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Remaking A City Center

Posted by: Chris Steins
Thanks to: Chris Steins
23 July 2004 - 5:00am

Southern California's Inland Empire city of Ontario moves to remake its civic center.

"The burgeoning Inland Empire city of Ontario, California, has joined the growing list of Golden State towns seeking to revamp their downtown areas. City officials are in negotiations with Los Angeles developer J.H. Snyder Company on the creation of a $200 million mixed-use district in the heart of Ontario's civic center.Covering 12 city blocks, the new district would contain new housing, office space, entertainment and shopping, arranged in a square doughnut around Ontario City Hall and a new library already under construction."

Full Story: Tackling Blocks In Ontario
Source: The Slatin Report, July 21, 2004
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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