Printer Friendly
The Free Library
14,799,441 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Fish draw crowds to struggling area.


RESTAURANTS and retailers from all over Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  still converge on the Seafood District each day to pick out the best tuna tuna or tunny, game and food fishes, the largest members of the family Scombridae (mackerel family) and closely related to the albacore and bonito. They have streamlined bodies with two fins, and five or more finlets on the back. , salmon and other seafood delicacies This is a List of national delicacies. This list is sorted from where the food originated from. Many of these dishes may be normal to one culture, however to other cultures may seem bizarre.

A delicacy is a food that is particularly prized within a given culture.
.

But it's been a while since a seafood wholesaling operation was the largest real estate tenant there.

The major landholder is a wine and spirits distributor: Young's Market Co. LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, which covers 138,000 square feet of warehouse and office space on nearly nine acres of land around Central Avenue.

The company, with offices in the Bay Area, Hawaii and the Pacific Northwest, generates more than $1.4 billion in annual sales.

In downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or  alone, Young's Market employs 400 people in customer service, credit and a delivery operation featuring 24 trucks.

The number of seafood wholesalers may be on the decline, but the district still offers logistical lo·gis·tic   also lo·gis·ti·cal
adj.
1. Of or relating to symbolic logic.

2. Of or relating to logistics.



[Medieval Latin logisticus, of calculation
 advantages.

"This location was picked out in the 1950s as being a first-class distribution area," said Paul Vert, chief executive of Young's Holdings Inc., which owns the market. "It is very central to the freeways."

The district is bounded by San Pedro and Alameda Alameda (ăləmē`də, –mā`də), city (1990 pop. 76,459), Alameda co., W central Calif., on an island just off the eastern shore of San Francisco Bay; settled 1850, inc. as a city 1884.  streets and Fourth and Seventh streets. Some of its problems are similar to what other industrial downtown neighborhoods face: crime and homelessness.

The district is walking distance from Skid Row skid row

a run-down area frequented by alcoholics. [Am. Culture: Misc.]

See : Alcoholism


Skid Row

district of down-and-outs and bums. [Am. Usage: Brewer Dictionary, 1008]

See : Failure
. The homeless problem persists despite the formation six years ago of the Downtown Industrial District, which has cleaned up the area and made the streets safer.

The district is home to dozens of wholesale and seafood processing operations, with some of the products arriving daily from as far away as Asia.

One of the larger ones is American Fish & Seafood Co., which has been a neighborhood stalwart Stalwart

A description of companies that have large capitalizations and provide investors with slow but steady and dependable growth prospects.

Notes:
The annual gain that would be viewed as the norm for investing in stalwarts is about 10% to 12%.
 since 1947.

Businesspeople from all over the city make the trek for lunch at the Fisherman's Outlet restaurant on South Central Avenue.

Back in the 1950s, the original family owners of Young's Market had a meat processing plant and a seafood wholesaling operation in the district.

The family also had distributed liquor since the end of Prohibition.

Then in 1990, the family sold the business to Vernon Underwood and his family members, who had been running Young's wine and spirits operation.

The new owners sold off the meat and seafood operations to focus on higher-margin wine and spirits.

"We felt these other businesses were more of a diversion and we should really focus on our core business, which was wine and spirits," Vert said.

The second largest property owner is the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  County Metropolitan Transportation Authority, which operates a 6.6-acre depot originally established a century ago for Red Cars but now deploys Metro buses.

The sprawling Alameda Produce Market spills into the neighborhood from the nearby Produce District, making the market's owner, Richard Meruelo, the third-largest property owner in the area.

And despite the area's problems, some believe the district may be next to see some residential conversions.

"What we are talking about are the buildings that are vacant or underutilized and have been for many years," said Estela Lopez, executive director of Central City East Association. "Those buildings are not fulfilling their best use as industrial uses. Many of the owners are looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 new uses."

Seafood District

Features

Wholesaling appears to be on the decline, but the area is still a significant draw for L.A. restaurateurs and retailers who need delicacies from the deep

Top Landowners

* Young's Market Co.

Number of Properties: 2

Square Feet: 231,697

Number of Acres: 8,507

* L.A. County Metropolitan Transportation Authority

Number of Properties: 4

Square Feet: 0

Number of Acres: 7

* Alameda Produce Market Inc.

Number of Properties: 6

Square Feet: 47,022

Number of Acres: 3.4

[ILLUSTRATION OMITTED]
COPYRIGHT 2005 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:who owns downtown?
Comment:Fish draw crowds to struggling area.(who owns downtown?)
Author:Greenberg, David
Publication:Los Angeles Business Journal
Geographic Code:1U9CA
Date:Mar 28, 2005
Words:610
Previous Article:Inevitably, renewal leads to gentrification.(who owns downtown?)
Next Article:Renovations, loft projects, new mall dress up area.(who owns downtown?)
Topics:



Related Articles
STAPLES INFLUENCE; NEARBY BUSINESSES ANTICIPATE BOOST.(News)
Circulo Vasco Espanol. (Inside Eating Out).(dining out in Mexico City's Centro Historico district)(Brief Article)
Central West: Planning the perfect meeting can be a breeze. (Florida).(Tampa Bay)(Brief Article)
URBAN OUTFITTERS OPENS IN DOWNTOWN BURBANK.(News)
The magic number 25.(Editorials)(Downtown crowd limits may cause trouble)(Editorial)
VALLEY LIGHTS UP WITH NEW HOT SPOTS.(News)
Block by block, neighborhoods reflect change: new phase coming to Staples Center.(who owns downtown?)
Suit challenges fishing season cut.(Courts)(But the state's largest advocacy group for anglers says the limits are necessary)
NEW LOOK FOR DOWNTOWN LANCASTER CITY TO START REVITALIZATION PLAN.(News)
500,000 RALLY IN L.A. BIGGEST PROTEST IN CITY HISTORY HITS TOUGH IMMIGRATION BILL.(News)

Terms of use | Copyright © 2010 Farlex, Inc. | Feedback | For webmasters | Submit articles