The Port of Los Angeles said that they are seeking proposals from interested parties to participate in the pre-development of Pier 500, a proposed new stand-alone marine container terminal along the Pier 400 Channel.
According to their official statement, the selected entity would enter into a public-private pre-development agreement with the Port to scope the project’s financial feasibility, procure entitlements and handle other requirements needed before implementation and build-out of the project.
“ For the first time in a generation, the Port of Los Angeles plans to build a new container terminal to meet global supply chain demand for decades into the future ,” said Port of Los Angeles Executive Director, Gene Seroka . “ The development of the cleanest terminal possible would enhance our efficiency and sustainability while creating new jobs in our communities .”
As proposed, Pier 500 would be a 200-acre site with two new berths and approximately 3,000 linear feet of new available wharf.
The pre-development process will include all necessary environmental assessments as required under the California Environmental Quality Act (CEQA) and the National Environmental Policy Act (NEPA).
The entire proposed Pier 500 project – from pre-development, entitlement procurement, and environmental review to full build-out and operation – is expected to take approximately 10 years, the Port concluded.