by cgilles | Jul 29, 2013 | a-South Bay, Blog, Palos Verdes Estates, Torrance
June new home sales soared across the nation to it’s highest levels in 5 years according to the U.S. Commerce Department. Sales across the country rose almost 8.5% over Mays sales. Overall sales have risen 38% in the last 12 months making the biggest annual gain since January 1992.
Housing sales have been instrumental in the nations economic growth and overall health. While new-home sales make up only a small portion of the market, each home built creates an average of three new jobs and spurs more spending at furniture stores, moving companies, home improvement stores, hardware and of course, helps keep the real estate business successful. To these companies you have to add escrow, title companies, appraisal companies, mortgage finance companies, landscapers and architect companies, and all the construction trade companies involved.
by cgilles | Jul 24, 2013 | Blog, Real Estate, Redondo Beach
The Redondo Beach City Council will review the final design for the waterfront revitalization project proposed by CenterCal, the city’s selected developer on July 30th. The revitalization project will cost somewhere between $200M and $300M utilizing both private and public investments. The council will hear public testimony about the project, which calls for a seaside hotel, new restaurants, an opening up of the Seaside Lagoon to the ocean, a bridge over the harbor, a marketplace, open space and public art. The Council meeting is scheduled to begin at 6PM.
by cgilles | Jul 24, 2013 | a-South Bay, Blog, Torrance
The New Centennial Plaza in Old Torrance is Already Showing Age
Now this is a real shame. The Torrance Centennial Plaza which was intended as the city’s most enduring legacy of its milestone 2012 celebration is already showing wear and tear after just 10 months. This is a $180,000 El Prado Park centerpiece that includes a time capsule set for opening 99 years from now.
This cost was offset by the sale of hundreds of $150 bricks etched with personalized messages. But the lettering on some is already partly obscured, and the sand separating bricks is fast eroding along with birds are leaving their own unsightly legacy behind on the plaza.
Obviously the minimum maintenance on the Plaza (which is a two man crew mowing the grass) is not enough. To me it just another example of how our standards are slipping. Wouldn’t the men mowing the lawn notice how the plaza is quickly deteriorating and report it? No they just mow and close their eyes to everything else with no apparent caring or pride in our city. Anyway because it has been neglected it will now cost more money to repair.
by cgilles | Jun 27, 2013 | Blog, Manhattan Beach
Manhattan Beach’s City Manager Dave Carmany seemed pleased when he made the comment, “I think this is a case of the city wanting to do the right thing.” Right thing about what? Well it seems that Manhattan Beach took the unusual step this week of inviting property owners to seek reimbursement for four years’ worth of street-sweeping fees because of concerns that the fee might be illegal.
So how does a Manhattan Beach homeowner get their reimbursement? By filling out reimbursement claim forms, available at http://bit.ly/18gxct3 or by calling 310-802-5000, Ext. 5570. Eventually this will cost Manhattan Beach, an estimated $1.5 million if all residents and commercial customers seek reimbursement or perhaps the better word is refund.
by cgilles | Jun 23, 2013 | a-South Bay, Blog
So what does one do on Beautiful summer Saturday. Some go to the beach, some to the mall others unfortunately do house work and shopping but yesterday thousands of people congregated in an air- conditioned building to marvel at the key piece of the most expansive public works project in the history of Los Angeles.
Yes it was the new 1.9 billion facility Tom Bradley International Terminal at Los Angeles International Airport. The project is not completed yet, in fact it will not be until August or September. This did not matter to the thousands that took a sneak peek at the terminal. Not only locals view the facilities, but many came from afar just for curiosity sake.
by cgilles | Jun 10, 2013 | Blog, Torrance
Here are three new reasons why
The city of Torrance is such a wonderful
city to raise a family.
West High School, and both Casimer and Richardson Middle Schools have earned the valued designation, California Distinguished School. Eligibility is very strict. The school must not only be high performing, but they must be meeting the needs of the individual student. These schools along with many other wonderful school in our city have met this tough criteria.
Richardson Middle school