The Daily Dig:
JPI has broken ground on Portico, a $150 million mixed-use project in Downtown Long Beach, California. It's the first phase of the Mosaic redevelopment, which used to be called City Place Long Beach.
Portico is an eight-story podium building with 272 residential units and about 18,841 square feet of ground-floor retail along The Promenade. AC Martin is handling the design. They're targeting completion in June 2028.
Project Snapshot:
Owner / Developer: JPI
General Contractor: Not disclosed
Design Team: AC Martin
Sector: Mixed-Use / Multifamily
Value / Financing: $150 million
Location: Downtown Long Beach, CA
Timeline / Status: Ground broken; delivery targeted for June 2028
TheJobWalk Thoughts:
Pretty straightforward downtown podium build, but there's enough density here to demand tight coordination from the start. Stacking residential over retail always adds pressure on sequencing, inspections, and utility tie-ins. Since this is the opening act for a bigger redevelopment, execution matters beyond just this building. How Portico goes will set the tone for whatever comes next on the site.
