City News Service. Photo By: Junial Enterprises
Officials celebrated the start of construction Monday on the La Kretz Blue Economy Incubator, a key component of the planned AltaSea marine research, education and business center at the Port of Los Angeles.
Garcetti Speaks On Behalf Of The Center
The 35-acre AltaSea project has been in the works for years with plans to convert a historic pier and warehouses into a hub for science, business, research and technology innovation.
“The ocean is a frontier for new discoveries that can transform how we live, help us better understand our planet, and create green jobs that can drive our economic future,” Los Angeles Mayor Eric Garcetti said. “This new campus will be a place where scientists, educators, policymakers and entrepreneurs can work together to accelerate marine research that will set an example for the world to follow.”
“Understanding The… Unexplored Frontier”
The incubator is being substantially funded by entrepreneur and philanthropist Morton La Kretz, whose previous project support includes the La Kretz Innovation Campus in downtown Los Angeles. The Los Angeles Cleantech Incubator, which is headquartered at the facility, is also a partner in running the Blue Economy Incubator.
“I strongly share AltaSea’s vision to create the infrastructure of science, education and business incubation that will help the Los Angeles region thrive in a fast-changing future,” La Kretz said. “The La Kretz Blue Economy Incubator will find and support entrepreneurs developing aquaculture, undersea mapping and other businesses vital to understanding the largely unexplored frontier at our doorstep.”