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The Log • April 8 - 21, 2016 • 15


Southern California's Newest Marina N


Marina Amenities Parcel 53 in Marina del Rey, located near these slips, could be redeveloped to allow for bigger boats.


Lease option for Marina del Rey waterside parcel extended


Parcel 53 could be redevel- oped to include larger haul out facility and newly renovated slips.


By Parimal M. Rohit


LOS ANGELES — A renovated boat- yard and fully redeveloped slips and end-ties at a Marina del Rey parcel could still be in the works after the Los Angeles County Board of Supervisors approved a lease amendment option on March 15 to allow for upgrades to 101 slips and other recreational boat- ing infrastructure. Harbor Real Estate Limited


Partnership will be allowed to main- tain its lease with the county through February 2061; the original lease was set to expire in February 2022. In exchange for the lease extension


Harbor Real Estate LP will be required to pay a $100,000 option fee and invest $7.5 million or more into landside and waterside improvements at Parcel 53, which is located at 13555 Fiji Way in Marina del Rey. “The proposed extension of the cur-


rent lease would ensure the continued availability of a boat repair operation in Marina del Rey and allow for a rede- velopment and renovation of the par- cel that would result in an enhanced level of visitor-serving facilities, including a larger, more modern haul out facility,” Department of Beaches and Harbors Director Greg Jones told supervisors in a letter. Ceasing to operate a boatyard on


this parcel before this lease expires would constitute a default, according to Jones.


Landside and waterside improve-


ments must begin within a prescribed timeline, Jones added. Harbor Real Estate LP must start landside improve- ments, for example, within 12 months of when the lease extension was approved; waterside improvements must begin within the first 18 months of the approved lease extension. All work must be completed within


three years, though Harbor Real Estate LP could spend up to $100,000 for as many as four six-month extensions. Waterside improvements include: the demolition and replacement of existing dock structures to result in 101 newly renovated slips; upgrades of two restroom buildings with laundry, pri- vate lockers and showers; and, adding a 75- to 100-ton Travelift. A new public promenade along Fiji


Way, upgraded landscaping, new fenc- ing, upgraded parking areas and addi- tional signage would be among the landside improvements. Showrooms, offices, a boat repair


venue, 103 slips and five end-ties (excluding work docks) currently occu- py 4.23 acres of land and 2.98 acres of water at Parcel 53, which is just south of Basin H and Burton W. Chace Park. The Small Craft Harbor


Commission unanimously supported the lease extension, construction time- line and financial commitments at its Jan. 23 meeting. Los Angeles County originally


entered into a lease agreement with Playa Del Rey Marine Supply Co. to operate Parcel 53 in 1962. The original lease stipulated Parcel 53 was to be used exclusively for boat repair and as a small craft anchorage. Sportfishing, charter boat activities,


residential uses, live bait sales and fuel sales were prohibited under the origi- nal lease.


• SLIPS from 28' to 130' • 375 Dry Storage Spaces to 45’ • Dry Storage w/ Crane Launching • New Restrooms w/Showers


• Ice Machines & Laundry • Pumpout – Public & In-Slip • Ample FREE Parking • On-site Security • Doubletree Hotel Across Channel • Free Wi-fi


Shortest Run to Catalina


Office open 7 days


Marina: (310) 514-4985 cabrillowa@aol.com


• Dry Storage (310)521-0200 cabrillodb@aol.com


www.westrec.com/marina/cabrillo-way-marina 2293 Miner St., San Pedro, CA 90731


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Parimal M. Rohit photo


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