Dream Projects Move Forward in Long Beach Plan
Long Beach advances shoreline and city upgrades financed largely by tideland oil money. Projects include Pacific Terrace Shoreline Drive links to the Queen Mary berthing area and a $15 million bridge to Pier 1. Queen Mary berthing area costs about $5.6 million. The city expands El Dorado Park and Drake Park while rezoning the Central Area and creating a rent-subsidy housing authority. A new City Hall and Main Library costing about $14 million are planned with joint financing from Los Angeles County and the Civic Center Authority. The Queen Mary conversion to hotel conference museum is the centerpiece, with bids for the main contract and a $10 million refurbishment.
MENTIONED IN THIS ARTICLE
Edwin W. Wade
Tideland
Long Beach
Drake Park
West Long Beach
el Dorado Park
San Gabriel River
Bixby
Rancho Los Alamitos
Central
California Avenue
Pacific Electric
Temple Avenue
Anaheim and
11Th Streets
Citizens Advisory Committee For Community Improvement
Housing Authority
Tidel
Ocean Boulevard
Cedar and
Chestnut Avenues
Los Angeles County
City of
Diners Club
Pier E
Pier J
Pacific Terrace Center
Real Estate Future Bright Says Apartment Leader
J Specht president of the Apartment House Association in Long Beach forecasts the vacancy factor at 2 to 214 percent based on current factors. He expects apartment building to be limited to 500000 to 1 million dollar class projects as money remains tight, with easier funding for larger complexes. Specht offers a warning about market conditions.
MENTIONED IN THIS ARTICLE
Hard J. Specht
Apartment House Association
Long Beach
Specht
Expansion of Airport Is Studied
The Civil Aeronautics Board awards Long Beach airport authority for Transpacific routes with Northwest Orient and TWA choosing Long Beach or Ontario for new services. Continental will fly Hawaii to Austral ia and others. Western Air Lines expands schedules to meet competition. Regional carriers grow as Cal State Airlines Trans Cal Airlines Catalina Aero Commuter merge to link multiple counties. Real estate outlook for Rancho Los Cerritos area and Orange County housing shows strong growth in 1969 with high demand and low vacancy.
MENTIONED IN THIS ARTICLE
Cision
Long Beach
Continental
Northwest Orient
Trans World Airlines
Civil Aeronautics Board
Transpacific
Northwest
TWA
Ontario
Los Angeles
Hawaii
Samoa
Fiji
New Zealand
Australia
Tokyo
Alaska
Korea
Okinawa
Taiwan
Hong Kong
Phillipines
California
Guam
Bangkok
Western Air Lines
Western
San Francisco Bay Area
Oakland
Cal State Airlines
Las Vegas
Trans Cal Airlines
Visalia
Delano
Portersville
van Nuys
Palm Springs
Catalina Air Lines
Aero Commuter
Orange
San Bernardino
Ventura
Orange County
Economic Research Bureau of Advance Mortgage Corporation
Tustin
Advance
Threat of Walkout Hits 1968 Steel Output Forecast
The threat of a labor strike and imports lowered 1968 steel outlook from 130 million tons to 126 million, equaling 1967 and well below 1966’s 134.1 million. After a July United Steelworkers settlement, orders plunged as customers rationed inventories, with September shipments at six year lows. Recovery began in November and forecasters anticipate a robust first quarter in 1969.
MENTIONED IN THIS ARTICLE
United Steelworkers
Also Mentioned on This Page
City Hall
Navy Landing
West Beach Project
Boise Cascade
Tidelands
Pacific Terrace
Magnolia Avenue
Alamitos Avenue
Pier 1
Queen Mary
Tideland Oil
Gerald Desmond
Terminal Island
U.S. Naval Base
19Th Street
Martin Luther King Jr
Rancho Los Cerritos
Board of
Realtors
Bellflower District
Newton E. Minks
Minks
Artesia
Artesia, Cerritos and
Bellflower
Chamber of Commerce
Nguyen Ngoc Loan
Eddie Adams
Pittsburgh
First California Company
Pine Avenue
John P. Colburn
U.S. Steel
U. S. Steel
Ugs
United States
Stee
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