This mixed-use complex will be developed using the current shopping center and the massive parking lots surrounding it!
Did you hear about the redevelopment plans that were approved last January for the South Bay Galleria? That’s right, the Redondo Beach City Council voted unanimously to approve Australia investment company, QIC’s plans to upgrade the South Bay Galleria.
The original, enclosed shopping mall was built by Forest City in 1985. When QIC purchased the property in 2017, the plans included building commercial property on what was currently the parking lot. The entire acreage of the South Bay Galleria comes in at 30-acres and sits on the southwest corner of Artesia and Hawthorne Boulevards. QIC has big plans for the remodeling of the current property that include a 150-room hotel, 300 apartments (including up to 30 affordable units), and an additional 217,000 square feet of retail space.
The original mall that was built in 1985 offers nearly 1 million square feet of rentable space and will now be retained and remodeled.
NEW PROPERTY PLANS
With over 4,000 vehicle stalls already located next to the Galleria, the plans include adding an additional 1,621 parking spaces to help serve the commercial space, hotel, and new apartments. The new mall was designed by Gensler, a world-renowned architecture and design firm. The new designs offer a refreshing six acres of landscaped outdoor space that will expand onto a grand staircase which will bring you to the entrance of the mall. Surrounding the boundary of the property, standalone buildings will be built with the proposed hotel rising along Artesia and the two apartment buildings along Hawthorne.
An environmental study conducted in advance of the City Council vote estimated that QIC would break ground on the project in 2020 and complete construction in 2023. (Urbanize LA)
The development site sits in line with the South Bay Green Line extension, which is only one of 28 of the transportation projects Metro is aiming to complete before the 2028 summer Olympics.