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San Pedro Public Market The $100 million project will transform the 30-acre site into the San Pedro Public Market.

LOS ANGELES—The Ratkovich Co. and Jerico Development have announced plans to revitalize Ports O’ Call Village in San Pedro. The $100 million project will transform the downtrodden area into a retail and dining destination for the community, known as the San Pedro Market.

“Our intent is to create a development right along the waterfront that will be unique to San Pedro. It will be on the waterfront in one of the few areas where Los Angeles reaches the waterfront, and it will be a public market in which the best and most creative and entrepreneurial merchants will provide food and products,” Wayne Ratkovich, CEO of the Ratkovich Co., tells GlobeSt.com. “It will be an opportunity to create a marketplace along the waterfront that will not only serve the community but will also be an economic lift the San Pedro community. I think we have the chance to do exactly that.”

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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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