STATEMENT OF ERIC MALLORY
SENIOR VICE PRESIDENT, DEVELOPMENT
Regarding Long Beach City Council action on Queensway Bay project
December 20, 2000
We are extremely surprised and disappointed by the action taken by the Long Beach City Council regarding the Queensway Bay project. We were in substantive discussions with the City on a course of action to move the project forward expeditiously and in the best interest of the City.
This is a sad day for Long Beach and particularly for the Aquarium of the Pacific, in terms of the support the Aquarium so desperately needs on the Rainbow Harbor waterfront.
As a result of the recent action by the City Council, DDR will await formal notice from the City, and then review our agreements currently in place with the City before considering all of our options