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221-Unit Apartment Project Planned for CityPlace

LOS ANGELES-The CityPlace site covers eight city blocks formerly occupied by the Long Beach Plaza, an enclosed mall opened in 1982 and closed in 1999. Developers Diversified Realty Corp. is the master developer.

By Peter Landau | Updated on March 13, 2002

LOS ANGELES-The local multi-family real estate company PCS Development Inc. is developing a 221-unit apartment project as part of Long Beach’s CityPlace, a mixed-use development covering eight city blocks in the Downtown area.

The apartment project, totaling approximately 200,000 sf, is comprised of five separate buildings constructed over ground floor retail space. The retail portion will be owned by Developers Diversified Realty Corp., the master developer of CityPlace.

The CityPlace Apartments project not only represents PCS Development’s entrance into the Long Beach market, but also its first involvement with a mixed-use project. Construction is scheduled to begin in June following the completion of the ground floor retail component.

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