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October 11, 2006

Murchison Consulting Secures Important Victories at Long Beach City Council, Planning Commission


Long Beach, CA -- Murchison Consulting clients, the Home Depot and Orange Rocket, had projects approved by the Long Beach City Council and Long Beach City Planning Commission, respectively, this month. Both wins ensure Long Beach residents, businesses and visitors better retail and financial options throughout the City.


The council voted 6-3 Tuesday in favor of certifying the environmental impact report for the $21.5 million project at the intersection of Studebaker Road and Loynes Drive. In another motion, council members voted 7-2 to approve a site plan review and conditional use permit for the project, which includes a 137,000-plus-square-foot Home Depot and Garden Center, an 8,000-plus-square-foot restaurant with outdoor dining and 12,000 square feet of additional retail space.


“As a nearby resident of the proposed Home Depot, I was thrilled to be part of a project that is estimated to generate for the City of Long Beach $500,000 from sales taxes and $100,000 from property taxes. We read everyday how Long Beach loses good cops to neighboring, higher paying areas. It’s projects like these that could make the difference in keeping Long Beach’s finest right where they belong,” said Mike Murchison, President of Murchison Consulting.


In addition, Murchison Consulting secured a win at the Long Beach City Planning Commission for its client, Orange Rocket. The facility will be located at 6640 Cherry Avenue in the 9th District. A Gardena-based company, Orange Rocket was founded in 2002 and engages in payday lending, check cashing, money transfer, money orders, bill pay, prepaid services, and other ancillary services required by the market.

“Alternative financial centers like Orange Rocket provide needed services for a variety of clientele,” said Murchison. “I am pleased we were able to work with the 9th District Councilmember and the neighborhood groups to make this a win-win for everyone. Orange Rocket intends to be a good corporate citizen and active community participant in North Long Beach.”

 

Contact: Mike Murchison | 562-596-5835 | mike@murchisonconsulting.net

3333 E. Spring Street, Suite 204

Long Beach, California 90806

P. 562.596.5835 | F. 562.424.8897