Originally posted by @Charles Cooper:
Public Market is being delayed by COVID and Alta Sea is up and running. There is starting to be more and more private investment that specialize in "Blue Technology" to make AltaSea their home. Google
As far as homelessness, San Pedro and Wilmington recently opened up the Bridge Homes. They are at half capacity. Homelessness is an issue and they are trying to fix it by taking people off the streets and into housing. It will take some time but now is a great time to buy in San Pedro. There is a lot of development going on like @Mo Brentwood mentioned.
I sit on the Central San Pedro Neighborhood council as an officer and Treasurer, so I see a lot of whats going on and the steps we are taking to clean it up.
That's great to hear. I drove by where AltaSea is and the exterior doesn't look like it has been used for years, but I might be wrong. If you are planning to invest for STR, would the downtown area (5th, 6th, 8th) be the right site to start? Thanks!
