Molina Healthcare’s Move to 6th & Pine to Bring More than 1,000 New Jobs to Area
2013-03-08 · By Editor
6th & Pine Development, managed by Millworks, a commercial real estate development firm based in Long Beach, signed an eleven year lease on Thursday, February 28 with Molina Healthcare to occupy its build-to-suit project encompassing a city block located on Pine Avenue between 6th and 7th streets that includes the former Press-Telegram and Meeker Baker buildings. The offices will house approximately 1,000 new employees in more than 200,000 square feet of office space for the managed health care provider and breathe new life into the North Pine neighborhood of the Downtown.
“We’re thrilled to solidify this relationship with Molina Healthcare,” shared Millworks Managing Partner Michelle Molina. “Both Millworks and Molina are committed to investing in the city of Long Beach and look forward to bringing more jobs, shoppers, and residents to the Downtown.”
The project will include the renovation of both historic buildings on the parcel, with the former Press-Telegram building scheduled for completion in Summer 2013 and the Meeker Baker expected to be finished in Fall 2014. The design for both buildings includes the preservation of original design features including the Press-Telegram lobby marble floors and signage, the Meeker Baker historic façade, and a possible site-wide program to include historic relics.
“Preservation and sustainability are major priorities in this project,” added Molina. “We respect the history of Downtown Long Beach and want to protect its future. Therefore, it was our objective to preserve the design aesthetic of the structures and incorporate the local arts community while reducing our carbon footprint by reusing demolished concrete and original bricks, promoting bike-friendliness, and focusing on the wellness of building occupants.”
The project also had the good fortune to be the first major development to utilize the Downtown Plan. These new zoning regulations, adopted last year, outlined a clear vision for Downtown Long Beach and the building specifications that fit that vision, streamlining the permitting process for developers.
“The Millworks project is the perfect example of what the Downtown Plan intended to accomplish,” shared Kraig Kojian, President and CEO of the Downtown Long Beach Associates (DLBA). “When construction is complete, new employees will be introduced to the Downtown, and one of the largest Long Beach employers will have the ability to significantly expand, while two historic Downtown structures will restore their former glory. From a community and economic development perspective, this project is a major accomplishment for Millworks, Molina Healthcare, and the Downtown at large.