pier 44 project

The grocery chain plans to build a 13K sf store at the redevelopment site

Los Angeles /
Oct.October 16, 2018 09:00 AM
A rendering of a Trader Joe’s-like market at Pier 44 by GWP

Trader Joe’s plans to open an outpost at Marina del Rey’s Pier 44, confirming rumors that the grocery chain would be among the anchor companies at the redevelopment project.

Trader Joe’s wants to build a 13,360-square-foot store on Mindanao Way, part of the larger Pier 44 commercial and boating complex that Beverly Hills-based Golden West Properties is developing. The project spans about 10 acres that hug the marina and includes eight buildings totaling around 90,000 square feet.

Details about the store were provided in an application for a liquor license filed with the Los Angeles County Department of Regional Planning. The application notes that 18 percent of total shelf space would be dedicated to alcohol.

Reports of Trader Joe’s plans have circulated since 2015, but neither the company nor GWP have confirmed them. Marketing materials for Pier 44’s other commercial spaces from PAR Commercial Brokerage agent Greg Eckhardt have indicated a Trader Joe’s would rise there along with a West Marine boating retailer.

The Pier 44 project would connect those spaces — along with restaurant and other retail space — with a promenade along the marina basin. It would also include around 460 parking spaces and up to 370 boat slips.

Besides Pier 44’s redevelopment, the area is seeing investment. London & Regional Properties paid $127 million for the 238-room Hotel MdR a few blocks from the Pier 44 site. Developer Steaven Jones Development Company and Creative Office Properties are planning a mixed-use creative office, retail and residential development nearby on Glencoe Avenue.

Trader Joe’s was founded in Monrovia and has 11 locations around L.A. More than 60 percent of Downtown residents surveyed by the Downtown Business Improvement District in March said they wanted a Trader Joe’s market to be built there.


Related Articles

arrow_forward_ios
Mark Parrell; The Vantage Hollywood and Breakwater Apartments in Marina del Rey (Michigan Ross, Equity Residential, Getty)
LA tenants sue Equity Residential over background checks
LA tenants sue Equity Residential over background checks
Hackman Capital Partners' Michael Hackman and developer Rick Caruso with CBS Television City (Hackman Capital Partners, Getty Images, Google Maps)
Rick Caruso in spat over CBS Television City expansion
Rick Caruso in spat over CBS Television City expansion
Midwood CEO John Usdan  and a rendering of  Sportsmen’s Lodge hotel (Midwood, Kilograph)
Sportsmen’s Lodge Hotel redevelopment catches environmental endorsement
Sportsmen’s Lodge Hotel redevelopment catches environmental endorsement
Duke Realty's James Connor (Duke Realty, Getty, Google Maps)
Duke Realty shells out nearly $100M for empty land in the Inland Empire
Duke Realty shells out nearly $100M for empty land in the Inland Empire
Cottonwood’s Mark Green and Silver Creek's Franck Ruimy with 8850 Sunset Blvd (8850 Sunset Blvd , LinkedIn, Stan Hope Capitol, Getty)
Reimagined Viper Room’s developer scores $60M loan
Reimagined Viper Room’s developer scores $60M loan
Lithia Motors' Mark DeBoer and rendering of new Porsche dealership (City of Los Angeles, Getty, LinikedIn)
Going up: Lithia Motors plans five-story Porsche dealership near DTLA
Going up: Lithia Motors plans five-story Porsche dealership near DTLA
Rendering of 1111 Sunset Blvd and Palisades Capital Partners' Brian Falls (1111 Sunset Blvd, LinkedIn, Getty)
Newly approved Sunset Boulevard megaproject up for sale
Newly approved Sunset Boulevard megaproject up for sale
Dae Yong Lee and a rendering of the new apartment complex in Westlake (LA City Planning, Illustration by Priyanka Modi for The Real Deal with Getty)
Development firm linked to bribery convict plans Westlake apartment project
Development firm linked to bribery convict plans Westlake apartment project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...