SAN PEDRO, Calif.--(BUSINESS WIRE)--The completion of a multi-million dollar capital improvement program at the newly re-branded ‘Topaz’ on the waterfront in San Pedro, ushers in a new era of business in San Pedro, CA, announced Ed St. Geme, managing partner of Newport Beach-based Jupiter Holdings LLC.
“San Pedro’s bustling Waterfront District has historically been an eclectic commercial, residential, and retail neighborhood with a thriving arts community. However, it is now becoming a hot destination for tech and creative companies seeking premier office space, modern amenities, and a waterfront convenient location with a more relaxed workstyle,” St. Geme said.
Aptly named ‘Topaz’ for the expansive and multi-faceted waterfront and hillside views from every floor, the 11-story, 292,540-square-foot office tower located at 222 West Sixth Street on the San Pedro Waterfront is fueling this transformation with its recently completed renovation.
Similar to the technology-sector boom in the former industrial, eclectic South of Market (SOMA) District in San Francisco, San Pedro is poised to become the hot, new destination for technology and creative space users. The trend has clearly taken hold in San Pedro as technology and traditional companies alike have decided to do business on the waterfront – including software developers CRM; Advent Resources; the award-winning travel website, BestTravelCoupon.com; the clean-tech developer of electric engines for trucks, Transpower; Marine Oil Technology; the roster of green-technology firms that have joined with the PortTechLA incubator; and other technology and entertainment-based companies such as the entertainment news organization, Manmade Multimedia, TriCom Card Technology, American Micro Technologies, and AMBRO Diversified Technologies, to name a few.
According to St. Geme, “With the growing tenant base of creative and tech-based companies, combined with the Ports O’Call waterfront redevelopment now moving forward with visionary Wayne Ratkovich and Jerico Development, plus given the fact that there is a finite amount of waterfront locations for office space in Southern California, we’re envisioning this district within San Pedro to continue to accelerate in its identity as a cutting-edge location for business.”
Overlooking the sparkling blue shoreline, Topaz is an architecturally distinctive office tower with unequaled, expansive water and city views, prominently positioned just 30 minutes from downtown LA. According to CBRE Senior Vice President Dave Smith, “Topaz has been programmed and re-envisioned to provide a progressive, contemporary work environment for a variety of business sectors including high-tech, gaming, advertising, legal, healthcare and professional services. Topaz-branded bicycles for tenant’s use, plus electric car-charging stations are among its amenities, which are highly desired amongst this demographic.”
Down on the street, the scene continues to impress with the eclectic fabric of San Pedro offering a rich cultural experience. It includes everything from an acclaimed Farmer’s Market, an International Film Festival, First Thursdays Art Walk, music festivals, galleries, restaurants, cafes, coffee houses, pubs, boutiques, bakeries and the soon-to-be-redeveloped Ports O’ Call.
Many of these exciting projects are the result of public-private partnerships that have been dedicated to improving the commercial and recreational lifestyle in and around the Port of Los Angeles. Such attractions as luxury cruises, whale-watching tours and the USS Iowa have contributed greatly to the port’s revival.
For more information, visit www.topazsanpedro.com.
NOTE: HI-RES .JPG PHOTOS AVAILABLE