Talks broke down when the developer asked for a 67 percent reduction in taxes and a free lease for the entire 66-year life of the agreement. The plan was to create housing, retail, parking, a restaurant and cultural space at the downtown San Pedro location
The courthouse opened in 1969 and sits on 1.8 acres of prime San Pedro real estate. It has been shuttered since 2014. The location is a key connection to the city's historic downtown and the waterfront.