News

GROUNDBREAKING CEREMONY SET FOR SHORELINE GATEWAY, MIXED-USE LUXURY APARTMENT TOWER IN DOWNTOWN LONG BEACH

Located at Ocean Blvd. and Alamitos Ave., “Shoreline Gateway” marks Phase 2 of one of the largest developments in Downtown Long Beach. At over 400 feet and 35-stories, upon completion Shoreline Gateway will be one of the tallest buildings in Long Beach.

(LONG BEACH, Calif.)–Co-developers Ledcor Properties Inc. and Anderson Pacific LLC, and with their partners Qualico and Lantower Residential, are pleased to announce the groundbreaking for Shoreline Gateway, a 35-story, mixed-use luxury apartment complex in Downtown Long Beach. Shoreline Gateway is the companion building to “The Current” –– the iconic 17-story, mixed-use, 223-unit luxury apartment tower on Ocean Blvd. in Downtown Long Beach. Shoreline Gateway is scheduled for completion in Q4 2021.

Elected leaders including Long Beach Mayor Robert Garcia and Councilmember Jeannine Pearce will be in attendance at the Groundbreaking Ceremony on Oct. 4, 2018 at 1PM.

“This tower will be the tallest building in Long Beach and will add an icon to our skyline,” says Mayor Robert Garcia. “We’ve been waiting for this project and excited that it will bring over 300 new homes to Long Beach.”

“I welcome the Shoreline Gateway mixed use development project into Council District 2,” says Councilmember Jeannine Pearce. “This project is a beaming testament to the progress of our downtown development plan. The new housing opportunities and the new businesses along with a booming 10,000-square-foot plaza for our larger community will continue to reinvigorate Long Beach as a gem beach city while further advancing our beautiful city skyline.”

The highly-anticipated project will feature 315 ultra-luxury residential apartment homes, along with approximately 6,460 square feet of commercial space, five levels of subterranean parking, myriad amenities and community living spaces. Residents will enjoy a soaring community room on the 34th floor offering sweeping 180-degree panoramic views of the Pacific Ocean, the Downtown Long Beach skyline and Orange County. One level up, the 35th floor is home to a shimmering rooftop pool, spa and dining and entertainment deck. Additional entertainment space is found on the third floor, which features a dining and fire pit lounge overlooking the ocean, along with a large fitness center, pet spa and creativity studio. Shoreline Gateway will be connected to its sister property, “The Current”, via a 10,000-square-foot shared plaza activated with premium retail, resident amenities and world-class art by Jud Fine and Barbara McCarren, which reflects the city’s character. The tower will include a mix of studio, one-and-two-bedroom apartments ranging from 580 square feet to 2,480 square feet in size and two-story penthouses on levels 34 and 35.

“Since 2004, Anderson Pacific, LLC proposed a vision for this site which was enthusiastically shared by the community and the City of Long Beach. Overcoming the numerous challenges resulted in the construction of The Current beginning in 2014,” explains Jim Anderson, chief executive officer for Anderson Pacific, LLC. “At long last, we are beginning the truly iconic tower that has been envisioned all these years, that will become a bona fide gateway into Downtown Long Beach from the east, as well as a wonderful anchor to the East Village Arts District and surrounding community. We greatly appreciate the members of the community, the City, and our partners who have worked with us all these years to make this vision a reality.”

“The Current was a great success for us and the community, and we expect Shoreline Gateway to honor and greatly enhance that experience,” says Patrick Patterson, COO of Ledcor Properties, Inc.. “Once Shoreline Gateway is built it will complete the urban campus that was envisioned by planners and senior City officials more than a decade ago. It is gratifying to be here for the beginning of the end of that long process, to bring the vision into reality.”

The design team consists of Studioneleven (Design Architect), Carrier Johnson + Culture (Architect of Record), RELM (Landscape Architect), Englekirk (Structural Engineer), and C&V Consulting (Civil). Build Group is the General Contractor.

