Long Beach Condo Complex Planned
A high-powered development team that includes the brother of Las Vegas mogul Steve Wynn offered the first public look Wednesday at plans to build the city's two tallest buildings. The $1 billion sail-shaped development of three residential buildings would yield 1,300 upscale condominiums on the parking lot behind the city's World Trade Center. Molasky Pacific California LLC purchased a 5.6-acre parcel at a parking lot used by the Hilton Long Beach Hotel and World Trade Center for $18 million in March 2005, the Long Beach Press-Telegram reported. Plans call for a seven-story building, along with towers of 45 stories and 55 stories. Individual units would measure between 800 and 1,400 square feet. Estimated selling prices would start in the $700,000s.

Carson Planners Approve Mall for Toxic Dump
Plans to turn a toxic dump into a $700 million shopping center breezed through a possible roadblock this week as the Carson Planning Commission approved an environmental impact report and zoning changes for the project. Carson Marketplace, touted as the largest shopping center development site in L.A. County, is the latest proposed development for the 157 acres. The City Council will review the project, which could generate $5.6 million annually in redevelopment funds from property taxes, $4.9 million in city sales taxes and 2,500 permanent jobs, the Daily Breeze reported. The barren field at Del Amo Boulevard and the San Diego (405) Freeway would be home to 2 million square feet of commercial space, a hotel, convention center and up to 1,550 houses.

Vote to Put End to Boeing Strike
Boeing Co. union machinists on Wednesday voted to approve a new collective bargaining agreement and are expected to return to work on Monday, ending a strike that had dragged on since early November. The International Association of Machinists and Aerospace Workers notified Boeing that Local 725, representing 600 employees at Boeing facilities in Huntington Beach, Vandenburg Air Force Base and at a portion of Long Beach's C-17 program, had ratified the new contract, the Long Beach Press-Telegram reported. The new contract is effective through Oct. 23, 2008. About 1,500 Boeing workers voted to go on strike in November after talks stalled on a new contract.


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