Developers The Ratkovich Company and Jerico Development have announced seven new tenants at the $150-million West Harbor complex in San Pedro.
The new leases, which account for 65,000 square feet of indoor space and 32,000 square feet of outdoor patio and deck space, bring the as-yet unbuilt development to more than 65 percent leased. The latest round of tenants, secured with the help of brokerage firm Retail Insite, include new locations for San Diego-based Mike Hess Brewing, art gallery-restaurant combo Hopscotch, local chain Poppy + Rose, the Sugar Factory brasserie, Jay Bird's Chicken, and an unspecified Mexican cantina concept. However, the highlight of the new signings is Yamashiro, the Japanese-fusion restaurant which has long been nestled in century-old building in the Hollywood Hills. The West Harbor location will be the restaurant's first expansion.
“The caliber of food, beverage, and entertainment brands that have signed on to West Harbor—several for their first-ever satellite or first locations in Los Angeles—affirms what an unprecedented, world-class waterfront destination this will be,” says Ratkovich Company chairman Wayne Ratkovich. “West Harbor will be a signature development for the region, and these leases announced today show the quality of offerings that will draw people to the LA Waterfront. We anticipate the remaining space to be signed up by year-end.”
In addition to restaurant space, Nederlander Concerts has also been tapped to run a 6,200-seat amphitheatre on the property, while Harbor Breeze Cruises will run harbor cruises and water taxis.
The West Harbor development, which will rise on the site of the kitschy Ports O' Call Village, is entitled for the construction of up to 335,000 square feet of development across a roughly 42-acre site. Ratkovich and Jerico control the property through a 66-year ground lease with the Port of Los Angeles.
The project has gone through multiple rebrandings and redesigns since first announced in 2016. The current plan for the site comes from an architectural team that includes Studio One Eleven, Rapt Studio, and James Corner Field Operations.
Likewise, the anticipated start date has also been pushed back multiple times. Work is now expected to begin in 2022, with the first openings on the property scheduled for 2023.
The West Harbor also dovetails with public infrastructure projects undertaken by the Port of Los Angeles broke, including the $33-million San Pedro town square project, which will connect the West Harbor to other sites along the waterfront via a 30-foot-wide pedestrian promenade.
- West Harbor (Urbanize LA)