Saturday, April 19, 2008

Plans Developing for High-rise Condos

A developer is circulating a proposal for a high-rise residential and commercial building in downtown San Pedro.

The concept is a 23-story condominium and retail complex at 5th Street and Harbor Boulevard, where the Grinder restaurant is now located.

A tall, thin structure, the development would include 158 residential units and 3,000-5,000 square feet of ground-floor retail.

The development company, Galaxy Commercial, is the same one that’s currently constructing the Vue, just northeast of the new project.

Temporarily dubbed “G8,” the new project is the brainchild of developer Raffi Cohen.

This month, Cohen and his staff have made presentations to the Central San Pedro Neighborhood Council and the Pacific Corridor Community Advisory Committee.

The project is in the early conceptual and design stages and no timeline for construction has been announced.

The Central council’s planning committee will hear a presentation on G8 at its meeting Wednesday, April 23 at 6:30 p.m. at the Croatian Cultural Center, 510 W 7th St. The meeting is open to the public and community members are encouraged to attend.

For more information about the project, the public may contact Butterfield Communications at (310) 732-1112.

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