Last week I attended a meeting with the Women’s Council of Realtors who had CentralCal Properties speak about the Redondo Waterfront revitalization project. There has been a lot of buzz and a few concerns regarding construction, traffic, and specific changes to Redondo Beach as a whole. After attending this meeting and learning about what’s to come, I am extremely excited for all the future plans. CentralCal hopes to have all building plans and permits approved by 2017 and the completion of the project by 2019/2020.
Some things that we can anticipate to see include:
- Public gathering areas for art exhibitions, concerts and other community events
- Revitalized Seaside Lagoon opened to natural tidal flow
- Open park space for exercise and outdoor recreation
- Market Hall populated by local businesses
- Four-star boutique hotel
- Luxury cinema with full service restaurant
- Dining amid parks with harbor views
- Specialty retailers set along tree-lined streets
- New public boardwalk
- Enhanced access to the coastline for bikes and pedestrians
- Reinvigorated Redondo Beach Pier
Respect for the local environment has fundamentally guided the direction of The Waterfront project from the beginning stages of design. The Waterfront will be a project that pays homage to our awe-inspiring coastal environment with a design that prioritizes open space; promotes coastal access for pedestrians and public transportation users; and fits seamlessly within the context of its unique environmental surroundings.
Additional benefits include:
-Creation of approximately 2,500 jobs and subsequent additional employment positions through its indirect economic impact on surrounding local businesses.
-Sustainable economic growth for Redondo Beach is conservatively estimated at about $3.25 million per year revenue from property, sales and hotel taxes.
For more information and to sigh up to receive updates on the progress of the project visit: thewaterfrontredondo.com