Long Beach, CA
Long Beach, CA is in the midst of a renaissance, and with more than 500,000 square feet of retail in development and over $3.5 billion in overall development underway, it is looking to become a 24/7 destination hot spot.
Long Beach is strategically located between Orange County and Los Angeles and best of all the coastal community typically offers a discount on rents. “The downtown is being reborn and recreated,” Robert Garcia, the mayor of Long Beach since 2014, said. Mayor Garcia is leading the way with a revitalization plan totaling $100 million in improvements throughout the Downtown Long Beach areas. Pine Ave in Downtown continues to thrive a culinary destination bringing in local and national tenants alike. In 2017, 174 new businesses made the decision to call Downtown Long Beach their new home.
Needless to say, Long Beach, CA is on the rise! Reinventing itself and attracting positive attention with its business friendly environment.
Key Facts:
- 500,000 square feet of retail under development
- $3.5 billion in total commercial development in the works
- $100 million in Downtown Long Beach Revitalization
*Data courtesy of John Salustri globest.com and NY Time Data
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