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| Holly Neber |
Long Beach, CA (May 14, 2019) – Pacific6, a development firm based in Long Beach, California, is transforming The Breakers, a 100-year-old landmark hotel in the heart of Downtown Long Beach and the city’s oldest building, into an independent boutique hotel featuring best-in-class amenities, entertainment, and dining, according to Holly Neber, CEO at AEI Consultants.
“The work our firm has performed on The Breakers—including environmental assessments, property condition assessments, and other reports—allows Pacific6 to move forward with an extraordinary project,” says Neber.
“The renovation of this historic property will restore it to its former purpose and glory while providing hundreds of jobs for local residents and a gateway for visitors to experience the city of Long Beach and witness its ongoing renaissance.
"Redeveloping these buildings goes a long way toward the revitalization of all of Downtown Long Beach.”
AEI Consultants completed comprehensive assessments on behalf of Pacific6 to help guide the redevelopment of The Breakers Hotel. Pacific6 recently acquired planning commission approval to begin construction and the project is scheduled for completion in early 2021.
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| The Breakers, a 100-year-old landmark hotel in the heart of Downtown Long Beach and the city’s oldest building, is being revitalized into an independent boutique hotel at 210 East Ocean Boulevard
AEI, a leading commercial real estate assessment and consulting firm, is assisting Pacific6 in its redevelopment efforts.
AEI also completed assessments necessary for pre-purchase planning approvals for Pacific6 on Ocean Center, a project adjacent to The Breakers, for the historic conversion of an old office building into an apartment community.
“AEI was able to perform due diligence expertly, thoroughly, and quickly for The Breakers and Ocean Center—both built in the 1920s and designed by the same architect,” notes John Molina, Founding Partner of Pacific6,
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Ocean Center at 110 West Ocean Boulevard in Long Beach, CA and adjacent to The Breakers will also be redeveloped at its current site.
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“Due to the complexities of these projects, we required a
very quick turnaround on the transactions and AEI came through time and time
again. Their work was absolutely critical in taking these projects to where
they are now.”
Molina explains that both buildings at The Breakers, as well
as Ocean Center, have not been operational for several years. The project
requires careful handling to assure proper management to preserve the historic
components of the buildings.
CONTACTS:
Lisa James / Elisabeth Manville
Brower Group
(949) 438-6262
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