Local News in Brief : Douglas and Disney May Build Monorail
Six development firms, including a division of McDonnell Douglas Corp. and Walt Disney Co., will meet next week to discuss the feasibility of building a monorail to connect their downtown Long Beach office, hotel and tourism projects with the new Los Angeles-Long Beach light rail line and the Queen Mary.
Robert Young, president of McDonnell Douglas Realty Co., said a monorail would most likely be privately financed. He said his firm, in conjunction with another developer, already has funds for a half-mile monorail segment that could run from the light rail terminal to a planned 35-story office tower on West Ocean Boulevard.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
