The massive retail complex that is now the Mosaic-or what used to be the oddly and outright un-Google-able name of The Streets and then what used to be City Place and then what used to be the Long Beach Plaza Mall—has had their latest project entitled.
Spanning three huge parcels on 5.49 acres of land along the west side of Long Beach Boulevard between 4th and 6th Streets, the developers—a partnership between firms Turnbridge Equities, Waterford Property Company, and Monument Square Investment Group—want to build 900 new residential units across three new buildings.
An aerial view of the current property state and what Mosaic is proposing. Courtesy of Turnbridge Equities/Waterford Property Company.
One eight-story building at the northwest corner of Long Beach Boulevard and 4th Street will be a mixed-use building while two other buildings between 5th and 6th Streets will also be eight stories but only one will be mixed use while the other is entirely residential.
Across the three buildings, they will include 102 studio units, 476 one- bedroom units, 313 two-bedroom units, and nine three-bedroom units; 54 of those units will be affordable units for federally-defined Very Low Income families, meaning a household of four that makes between 30% and 50% of the area’s given median income.
On that latter note, had Mosaic submitted this project for entitlement this year instead of last year, they would have had to create 99 affordable units per the city’s staggered Inclusionary Ordinance that was approved in July of 2020.
The junction where 5th Street and The Paseo meet in DTLB. Courtesy of Turnbridge Equities/Waterford Property Company.
Entitled at this month’s earlier planning commission meeting, the project will be a massive undertaking and very dissimilar to what The Streets had in mind when they unveiled plans in 2017 to revamp the former City Place.
They will completely demolish nearly 200,000 square feet of existing commercial space that spans the west side of Long Beach Boulevard, with the two mixed-use buildings bringing in some 38,405 square feet of updated ground retail. Additionally, a newly constructed, standalone retail pavilion at the intersection of 5th Street and The Paseo will provide an additional 2,405 square feet of retail space.
The junction where 4th Street meets The Promenade in DTLB. Courtesy of Turnbridge Equities/Waterford Property Company.
Contrary to most projects—especially projects this large—a huge turnout of support from local business owners has come around for the project, particularly due to the developers creating extensive community outreach.
Milana’s New York Pizzeria owner Adriel Fauci said the project is “exactly what Downtown Long Beach needs” while providing “much-needed enhancements and a revitalization of the commercial foot print” that The Streets/City Place failed to do.
Husam “Sam” Habibeh of Ammatolí said the project will offer “much-needed security measures for the safety of Downtown residents and visitors.”
Looking south on Long Beach Boulevard from 6th Street. Courtesy of Turnbridge Equities/Waterford Property Company.
Carole Sergy, founder of Beautify Pine, called the developers a “breath of fresh air,” noting the representatives from Mosaic have assisted her non-profit in helping the organization plant trees, identify solutions to beautifying Pine Avenue, and introduce potential new partners.
Austin Metoyer, CEO and President of the Downtown Long Beach Alliance, noted that the project will “create a new level of energy and activation on empty corridors.”
The project will have to garner capital support, including bringing in tenant support to existing commercial spaces, before formally breaking ground.