Politics & Government
Redondo Beach OKs Lease with CenterCal for Waterfront Redevelopment
The deal, however, is not done. There are still a few more hurdles to overcome before the lease can be signed.
REDONDO BEACH, CA -- Redondo Beach City Council on Wednesday narrowly approved a 99-year lease with CenterCal for the ambitious makeover of the waterfront, but there are still hurdles to overcome, according to the Daily Breeze.
After a contentious six-hour debate and public comment, the City Council voted 3-2 to approve the terms of the lease, the Daily Breeze reported.
The planned makeover includes a proposal, which was approved by the city last year, to bulldoze much of the existing development for a "harbor village," according to the Daily Breeze. The "village" will include retail shops, restaurant, a hotel and dine-in movie theater.
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The lease is not yet final. CenterCal will still have to go through another round of financial vetting as well a few other hurdles before the lease can be signed, according to the Daily Breeze.
For more on this story, visit the Daily Breeze.
Find out what's happening in Redondo Beachfor free with the latest updates from Patch.
-- Photo courtesy of CenterCal
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