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Now a vacant building owned by the Long Beach Housing Development Co.,
the Palace Hotel is being redeveloped into affordable housing for youths
transitioning out of the foster care system.
The LBHDC board this week accepted a bid from Long Beach-based LINC Housing
Corp. and Los Angeles-based United Friends of the Children to renovate the
Palace.
Plans involve gutting the buildings interior to make way for 14 to
18 upper units with bathrooms and kitchenettes each averaging 300 to 350
square feet, said LINC project manager Conor Weir.
The ground level will include office space, two private counseling rooms
and 1,400 square feet for meetings, classes and events. Retail space will
take up about 1,000 square feet.
The hotels historic facade will be preserved.
LINC is seeking funding from local, state and federal sources and will
negotiate with the city on the cost of the project and number of
units.
The project is expected to break ground in 2009. The housing program is
set to be operational in 2010, Weir said.
When completed, the building will house United Friends program,
which would typically run 18 months and provides resources and services
such as mentoring, career coaching and permanent housing assistance to
a dozen or more youths ages 18 to 24.
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