Hermosa Beach Council sets fees for market-priced residential development in commercial districts

by Kevin CodyPier Avenue, from Monterey Boulevard to Valley Drive, will be lined with market rate  and moderate to low income homes and apartments if a program approved by the Hermosa Beach City Council at its Tuesday, December 12 meeting is successful.The program, known as Land Value Recapture, involves rezoning upper Pier Avenue, as well as sections of Pacific Coast Highway and Aviation Boulevard, from commercial to mixed use zoning. Mixed use allows for both commercial and reside