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BUSINESS in MANHATTAN BEACH

The 27,900-squarefoot Gelson’s boasts a staggering selection of specially-curated products, deli and salad items that are prepared in-house daily, a wine/craft beer bar complete with tapas and a fresh juice/smoothie bar. Other amenities include a Viktor Benes bakery, a Wolfgang Puck kitchen area, poke and salad bars as well as a living lettuce wall in the produce section.

In the last year, Manhattan Beach has been host to an explosion of development and business upgrades. We’ve seen a gorgeous new retail building project home to Gelson’s and First Republic Bank. And because competition spurs the best economies, Banc of California also opened up its only South Bay branch on Sepulveda and 20th to service their Manhattan Beach clients. The Manhattan Medical Center is a stunning and much-needed George Apostol building that enabled UCLA Medical Group to expand their practices and offered the chance for other specialty medical services to take root in our city. And of course, the

Manhattan Village Shopping Center is undergoing a major remodel to create a revamped 648,000 square-foot indoor-outdoor dining and shopping experience set for a 2021 completion. The developments in Manhattan are proving to impact our small city significantly. Not only do residents have more local retail and dining options, but also residents of adjacent cities have and will continue to flock to MB to get their shopping fix. Jim Dillavou, a Principal Partner of Paragon Commercial Group - the construction company that greenlit and built the Gelson’s and First Republic Bank project - attributes

Not only do residents have more local retail and dining options, but also residents of adjacent cities have and will continue to flock to MB to get their shopping fix. 36

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M A N H AT TA N B E AC H D E S T I N AT I O N G U I D E & B U S I N E S S D I R EC TO RY

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the change to development in our sister cities. “The last couple of years have seen a significant change in the Manhattan Beach commercial real estate landscape,” he says. “Historically, MB has been ‘too far south’ or ‘too far from downtown LA’ to be a robust commercial real estate corridor. With the development of Playa Vista, this all changed. Tenants then looked to El Segundo, which is currently undergoing the greatest commercial real estate transformation of our lifetime.” While these two cities are undergoing considerable change, our city’s facelift has looked a little different. “Manhattan Beach, on the other hand, doesn’t have a significant number of undeveloped or underdeveloped properties,” Dillavou says. “So while the Manhattan Beach commercial real estate market remains very attractive – and will likely continue to be so - it

I @mbchamber F @ManhattanBeachChamberofCommerce 1/29/20 2:30 PM

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Profile for Chamber Marketing Partners, Inc.

Manhattan Beach Destination Guide & Business Directory 2020  

Manhattan Beach Chamber of Commerce Annual Destination Guide and Business Directory 2020

Manhattan Beach Destination Guide & Business Directory 2020  

Manhattan Beach Chamber of Commerce Annual Destination Guide and Business Directory 2020