09/03/20 – 42-Acre Remake To Add Restaurants and Shops
By Leslie Berkman, LA Waterfront News
The long-anticipated rebuilding and revitalization of the San Pedro waterfront into a major visitor center is planned to start in 2021 under a Project Labor Agreement with the LA/Orange Counties Building and Construction Trades Council.
The $150 million San Pedro Public Market will be a collaboration of the Ratkovich Company and Jerico Development and feature a wide variety of restaurants, shops and year-round activities on 42 waterfront acres. The first phase of the project is anticipated to open to the public in 2022.
Matt Construction, the general contractor, entered into the PLA with the Building Trades. "Our PLA ensures the project construction team will have access to the highly trained, highly skilled union workforce needed for us to build this world class destination," the developer and Matt Construction said in a joint statement.
