T
he City of Manhattan Beach has acquired the former U.S. Bank site in downtown for $13 million, with the purchase approved by the Council on April 1 and finalized on April 15. The city manager, Talyn Mirzakhanian, highlighted the site's potential as a public-serving facility due to its prime location near the Civic Center and heart of town.

    Mirzakhanian noted that the site's size, approximately 16,570 square feet across three parcels, presents an opportunity for the city to shape the downtown area. By purchasing the property, the city will retain control over future development, ensuring it aligns with community character and needs.

    The acquisition was made possible using part of the city's existing General Fund balance. The city manager emphasized that the site would have qualified for a residential project under the state-imposed Residential Overlay District areas. Mayor Amy Howorth pointed out that purchasing the property prevented a potential five- to seven-story apartment building from being constructed.

    Mirzakhanian stated that the city will conduct an extensive community engagement process to gather input on potential uses for the site, including parking and other uses. The city manager also noted that similar properties in the area have appreciated nearly 13 times their original purchase price over approximately 30 years, making it a sound financial investment.

    Councilperson Steve Charelian praised the acquisition, urging an extensive resident input process for its future use. Resident Jim Burton expressed concerns about using the property as a parking lot, while Mayor Pro Tem David Lesser initially opposed the acquisition but later became convinced of its importance in preserving the city's small-town character.

    The council voted unanimously to purchase the property, with Mayor Howorth crediting former councilperson Steve Napolitano for empowering the current council to make this decision.