Dear Valued Members and Partners in CRE Investment,
Register now and join us to share your recommendations on how the City of Long Beach Economic Development Commission can address long-time vacant commercial properties.
No new CRE taxes!
Request: Attend and provide a verbal and written statement to the commission that includes your recommendations on what the City can do to address long-time vacant commercial properties.
The Economic Development Commission and City of Long Beach need to first address the challenges of leasing long-time vacant commercial properties space to business owners, as an example via:
- Implement relaxed standards in zoning code for parking and density for restaurants and other desired uses
- Accepting additional business uses
- Make additional quality of life services available to individuals that may be experiencing homelessness around vacant CRE properties
In the Council Districts making this motion we find there are multiple business owners ready to lease long-time vacant commercial property only to find the use isn't permitted by the City, or parking requirements are out of line with what the business and property owner can provide.
Topic: On May 7, 2019, the City Council of the City of Long Beach requested that the City Manager work with the City’s Economic Development Commission to evaluate the feasibility of the City of Long Beach implementing a “Vacant Commercial Property Fee Program” to address long-time vacant commercial properties. Such a program would provide a financial disincentive or penalties to property owners who let their properties or storefronts sit vacant for long periods of time. Similar programs have been adopted in cities such as Washington DC, New York, Boston, Oakland, and San Francisco.
On Tuesday July 30, 2019 at 4:00 pm, the Economic Development Commission of the City of Long Beach will be evaluating the feasibility a “Vacant Commercial Property Fee Program”. The meeting will be held in the new Long Beach City Hall (411 W. Ocean Boulevard). City staff will be providing the commission with an overview presentation and there will be an opportunity for public comment. The Economic Development Commission would like to hear your input regarding this issue, as they deliberate on this issue and provide a policy recommendation back to City Council.
Please contact Robert Mossler, Administrative Analyst, at (562) 570-5503 with any questions.
About the City of Long Beach Economic Development Commission:
Advises the Mayor and City Council on matters relating to local businesses and economic issues such as growth patterns and programs to better serve the community.
Date: Tuesday, July 30
The New Long Beach City Hall located at 411 W. OCEAN BOULEVARD, 10TH FLOOR CONFERENCE RM
The City of Long Beach Economic Development Commission meeting is FREE to attend.
The Long Beach City Council's request document may be found by clicking here.
The Long Beach City Economic Development Commission meeting agenda may be found by clicking here.
Agenda item #6: Receive and file an update regarding the City Council request for the City Manager to work with relevant departments and the Economic Development Commission to review the feasibility of the City of Long Beach implementing a vacant commercial property fee to address long-time vacant commercial properties, and report back to the City Council within 120 days on findings and recommendations.
About Us: The Long Beach Commercial Real Estate Council provides strong advocacy, education, and business opportunities through a powerful Long Beach & South Bay based network. Since 1992 our members' participation and dedication have led us to become the leading organization for developers, CRE brokerage, construction, lending, title & escrow, local government, owners and investors of office, industrial, retail and mixed-use real estate in the greater Long Beach and South Bay area.