Wilmington – City of Los Angeles officials June 15, announced a land exchange transaction between the Port of Los Angeles and the Los Angeles Department of Water and Power (LADWP) that will enable the port to proceed with development of the Avalon Promenade and Gateway, a key component of its Wilmington Waterfront Development Program. The land exchange will also provide LADWP with land required to move forward with the redevelopment of its Harbor Generation Station in Wilmington.
For more than a decade, the port and LADWP have worked on a way to connect Avalon Boulevard to the Wilmington Waterfront through land controlled by LADWP, a four-acre parcel that currently houses a 500,000 barrel petroleum storage tank and other buildings. The land swap now gives the port control of the parcel at Avalon Boulevard and Harry Bridges Boulevard, allowing the port to move ahead with the next phase of Wilmington Waterfront development—the Avalon Promenade and Gateway. Demolition and clearing of the former LADWP parcel started June 15, with construction of the Avalon Promenade and Gateway slated to start this fall.
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