The Port of Los Angeles is inviting proposals for the pre-development of Pier 500, a new marine container terminal aimed at enhancing cargo efficiency to meet future global supply chain demands. The chosen entity will collaborate with the Port in a public-private agreement to assess financial feasibility and secure necessary entitlements. The proposed 200-acre site would feature two new berths, allowing for larger cargo ships. The project will undergo environmental assessments as per California and national regulations, with an estimated timeline of around 10 years for completion.

Source: https://www.freightweek.org/index.php/en/latest-news/9501-port-of-la-seeks-proposals-for-new-terminal-along-the-pier-400-channel