Councilmember Bill Rosendahl announced today that a recent vote in City Council will help start the second phase of open space in Pacific Palisades that has been three decades in the making.
The Los Angeles City Council unanimously approved plans to sell seven City-owned properties around Potrero Canyon. The proceeds from the sale of the property will go toward building the next phase of Potrero Canyon Park off Pacific Coast Highway.
The council voted to sell a total of 12 properties around the City. These properties are more fully described in the Ordinance and Notice of Sale.
“The vote to sell these properties at auction means we are a major step closer toward finishing this passive public park,” said Rosendahl. “My constituents and I have worked hard over the last several years to make some real progress in Potrero Canyon. I’m proud of the partnership between City staff and my constituents in the Palisades who are determined to make this project a reality in our lifetime.”
Crews recently completed the first phase of the park — filling the canyon and raising the floor above Pacific Coast Highway almost 20 feet. When finished, the $30 million passive recreation park will have a hiking trail from the Palisades Recreation Center down to Pacific Coast Highway and the Pacific Ocean.
The park is expected to be completed in 2015 — funded by the sale at auction of a total of 21 City-owned lots and homes along the rim. After the close of properties to be sold at auction this fall, the City will still need to sell seven remaining properties
Councilmember Bill Rosendahl joined Recreation and Parks in breaking ground on the Potrero Canyon Park back in February of 2011: