TO:
Honorable Mayor and Members of the City Council
THROUGH:
Talyn Mirzakhanian, City Manager
FROM:
Ryan Heise, Acting Community Development Director
Nhung Huynh, Senior Management Analyst
SUBJECT:Title
Consideration of Redevelopment Options for Parking Lot 3 (Acting Community Development Director Heise).
(Estimated Time: 1 Hr.)
DISCUSS AND PROVIDE DIRECTION
Body
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RECOMMENDATION:
Staff recommends that the City Council consider options for the redevelopment of Parking Lot 3 and provide direction to staff.
FISCAL IMPLICATIONS:
Fiscal implications are discussed within the attached report. At this time, funding sources have not been identified for each option. Staff will return with potential funding sources based on City Council direction.
BACKGROUND:
The Lot 3 parking structure is a City-owned facility at the southwest corner of Morningside Drive and 12th Street in Downtown Manhattan Beach. The three-story structure was constructed in 1971, contains 145 parking spaces critical to visitors and businesses in the Downtown area, and predates modern planning and building codes, which include crucial seismic safety measures.
Prior to February 2024, the Public Works Department's Work Plan included an item focused on obtaining a feasibility study for the reconstruction of Lot 3. At the February 13, 2024, City Council Work Plan meeting, the City Council identified Parking Lot 3 as a priority project and directed staff to evaluate a variety of redevelopment options for the property, including but not limited to development of commercial buildings on the site (i.e. a hotel) and consideration of parking elsewhere in downtown. At that point, the Lot 3 work plan item evolved into an economic development study and was transitioned to the Community Development Department.
In July 2024, City staff elected to close the structure indefinitely, following a series of onsite inspections and structural assessments ind...
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