American Life, Inc. is in the final stage of acquiring an approximately 37,073 square foot unimproved parcel of real property located at 100 East Ocean Boulevard, Long Beach, California, upon which the Partnership is anticipating the development of a 4-star hotel comprising a thirty-story tower with approximately 429 guestrooms and over 40,000 square feet of meeting space . The Hotel will also include below and above grade parking, and high-end food and beverage facilities. One F&B outlet will be located on the rooftop and offer unparalleled, unobstructed views of the surrounding oceanfront. Currently, a four-star upscale hotel is needed to take advantage of existing business and leisure travel to the City of Long Beach in the State of California. The existing supply of hotels in the downtown area average 27 years and a new, modern hotel has the potential to garner the affluent travelers visiting the area for business and pleasure and induce new lodging demand to the area.
Date:10 October, 2018
Location:Long Beach, California
Company:American life Inc
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