While downtown Los Angeles is still in the midst of its renaissance, a new Central City East Planning Study details the physical and financial struggles facing the Industrial District and lays out some possible solutions.
The Los Angeles Downtown News reported Monday that much work needs to be done to improve the area’s economic prospects and growing homelessness problem.
According to the paper, the Industrial District does not get much media coverage, yet many manufacturing and seafood businesses have been leaving for neighboring cities such as Vernon, which have more favorable tax rates.
The study also notes that the Industrial District’s 9 percent job growth rate since 2002 trails the 17 percent growth seen in downtown as a whole.
The Downtown News offered ideas to help alleviate these problems, such as focusing development on major east-west corridors such as Fourth or Sixth streets in order to bring in restaurants, shops and housing, while also preserving large industrial parcels.