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Stay in the loop with the Long Beach Business Journal in your inbox. Delivered Monday, Wednesday, Friday, and whenever important business news breaks.
Port of Los Angeles Executive Director Gene Seroka said he expects a tentative labor agreement for port workers “soon,” which will bring at least some of the lost market share back to West Coast ports.
The city’s phase-out plans could be complicated by Senate Bill 1137, which voters are slated to weigh next year. The law would prohibit new well operations within 3,200 of sensitive areas likes homes, schools and parks.
While Long Beach Airport has recovered its passenger volume, air travel nationwide continues to trail behind pre-pandemic levels.
Rocket Lab, another Long Beach-based satellite launch provider, won its bid to take over Virgin Orbit’s 140,000-square-foot headquarters and manufacturing facility in Douglas Park.
Long Beach is beginning the process of updating its land use plans for Downtown and the nearby shoreline area, a swath of land known as “PD-6,” where the city says it hopes to increase housing production and create an attractive destination for tourists.
The city wants to get rid of some parking requirements for commercial properties that are older than 10 years old.
The new permanent parklets are costlier, more tightly regulated, open to appeals from local neighborhood groups—and they’re all required to be available for public use.
In Los Angeles County, the private education and health services and leisure and hospitality sectors led in job gains.
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