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DLBA Economic Profile 2014

DLBA Economic Profile 2014

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Published by Long Beach Post
Downtown Long Beach Economic Profile released by the Downtown Long Beach Business Associates
Downtown Long Beach Economic Profile released by the Downtown Long Beach Business Associates

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Categories:Types, Presentations
Published by: Long Beach Post on Jun 12, 2014
Copyright:Traditional Copyright: All rights reserved

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08/10/2014

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DOWNTOWN LONG BEACH
ECONOMICPROFILE2014
 
ECONOMIC PROFILE 2014
CONTENTS
4
DOINGBUSINESS
8
DOWNTOWNDEVELOPMENT
12
TRANSIT
16
DEMOGRAPHICSPSYCHOGRAPHICS
18
RESIDENTIALPOPULATION
20
HOUSING
24
WORKFORCE
26
OFFICESPACE
30
SHOPPING
34
RETAILSPENDING
38
TOURISM
42
DOWNTOWN LONG BEACH ASSOCIATES
 2 3
ECONOMIC PROFILE 2014
 
EALIZE PPORTUNITY NVEST
DOING BUSINESS IN DOWNTOWNLONG BEACH
 4
Welcome to Downtown Long Beach!Located between Los Angeles and Orange County, Downtown Long Beach is at the center of Southern California business. A burgeoning urban environment, Downtown Long Beach features a waterfront view, business district, a historic architectural atmosphere, and a cultural arts scene. Paired with a strong sense of authenticity that attracts residents to this urban center, Downtown Long Beach is a promising site for new business development in Southern California. The strong customer base of 30,000 residents and millions of visitors each year is enhanced by the city’s business-friendly policies. The Downtown population continues to grow, with several high-rise residential projects on the horizon that are expected to add hundreds of luxury units to the city’s core. Additionally, policies such as the Downtown Plan, Long Beach Housing Element and Adaptive Reuse Ordinance streamline development, clarify permitting processes, promote preservation of historic properties, and
oer a sustainable roadmap for growth. Downtown Long Beach also has the benet of two Business Improvement Districts (BIDs) that oer a wide range of value-added economic development services
for current and prospective businesses. Entrepreneurs, developers, and business owners are realizing the potential ROI in Downtown Long Beach – not just their Return On Investment, but also their ability to Realize Opportunity and Invest. Downtown Long Beach is full of opportunities and our team is ready to work with you every step of the way and make it easier to gain the ROI you’ve been looking for. Kraig KojianPresident & CEODowntown Long Beach Associates (DLBA)DOWNTOWN LONG BEACH ASSOCIATES

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