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Council moves to extend tennis center lease as operator promises $“substantial investment” and a 22% rent increase
Summary
Council voted to amend the commercial lease for the tennis center at Monroe Boulevard to extend the term and change the operator name to Long Beach Sports Center; the operator (identified as Naeem Siddiqui) agreed to a nearly 22% rent increase year one and described planned investments including resurfacing, a new HVAC, solar and converting a bubble to multi-sport use.
The council voted to authorize an amendment to the commercial lease for the tennis center at Monroe Boulevard and Reynolds Channel that would allow the operator to make significant capital investments in exchange for a 10-year extension (with an additional 10-year mutual option). City Manager Dan Creighton said the operator is seeking the extended lease to secure financing for planned improvements and that the operator agreed to a nearly 22% rent increase in year one with 3% annual increases thereafter.
Creighton described the operator's proposed investments as including converting one bubble into a multi-sports complex, resurfacing one of the bubbles, installing solar and upgrading HVAC systems, and renovating the clubhouse to better serve patrons. Residents and councilmembers asked how capital commitments would be enforced; the manager said the decision emphasized rent capture and that the new rent was intended to reflect more of market value, acknowledging the city's limited leverage to force private capital investments beyond contractual terms. The operator was named in public comment as Naeem Siddiqui; staff said the final lease and certain details would be posted on the city transparency portal if approved.
