The redevelopment of the CityPlace mall in Long Beach can now move forward after the City Council voted unanimously late last month to reject an appeal of its approval of the mixed-use project.
The development partnership of Waterford Property, Turnbridge Equities and Monument Square Investment Group are aiming for a 2024 groundbreaking for the project, known as Mosaic, Urbanize Los Angeles reported.
Under the plan approved by the city, the redevelopment will demolish 200K SF of existing commercial space to make way for three eight-story apartment buildings encompassing 900 units, including 54 units that will be reserved for very-low-income tenants.
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