Bellwether Financial Group (“Bellwether”), today announced that the Board of Harbor Commissioners for The Port of Los Angeles (“Port of LA”) unanimously voted on Tuesday, October 8, 2019, to authorize the Port of LA to enter into exclusive negotiations with Bellwether Financial Group for the Port of LA’s Development of the Berth 44 Boatyard.

The decision completes an extensive request for proposal (RFP) process for the development rights. Bellwether plans to develop a new state-of-the-art shipyard facility, dubbed LA Shipyard™, that will have the capability to service the boating community that calls the LA Waterfront home.  [Read the full article here.]