DIGS is the premiere luxury real estate lifestyle magazine serving the most affluent neighborhoods in the South Bay and Westside of Los Angeles, California.
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24 DIGS.NET | 12.16.2016 Publisher Associate Publisher Editorial Director Creative Director Production Manager Digital Media Director Senior Videographer Videographer Contributing Writers Senior Staff Photographer Warren J Dow Carol Skeldon Amy Adams Debbie Warnke Lucia Salas Dianne Garcia Kieron McKay Andrew Kraus Constance Dunn Wendy Bowman Jenn Thornton JocLene Davey Virginia Fay Paul Jonason CO N N E C T W I T H U S 722 1ST STREET, UNIT D, HERMOSA BEACH, CALIFORNIA, 90254 OFFICE: 310-373-0142 • FAX: 310-373-3493 South Bay Digs Magazine is published every other Friday by m3 Media, LLC. Reproduction in any form or by any means is strictly prohibited without the prior written consent from m3 Media LLC. The Publisher and advertisers are not responsible or liable for misinformation, misprints, or typographical errors. All advertised properties are subject to prior sale or withdrawal without notice. Real estate advertised in this publication is subject to the Federal Fair Housing Act. M3 Media will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Any and all submissions to this publication become the property of m3 Media, LLC and may be used in any media. .net TO OUR READERS South Bay DIGS welcomes your feedback and encourages reader response to our editorial features. Please send your letters to the Publisher at 722 1st Street, Unit D, Hermosa Beach, California, 90254 or via email to WDow@SouthBayDIGS.com. Please include your name and contact information. Letters may be published and we reserve the right to edit. ADVERTISING For inquiries, please contact Publisher Warren Dow at 310.373.0142. EDITORIAL For editorial inquiries, please email Editorial@SouthBayDIGS.com D E C E M B E R 1 6 , 2 0 1 6 | I S S U E 1 4 8 on the cover A RC H I T E C T | D E S I G N | BU I L D S PE C I A L E D I T I O N 2016 D I G S . N E T FIND YOUR PLACE. Special Edition ARCHITECT | DESIGN | BUILD 12.16.16 Oered by BRYN STROYKE, STROYKE PROPERTIES Details on PAGE 62 SILICON BAY SHOWCASE D E V E L O P E D B Y S I L I C O N B AY D E V E L O P M E N T Offered by Bryn Stroyke, Stroyke Properties 310.880.3436 | Bryn@StroykeProperties.com 629 6th Street, Manhattan Beach List Price $10,900,000 Photography by Paul Jonason CREATIVE SERVICES & AD DESIGN/ORIGINAL ARTWORK PROVIDED EXCLUSIVELY BY SOUTH BAY DIGS. © 2016 m3 Media, LLC. All rights reserved. OCEAN TRAILS / TRUMP NATIONAL GOLF COURSE S O U T H B A Y History Tidbits mdmegowan@gmail.com Maureen Megowan 310.541.6416 In the 1950s, Edward Zuckerman, with a partner, purchased a sloping 150-acre garbanzo bean field rising up from the cli•s of the ocean on the Palos Verdes Peninsula adjacent to San Pedro. In 1970, Ken Zuckerman's father had tried to build on his farmland 1,200 apartment units, a 200-room resort hotel, and a nine-hole golf course. This massive planned development prompted the formation of the City of Rancho Palos Verdes. The new government placed a moratorium on development, and then downzoned the Zuckerman's property to require that all new homes be built on one-acre lots. Based on these restrictions, it didn't make sense to build, so the Zuckerman's sat on their property until 1989, when Ed Zuckerman's sons, Ken and Bob, with a partner, formed a joint venture for an additional 100 acres from developer Barry Hon to accumulate a total of approximately 260 acres, with close to two miles of ocean frontage. The Zuckerman family spent years working with the City of Rancho Palos Verdes and various environmental groups to create a plan, which would provide native sagebrush habitat for a rare bird, the California gnat-catcher. The plan was initially approved in 1994, however construction was delayed by years of lawsuits by environmental groups. The Zuckerman brothers created a new limited partnership in 1997, buying out Barry Hon. Development of the Ocean Trails Golf Course finally began in 1998. Ultimately, out of the Zuckerman's 260 acres, 75 were devoted to 75 home sites. The golf course is built on 100 acres (compared with 150 for a typical course), but 20 of those were required to be covered with regrown sagebrush. 105 acres were reserved for sagebrush, public parks, or pathways. Unfortunately, on June 2, 1999, just before its scheduled July 2nd opening, a large portion (approximately 17 acres) of the cli•-top 18th fairway slipped towards the ocean creating a huge chasm. The project, which had been originally budgeted for $126 million, required another $61 million to repair the landslide damage (paid for by insurance proceeds). For months, the course operated on a temporary basis as a 15-hole course. The property was then tied up in various lawsuits, including a claim by Zuckerman that a water line running under the property had burst, causing the landslide, however another potential cause was discovered, that an ancient landslide, previously undetected, may have been the cause of the landslide. Ultimately, the Zuckermans were forced to declare bankruptcy, and the property was taken over by Credit Suisse, the lender on the property, in February 2002. In August 2002, Donald Trump acquired the Ocean Trails project for a reported $27 million. Subsequently, Trump made substantial improvements. The course finally opened as an 18-hole course on January 20, 2006. Including the money Trump has invested in the course and the original investment by the Zuckerman family, the project has expended in excess of a reported $300 million, clearly making the course the most expensive golf course ever constructed. The above is an excerpt from my book "Historic Tales of Palos Verdes and the South Bay." For more info go to www.southbayhistory.com. Ocean Trails Landslide