Advertisement
YOU ARE HERE: LAT HomeCollectionsSeaport Development Inc
IN THE NEWS

Seaport Development Inc

FEATURED ARTICLES
CALIFORNIA | LOCAL
November 22, 2006 | From a Times Staff Writer
Long Beach has reached an agreement potentially worth $9 million that would settle a rent dispute between the city and the operator of the Queen Mary harbor tourist attraction. The pact between the city and Queen's Seaport Development Inc., which filed for Chapter 11 bankruptcy protection in March 2005, must still be approved by a bankruptcy court judge. The agreement, however, is expected to clear the way for a court-appointed trustee, Howard M.
ARTICLES BY DATE
Advertisement
BUSINESS
December 10, 1999 | STEPHEN GREGORY, SPECIAL TO THE TIMES
Cruise line operator Carnival Corp., in a potential blow to the Port of Los Angeles, on Thursday unveiled a proposal to build a new terminal next to the Queen Mary in Long Beach for its two ships currently docked in San Pedro. The cost for the new terminal, which is expected to take up to 18 months to build, was estimated at $16 million, a Carnival spokeswoman said. The preliminary agreement between Queen Mary operator Queen's Seaport Development Inc.
CALIFORNIA | LOCAL
April 27, 2007 | Valerie Reitman, Times Staff Writer
A Santa Monica shopping center developer has bid $41 million to purchase the lease for the Queen Mary and surrounding grounds in Long Beach, with plans to refurbish the ship and develop the landing as a retail-entertainment complex. O&S Holdings' is the first bid received for taking over the property operated by Queen's Seaport Development Inc., which filed for bankruptcy in March 2005.
CALIFORNIA | LOCAL
March 16, 2005 | Nancy Wride and Deborah Schoch, Times Staff Writers
The company that runs the Queen Mary in Long Beach filed for Chapter 11 bankruptcy protection Tuesday, casting uncertainty over the future of the historic attraction. The action comes just weeks after Long Beach declared Queen's Seaport Development Inc. in default of its lease, saying that the firm owed $3.4 million in back rent. The city had set today as the deadline for payment.
BUSINESS
August 15, 2007 | Andrea Chang, Times Staff Writer
A group of investors won the right to run the Queen Mary and develop its surrounding Long Beach waterfront property at a federal bankruptcy auction Tuesday. With a bid of $43 million, the group, called Save the Queen, picked up the 66-year lease to oversee the operations of the historic ocean liner. The only other bidder, real estate developer O&S Holdings in Santa Monica, did not submit a counteroffer, Long Beach city officials said.
BUSINESS
July 14, 2007 | Annette Haddad, Times Staff Writer
A leading candidate to run Long Beach's Queen Mary attraction and develop its surrounding grounds has pulled out of negotiations with the city, officials said Friday. But other developers interested in leasing the 55-acre site are scheduled to bid at an auction later this summer. The city of Long Beach owns the Art Deco-era ocean liner that has been docked across Queensway Bay from the city's downtown for nearly 40 years.
BUSINESS
August 14, 2007 | Andrea Chang, Times Staff Writer
A developer and a group of investors are expected to vie today to run the Queen Mary attraction and its surrounding Long Beach waterfront property, city officials said. The officials said the bidders -- real estate developer O&S Holdings in Santa Monica and a group called Save the Queen -- would appear in U.S. Bankruptcy Court in Los Angeles. The city, which owns the Queen Mary, has been trying to find a new partner for the ship after its leaseholder, Queen's Seaport Development Inc.
BUSINESS
February 21, 2001 | STEPHEN GREGORY, SPECIAL TO THE TIMES
The two sides in a lawsuit that has stalled construction of a $16-million cruise ship terminal in Long Beach are scheduled to meet today in an effort to settle the dispute that has pitted local environmentalists against the world's busiest cruise line. Representatives of Carnival Cruise Lines Inc.
BUSINESS
March 2, 2010 | By Hugo Martín
The Queen has seen better days. A makeover has been long overdue for the venerable Queen Mary, the retired cruise ship turned tourist attraction and hotel docked in Long Beach Harbor since 1967. But repairs to the city-owned ship have been delayed because of financial crisis and organizational wrangling. Long Beach officials now believe the ship is getting its long-overdue upgrades under a new management company that also operates hotels and restaurants in Yellowstone and Grand Canyon national parks and the Kennedy Space Center in Florida.
CALIFORNIA | LOCAL
July 20, 2000 | DAN WEIKEL, TIMES STAFF WRITER
Renovation of the venerable Queen Mary in Long Beach remains at a near standstill amid allegations that the ocean liner's operator owes the main contractor at least $2.6 million and has improperly diverted funds earmarked for the project. The accusations are part of a bitter contract dispute in Long Beach Superior Court that threatens to erode the earnings of the city's icon at a time when the attraction has reported several years of improving profits.
Los Angeles Times Articles
|