TO:
Honorable Planning Commission Chair and Commissioners
THROUGH:
Masa Alkire, Community Development Director
FROM:
Adam Finestone, Planning Manager
Tari Kuvhenguhwa, Associate Planner
SUBJECT:Title
Project Pulse Study Session on the Redevelopment of City-Owned Properties Located at 400 Manhattan Beach Boulevard (Former U.S. Bank Building) and 1155 Morningside Drive (Parking Lot 3)
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RECOMMENDATION:
Staff recommends that the Planning Commission conduct a study session to discuss and provide input on potential redevelopment options that have been developed through the Project Pulse process for the City-owned properties located at 400 Manhattan Beach Boulevard (Former U.S. Bank Building) and 1155 Morningside Drive (Parking Lot 3).
BACKGROUND:
Parking Lot 3 (1155 Morningside Drive)
During a routine inspection of Parking Lot 3 in the summer of 2024, the Public Works department identified structural issues that resulted in the immediate closure of the top floor of the parking structure, and ultimately the entire structure. In November 2024, the Parking Lot 3 parking structure was demolished and an interim surface parking lot was subsequently constructed at the property at the direction of the City Council.
The City Council also directed staff to identify locations for new temporary parking spaces around downtown to further offset the loss of parking from the demolition of the structure. Those temporary off-site parking spaces were installed in November 2024 and the interim parking lot opened in June 2025. Currently, a total of 125 parking spaces have been established to partially offset the 145 spaces lost as a result of the demolition of Lot 3.
Economic Development Analysis
At its December 9, 2024, meeting, the City Council received a presentation from City staff regarding potential redevelopment options for Parking Lot 3. The potential redevelopment options presented at the meeting and det...
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