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Billionaire LA Developer Rick Caruso Poised To Control More County Marina Property

Approval Comes as Mayoral Candidate Does Not Get Lease for California Yacht Club
Developer and mayoral candidate Rick Caruso is deepening his investment in Marina del Rey, a boating and tourism destination in Los Angeles County. (Pedro Szekely/Flickr)
Developer and mayoral candidate Rick Caruso is deepening his investment in Marina del Rey, a boating and tourism destination in Los Angeles County. (Pedro Szekely/Flickr)
CoStar News
June 30, 2022 | 12:13 AM

Billionaire Los Angeles developer and mayoral candidate Rick Caruso is getting closer to taking control of another property in the coveted Marina del Rey harbor in Los Angeles County in what may be a bid to tie up multiple adjacent parcels.

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