News
HOW TO SAVE THE WETLANDS
First, you bail millionaire developer Tom Dean out of a bad real estate deal

PHOTO by JENNY STOCKDALE
City officials are secretly negotiating a succession of land deals involving multimillionaire developer Tom Dean, transactions that boil down to a swap of some of Long Beach’s most talked about pieces of property—the Los Cerritos Wetlands, owned by Dean, in exchange for publicly-owned acreage long promised to become a mid-city sports park.
The complicated scheme could save the wetlands—or at least the remaining few hundred acres of a crucial ecosystem that once covered 2,400 acres. But it most certainly would rescue Dean’s investment in the soggy real estate. In recent years, the Naples resident made a series of heavily leveraged purchases in the wetlands based on a Home Depot project at the junction of Studebaker Road and Loynes Drive, which he figured would trigger a wave of economic development in the area. But California Coastal Commission staff lambasted the Home Depot proposal, and a judge ultimately rejected it in February of this year, leaving Dean with a lot of loans to pay on a lot of unproductive swampland.
Following this, Mayor Bob Foster and Third District City Councilman Gary DeLong pushed hard for the land-swap plan. For a while it was even loosely tied to the passage of Measure I, the property parcel tax ballot measure that mentioned using some of the money it raised for the acquisition and restoration of the wetlands. But after further negotiation, it appears the plan will be able to work with or without those funds.
Since mid-summer, The District has monitored progress of the plan through conversations with sources close to all sides of the negotiations—all of whom insist their names not be revealed.
Details of the multi-step strategy remain sketchy, but the first domino may fall at the Nov. 11 city council meeting. The agenda will likely include city staff’s request for permission to buy a parcel of land owned by AmeriGas propane company—property adjacent to 56 acres (bordered by California and Orange avenues, Spring Street and the Sunnyside Cemetery) that the council unanimously designated for a Sports Park in April 2006.
With the consolidation of that huge property, the other dominoes would likely fall like this:
• Dean would purchase about 29 acres of the consolidated Sports Park/AmeriGas property from the city.
• The city would take the money from this sale—Dean’s money—and pretty much give it right back to him as payment for the Los Cerritos Wetlands—although Dean would keep oil and mineral rights.
• The Los Cerritos Wetlands Authority, a consortium jointly administered by city officials and environmental representatives—its board includes council members DeLong and Patrick O’Donnell—would then buy the wetlands from the city at its appraised value.
• The city would take the money it received from the Los Cerritos Wetlands sale and purchase degraded wetlands in the Wrigley Heights area, currently owned by a group of oil operators.
Follow that?
Dean gets to exchange perhaps-impossible-to-develop property—the Los Cerritos Wetlands are both waterlogged and bogged down in environmental warfare—for a huge swath of land he can fill with condominiums and shopping centers to his wallet’s content. He may also receive a few other choice parcels to sweeten the pot, such as 5.1 acres of wetlands-adjacent land at the northeast corner of Second Street and Studebaker Road, as well as those mineral rights. Before it’s all over, the dealmakers might even throw a few bucks his way, too.
Meanwhile, environmentalists—which is to say, all of us—win the Los Cerritos Wetlands, one of the last smidgens of local wilderness and a vital piece of whatever puzzle is ultimately pieced together to save the coastal ecology.
And the city enjoys a restored natural resource, as well as the mitigation and warm fuzzies it needs to proceed with many other development projects proposed for Long Beach’s east side.
As for Foster and DeLong, they’ll see a happy Tom Dean, whose money and connections are as valuable to ambitious politicians as . . . well . . . money and connections.
That’s a win-win-win-win situation, if you’re counting, but it still isn’t a situation that adds up to total victory: Residents who have been waiting more than 20 years for the sports park—located in the densely populated Seventh District, already under served by parkland—will undoubtedly lose.
Tags: development, gary delong, Long Beach, Los Cerritos Wetlands, Tom Dean
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