“There are many exciting developments underway in Downtown Long Beach and we see Shoreline Gateway as one of the city’s most significant,” says Rick Castillo, Principal, Carrier Johnson + Culture. “With the building reaching a height of nearly 400 feet, the implementation of iconic massing and building forms, the design contributes in a significant way to defining the skyline of the city. Shoreline Gateway addresses many of the qualities that are shaping Long Beach’s urban design goals by incorporating public plaza spaces, integration of mixed-use and resident open spaces near the street level. We are proud to be a part of the Shoreline Gateway team with Ledcor and Anderson Pacific and we look forward to contributing an amazing project that provides an exceptional living environment and enhances Long Beach as one of Southern California’s most vibrant communities.”

Shoreline Gateway is the first LEED-ND (Neighborhood Development) Gold project in the City of Long Beach, with its companion ower, The Current, which was the first LEED-NC (New Construction) Silver residential tower in Long Beach, built in 2016.

The Shoreline Gateway campus started in 2004 with a strong vision that the project would be a catalyst for the area––a walkable, iconic gateway to Downtown, with green and unique spaces, sensitive to the waterfront and environment. Over a decade in the making, The Current celebrated its grand opening in 2016, marking the first ground-up high-rise to be built in Long Beach since the Great Recession, and the first apartment tower to be developed in Long Beach since 1966. Today, as Downtown Long Beach continues its stunning renaissance, Shoreline Gateway is expected to be a major component in the city’s evolution and success.


About Anderson Pacific, LLC

Anderson Pacific, LLC (APL) is a California-based development company specializing in sustainable community plans and mixed-use, infill, transit-oriented projects closely following principles intended to create livable and walkable communities. Over the last three decades, the principals of APL have owned, developed, or managed some of the nation’s most prominent projects, including: Library Square in downtown Los Angeles; Playa Vista in West Los Angeles; Potomac Yard in Alexandria, VA; Solana in Dallas, Texas; and Amerige Heights in Fullerton, Calif. The firm currently manages projects in development throughout California in key downtown areas.
www.andersonpacificllc.com


About Ledcor Properties Inc.

Ledcor Properties Inc. (LP) is an independent subsidiary of the Ledcor Group of Companies. LP has been involved in the acquisition, development and operation of new and existing properties since 1996. Through select joint ventures and independently, the company owns, operates, developed and sold a diverse portfolio of properties with an enterprise value exceeding $4 billion. The portfolio spans a variety of real estate sectors including office buildings, retail centers, institutional facilities, industrial buildings, multi-family residential complexes and high-rise towers, resort properties and agricultural lands. LP continues to seek opportunities to expand its Canadian and US business through strong relationships.
www.ledcor.com


About Qualico Developments Inc.

Qualico was founded more than 60 years ago by David and Katherine Friesen, who began by building seven houses in Winnipeg’s River Heights neighborhood in 1950. Today Qualico is one of the largest fully integrated, privately owned real estate companies in Western Canada, with offices in Winnipeg, Regina, Saskatoon, Calgary, Edmonton, Vancouver, and Austin, Texas. The company’s activities span the entire real estate spectrum, including single-family and multi-family home building, residential land acquisition and development, commercial and industrial development, property management, and building supply and manufacturing.
www.qualico.com


About Lantower Residential

Lantower Residential is a vertically integrated real estate company and subsidiary of H&R REIT specializing in the acquisition, ownership, and asset management of multifamily communities in the U.S. We aim to create real value for our shareholders through a disciplined acquisition and management strategy by seeking financially sound multifamily investments in growth markets. We focus on those submarkets where we have vast institutional knowledge and apply our proven knowledge to the acquisition, financing, renovation, management, and positioning of each deal. Lantower Residential currently owns and asset manages properties in core U.S. markets characterized by high-growth and economic strength. With an emphasis on Southern markets such as Dallas, Houston, Austin, and Orlando, we continue to see favorable acquisition opportunities in other markets. Since its recent inception in 2014, Lantower Residential has acquired 13 properties totaling 4,577 units in 7 major markets across Texas, Florida and North Carolina.
www.lantowerresidential.com


CONTACT:

Megan MacEachern
Shiny Object Co.
323-646-0877
megan@shinyobjectco.com

Kyrian Corona
Shiny Object Co.
818-642-5895
pr@shinyobjectco.com