*UPDATED* City of Long Beach to Host Westside Long Beach Economic and Market Study

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PRESS RELEASE

UPDATE: The below press release was updated on Friday, Jan. 10, 2025. The event highlighted in bold below has been postponed. Information regarding a new event date will be forthcoming. The event was originally slated to be held on Saturday, Jan. 11, 2025, from 10 to 11:30 a.m. at Silverado Park.

Long Beach, CA - The City of Long Beach Economic Development Department (Department) is inviting residents, businesses and stakeholders to learn about existing market conditions and provide input on potential strategies for growing economic development and boosting investment in West Long Beach.

"The City is committed to investing in West Long Beach, as part of our Westside Promise Initiative, supporting local businesses and creating new opportunities that will drive economic growth in the community," said Mayor Rex Richardson. "Residents and businesses are encouraged to attend this important presentation and learn how we can all work together to bring lasting, positive change and growth that will benefit the area for generations to come."

The event is scheduled for Saturday, Jan.11, 2025, from 10 to 11:30 a.m. at Silverado Park (1545 W. 31st St.). The presentation will discuss opportunities for reimagining existing properties in the area, revisiting housing as a revenue creator that supports local jobs and taking actionable implementation steps to attract and retain development opportunities. Information and resources from various City departments and opportunities for attendees to meet with and ask questions of City staff will also be available. Those interested in attending are requested to RSVP online. Live interpretation services will be available in Spanish and Khmer. Refreshments will be provided.

The market study was developed in direct response to the Long Beach City Council's direction to develop a plan and identify funding to conduct a market study including economic research and community outreach to attract investment and neighborhood serving uses to West Long Beach. The item was brought forward in May 2021 by Vice Mayor and Seventh District Councilmember Roberto Uranga and co-sponsored by Second District Councilwoman Cindy Allen, First District Councilwoman Mary Zendejas and previous Eighth District Councilmember Al Austin.

"We are creating a brighter future for residents and businesses of West Long Beach," said Vice Mayor and Seventh District Councilmember Roberto Uranga. "Together, we can shape a thriving and inclusive community with new businesses, jobs and resources for all in the westside."

The market study aligns with the City's Westside Promise, both of which will uplift West Long Beach. The Westside Promise is a 10-year community investment plan that is currently in Phase 2. It brings together existing City efforts and leverages partnerships to address current and historic challenges in the area.

For additional information about the event, contact Julian Cernuda, Business Development Bureau Manager, at [email protected]. To learn more about economic development in Long Beach, visit longbeach.gov/ED.

About the City of Long Beach
Long Beach is nestled along the Southern California coast and home to approximately 466,000 people. As an award-winning full-service charter city, Long Beach offers the amenities of a metropolitan city while maintaining a strong sense of individual and diverse neighborhoods, culture and community. With a bustling downtown and over six miles of scenic beaches, Long Beach is a renowned tourist and business destination and home to the iconic Queen Mary, nationally recognized Aquarium of the Pacific and Long Beach Airport, award-winning Long Beach Convention and Entertainment Center and world-class Port of Long Beach.

For more information about the City of Long Beach, visit longbeach.gov/. Follow us on social to keep up with the latest news: Facebook, X, Instagram and YouTube. For more information about the Long Beach Economic Development Department, visit longbeach.gov/ed, and follow on Facebook, X and Instagram. Stay up to date on business news by signing up for the City's Business Brief.

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