One of the Long Beach’s landmarks is a Psychic Temple. This is considered as one of the oldest commercial structures in the area. The art of accurate psychic readings has been an industry that has gained much market through time. Many people are interested in gaining accurate psychic readings from experts.
However, this well known Psychic Temple is set to be converted into an office space. The people in downtown Long Beach aim to attract new businesses and residents in the area by redeveloping different structures.
The advertising agency, InterTrend Communications, is tasked to make new sophisticated improvements on the brick building located at 224 E. Broadway. The advertising agency will convert the top two floors into offices for different firms that will be interested in renting space. The top floors were formerly spaces for residents. The ground floor and the basement will be open for retail tenants like restaurants.
This old structure in downtown Long Beach has long been a problem for the officials in the city. This was originally purchased in the year 2000 hoping that they could have a developer who is willing to redevelop and renovate the dilapidated structure.
Since the Psychic Temple was an official landmark and that it could not be razed, it is estimated to have a negative assessed value of $350,000. This figure was according to the chief executive of InterTrend, Julia Huang. The company agreed to the officials of Long Beach to fix the property. InterTrend took the property’s title after paying Long Beach City with $1. Julia Huang said that the property was so dilapidated and her company immediately loved the prospect of putting something new to the structure.
JR van Dijs, Inc., a local developer, will be doing the makeover. This is estimated to cost $2 million.
The Psychic Temple which was a Romanesque Revival-type of structure was completed in the year 1905 by one named WR Price who was a former Baptist preacher. He is the founder of a new doctrine which he calls the Practical Psychology. The founder raised money from his members in order to build the grand structure which was also referred as the Psychological Temple. However, the cult members did not get along well and the leader lost control of his society. The building was then sold at an auction in 1911.