- Associated Press - Thursday, November 12, 2015

LONG BEACH, Calif. (AP) - A Los Angeles investment company is seeking the Long Beach City Council’s approval of a deal to take over operations for the Queen Mary and surrounding land.

The Long Beach Press-Telegram reports (http://bit.ly/1HJYiXh ) that Urban Commons LLC has reached an agreement to both buy the master lease from Garrison Investment Group and to negotiate a new 66-year lease with Long Beach officials. The new lease would turn the entire Queen Mary Dome over to Carnival Cruise Lines for an expanded cruise ship terminal.

The new lease will go before the City Council on Tuesday.

The city took ownership of the property back from the Port of Long Beach in the 1990s. Since then, the city has leased the ship and surrounding area to four companies to manage operations.

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Information from: Press-Telegram, http://www.presstelegram.com

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