What We Do
Marina del Rey is a thriving urban residential, business, boating, and tourism community located along the coast in the unincorporated area of Los Angeles County. To ensure the longevity and success of the Marina’s lessees and business owners, the association provides:
We educate our members on public policy matters at the local, state, and federal level that directly impact their business sector.
We serve as a liaison between our members and local, state, and federal representatives and policymakers, to communicate the needs and concerns of our membership.
We support the needs of our members through advocacy to ensure their long-term investments in Marina del Rey are protected.
who we represent
The Marina del Rey Lessees Association was established in 1962 to represent the leaseholds located in the largest man-made small craft harbor in the United States, and second largest in the world, next to Dubai. The leaseholds we represent account for the second largest source of revenue for Los Angeles County, with property taxes being the largest source of revenue for the County. Our members have invested hundreds of millions of dollars to upgrade their properties over the last several years so that our residences, hotels, anchorages, and retail and dining establishments continue to present Marina del Rey as the Crown Jewel of Los Angeles. The Marina is a warm and inviting destination for local residents as well as tourists to enjoy for rest, relaxation, and recreation both on and off of the water.
The members of our association represent:
6,440 apartment units
4,326 boat slips
1,391 hotel rooms
Marina del Rey is the largest contributor of revenue for Los Angeles County apart from property taxes. The Marina generates revenue for the County of Los Angeles through ground rent from residential, commercial, hospitality, and anchorage and marine leaseholders. Los Angeles County owns the land in Marina del Rey and leaseholders enter long term agreements with the County to lease parcels, creating a vast revenue stream for the County. Additional revenue is generated through taxes, tourism, and a healthy labor market.
economic impact snapshot
GROUND RENT REVENUE PRODUCED BY MARINA DEL REY FOR L.A. COUNTY
(Residential, Commercial, Hospitality, Marine)
ECONOMIC IMPACT OF TOURISM IN MARINA DEL REY
(Includes overnight guests only, not day trippers)
ANNUAL TRANSIENT OCCUPANCY TAX PRODUCED BY MARINA DEL REY HOTELS FOR L.A. COUNTY
(Transient Occupancy Tax is paid each time a hotel room is booked. 2019 revenue listed above )
ANNUAL HOTEL TAX REVENUE FROM MARINA DEL REY HOTELS THAT FUNDS VISITOR-SERVING EVENTS AND PROGRAMS IN THE MARINA
A portion of Transient Occupancy Tax produced by MdR hotels for LA County is earmarked to fund many visitor-serving programs including concerts, community events, visitor center staff, youth sailing programs, beach shuttle, firework shows, and more
VISITORS COME TO MARINA DEL REY ANNUALLY, INCLUDING LOCAL, DOMESTIC, AND INTERNATIONAL TRAVELERS
CREATED BY JUST THE TOURISM AND HOSPITALITY SECTOR ALONE
REVENUE CREATED FOR
LOS ANGELES COUNTY BY THE GROUND RENT FROM MARINA DEL REY'S BOAT SLIPS.
Major business sectors in marina del rey
The primary business sectors in Marina del Rey include residential, tourism, hospitality, commercial, and marine industries. These categories represent the majority of leaseholds in the Marina and are each represented by the Marina del Rey Lessees Association.
Marina del Rey has 18 residential properties with approximately 6,440 single unit residences that generate over $56 Million in tax revenue annually for Los Angeles County. Apartment residences in Marina del Rey set aside a portion of their units for low-income and senior housing. Over the last 5 years, hundreds of millions of dollars have been invested in upgrading and renovating apartment units in Marina del Rey. With world-class amenities and close proximity to Silicon Beach, LAX, freeway access, and the coast, Marina del Rey is a popular destination to live, work, and play.
TOURISM & HOSPITALITY
A popular travel destination, Marina del Rey features 8 hotels, 1,391 hotel rooms, and 37 full-service restaurants. Marina del Rey’s tourism and hospitality industry represents over 3,000 front-line service workers, including housekeepers, servers, dishwashers, and front desk workers. Marina del Rey sees approximately 1 million visitors annually, half of which are overnight guests. The economic impact of tourism in Marina del Rey from overnight guests has been historically $400 Million with over $11 Million in Transient Occupancy Tax (hotel bed tax) generated for Los Angeles County's general fund.
There are more than 150 commercial and retail businesses located in Marina del Rey. Collectively commercial properties produce over $6 Million in ground rent revenue for the County of Los Angeles annually. The commercial properties in the Marina are home to multiple business sectors including office, medical, retail, and restaurant businesses. Several of the commercial units are a popular hub for locals and visitors including Waterside, Fisherman's Village, and the new Boardwalk Marina. These properties include dining establishments, retail, grocery stores, recreational activities, and boat slips.
The Marina has over 4,326 boat slips in 22 anchorages and produces over $12 Million in ground rent annually for Los Angeles County. Individual marinas are managed by a number of public and private businesses including apartments, yacht clubs, and hotels. Marina del Rey is a popular destination for recreational boating and offers boat slips ranging in size to accommodate small, mid-size, and larger vessels. In addition, the Marina offers a unique place for celebrations and social events onboard the larger party boats available through public and private charters. Other popular boating activities on the water include sportfishing, whale watching, and sailing regattas.
The Marina del Rey Lessees Association has an executive committee that provides regular updates on the needs and issues of their represented industries. The committees focus on the key areas of hospitality, marine, commercial, and residential sectors.