Description:
Pacific Avenue, the former “main street” of Downtown San Pedro, has a number of empty storefronts, vacant and blighted lots, properties for sale and physically deteriorated or underutilized buildings. Agency incentives are needed to address these vacancies, modernize and seek constructive re-use of these buildings, many of which are historic or have architectural merit. The Agency will implement a Business Incentive, Commercial Façade and Signage Improvement Program along Pacific Avenue, designed to attract new businesses and provide new employment opportunities. The Program would provide below-market interest rate loans or grants to assist exterior façade, signage, tenant improvement work or other needs of the new occupant., pursuant to Façade Improvements would conform to Design Standards being finalized developed by the Community and the architecture firm RTKL, for Agency adoption4. Agency activities will include marketing the Program, review of façade applications and City Attorney/legal review of executed Maintenance Agreements by participating businesses and owners. The Agency plans to apply for federal Community Development Block Grant funding to administer this low interest loan or grant Program.

Site:
Pacific Avenue between 5th and 9th Streets.

Redevelopment Purpose:
To retain and expand business and ensure San Pedro as a fully employed community.

Contact:
For more information about this program, please contact:
      Staff Member Name
      Staff Member Telephone Number
      Staff Member e-mail address