Izek Shomof Plans Office-to-Residential Conversion at 111 West Ocean Boulevard, Long Beach

Key Points

• 391 residential units are planned within a 24-story, 480,000+ square foot tower at 111 West Ocean Boulevard.

• Landmark Square will be repositioned from office to multifamily housing, aligning with Long Beach’s broader adaptive reuse strategy.

• The project adds momentum to the Ocean Boulevard corridor, which has become a focal point for office, residential, and hotel conversions downtown.

Project Overview

Developer Izek Shomof plans to convert Landmark Square, a 24-story office tower in downtown Long Beach, into 391 residential units as part of a wider push to repurpose underutilized office buildings across Southern California. The property’s scale and downtown location make it a strong candidate for housing as demand continues to outpace traditional office leasing, and the acquisition from a Manulife Financial affiliate positions the building for long-term residential use.

Adaptive Reuse Momentum Along Ocean Boulevard

Ocean Boulevard has emerged as Long Beach’s most active adaptive reuse corridor, with several high-profile conversions already completed. 200 West Ocean Boulevard reopened as residential in 2023, 210 East Ocean Boulevard transitioned into the Fremont Breakers Hotel in 2024, and 110 West Ocean Boulevard completed its residential conversion in 2023, with additional office-to-residential projects underway at 400 Oceangate and the First National Bank Building at 115 Pine Avenue.

Shomof’s Growing Office to Residential Platform

The Long Beach project follows Shomof’s continued expansion across the Greater Los Angeles area, including acquisitions at 101 North Brand Boulevard in Glendale and 617 West 7th Street in Downtown Los Angeles. The strategy centers on housing creation through adaptive reuse rather than ground-up development, particularly in urban submarkets with aging office stock.

Bottom Line

The planned conversion at 111 West Ocean Boulevard highlights how office-to-residential redevelopment is reshaping downtown Long Beach, turning underused towers into housing while revitalizing key corridors and unlocking value in secondary urban markets.