Holly Neber Holly Neber

Long Beach is slowly but surely moving out of Los Angeles’ shadow. The ongoing renaissance may be overdue, but it is picking up steam. This year, 1,500 apartment units are scheduled for delivery in Downtown Long Beach along with 38,000 square feet of commercial space, and the construction pipeline is continuing to grow. The city is supporting the growth as well with infrastructure updates and renovation plans for government buildings. All in all, it means big changes for the market.

Long Beach, which has long been in the shadow of L.A., is experiencing a much-overdue renaissance,” Holly Neber, CEO of AEI Consultants, tells GlobeSt.com. “The Long Beach Aquarium is completing a $53 million expansion wing, and the City is finishing a new Civic Center that includes a new City Hall and Main Library in 2019. Additional proposed development in the downtown area reportedly includes approximately 1,100 residential units and more than 38,000 square feet of commercial space.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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