The veil lifts at 200 Ocean adaptive reuse project in Downtown Long Beach

The transformation of a 1960s office building in Downtown Long Beach into housing is back in swing under new ownership.

In early 2020, property management and development firm Greystar shelled out just over $19 million to purchase the nine-story building at 200 W. Long Beach Boulevard, which Anaheim-based Milan Capital Management was midway through converting into 98 apartments.

The Studio One Eleven-designed adaptive reuse project is revamping the exterior and lobby of the of the mid-century building, while also adding amenities such as a pool deck, a courtyard, a fitness center, and a clubroom.

The completed project will include a mix of studio, one-, two-, and three-bedroom floor plans ranging from 662 to 2,222 square feet in size, according to a promotional website.

The apartments are scheduled to open for residents in February 2022.

The site sits in a busy section of Downtown Long Beach, across the street from the recently-finished Oceanaire apartments and the revamped Long Beach Civic Center.

The 200 Ocean building also sits two blocks west of the historic Breakers Hotel, a 1920s landmark which is in the midst of a conversion back to a hotel by local developer Pacific6.

• Adaptive Reuse Project Makes Progress in Downtown Long Beach (Urbanize LA)