Mixed-use Projects To Reshape Downtown Riverside, CA

Mixed use comes to downtown Riverside (CA), with several housing, office and commercial projects scheduled to break ground in 2006.
December 19, 2005, 1pm PST | Chris Steins | @urbaninsight
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A handful of plans currently in the works will reshape downtown Riverside and, for the first time in a long time, include serious mixed-use development with an emphasis toward residential. The projects, which include a balanced mix of condos, townhomes, lofts, commercial and arts uses are expected to begin taking shape in 2006. Each will greatly add to the vibrancy of Riverside's historic core -- one of the few genuinely historic downtowns in Southern California.

"The city is using just $10 million in Redevelopment Agency money to spur an estimated $300 million in projects, said Councilman Dom Betro, whose ward includes downtown.

"I would say that is extraordinary leveraging," he said.

Thanks to G Edward Freeman

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Published on Saturday, December 17, 2005 in Riverside Press-Enterprise
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