🏙 Long Beach Office Tower Conversion Update: 391 Apartments Proposed at 111 W. Ocean Blvd
A 24-story office tower in Downtown Long Beach — 111 W. Ocean Blvd (formerly Landmark Square / Wells Fargo Building) — is proposed to be converted into housing as part of a broader office-to-residential trend in urban cores.
✨ Highlights:
• 24-story existing office tower
• Approximately ~460,000 sq ft building
• Proposal to convert into ~391 residential apartment units (adaptive reuse)
• Developer: Shomof Group (Izek Shomof)
• Property reportedly acquired in 2025 for around $50M
• Application submitted to the City of Long Beach — currently under city review
• Not yet approved, permitted, or under construction
• No official unit mix, affordability breakdown, parking plan, or construction timeline released yet
Bottom Line:
This reflects a growing shift in Downtown Long Beach — repurposing underused office space into residential housing. If approved, it would add nearly 400 units to the downtown core without new ground-up construction. Still early stage, application / entitlement review phase. No construction start date has been announced.
📩📲 If you own in Downtown Long Beach, are considering buying nearby, or invest in urban infill projects, DM me “LB” and I’ll break down how projects like this mean for your specific situation.
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Realtor: Christian Gomez
Phone Number: (949)521-9423
Email: rechristiangomez@gmail.com
Website: re-cg.com
DRE 02242748
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