December 21, 2024 Breaking News, Latest News, and Videos

With a Quarter of Retail Spaces on Promenade Vacant, Arts & Entertainment District is Discussed as Revitalization Strategy

Santa Monica City Council discussed revitalization options for the Third Street Promenade

By Dolores Quintana

Over a quarter of the retail spaces on the Third Street Promenade are vacant, a troubling sign for what was once one of LA’s premier shopping destinations. At a recent Santa Monica City Council meeting, strategies were discussed on how to revitalize the area, including the potential establishment of an arts and entertainment district within the Promenade. 

During the Santa Monica City Council meeting on January 24, one of the last items raised on the agenda was a request from Mayor Pro Tem Lana Negrete and Councilmembers Christine Parra and Oscar de la Torre.

The request asked that City Manager David White set up a meeting with Downtown Santa Monica (DTSM), which, according to the DTSM website, is a private 501c(3) non-profit organization that works with the City of Santa Monica to manage services and operations in Downtown Santa Monica while promoting economic stability, growth and community life within this unique neighborhood and the stakeholders in the area. While DTSM also manages the Property-based Business Assessment District bounded by Ocean Avenue to the west, Wilshire Boulevard to the north, Lincoln Boulevard to the east and the Santa Monica Freeway to the south, the most important mission for the 501c is the revitalization of the Third Street Promenade area of Downtown Santa Monica. 

This discussion item was put to a voice vote and passed unanimously which will allow the issue to be added to a future city council agenda as an actionable item.

According to the Mayor Pro Tem and the councilmembers’ request, the focus of the meeting would be discussing and strategizing plans to revitalize the Third Street Promenade that would include the establishment of an arts and entertainment district in the 1200 block of the Promenade, expanding outdoor dining opportunities, promoting available spaces and developing opportunities, zoning code amendments, expand allowable uses and opportunities to partner DTSM with street performers. 

Mayor Pro Tem Negrete said that she did not mean to imply that such plans were not in the works already, but that she and the other council members felt that there needed to be a process put in place and that they wanted to state what they have been hearing from the community members who have spoken about on the issue especially since the occurrence of vacancies hasn’t stopped on the Promenade. 

“We want to bring everybody together to the table because we know there are separate meetings and separate groups that have different ideas so that we can really be innovative and do what we can as a city to make anything possible to get back our promenade as we move forward in this quest for economic recovery. We need to lean into this partnership to reinvest in the Promenade so we can continue to evolve and be the iconic destination that is beloved by Santa Monica residents and visitors from across the region and globe,” Negrete said. 

Negrete also said that all the options that were on the table like making the last block of the Promenade an entertainment block or lowering prices on rent to make the spaces more affordable. She wants to make sure that businesses are aware of that because she only recently learned that landlords were lowering prices and she realized that many businesses might not yet be aware of the opportunities that this represents for businesses to open in the space. 

Councilmember Christine Parra thanked staff and said that they want to continue to think outside of the box and knock down the barriers and really invigorate the Promenade. She added that she wants the city council to be the conduit to help bring new businesses into the Promenade and do it within the parameters of the law. She also stated that she would like to get regular updates on the progress and would give additional direction if needed. 

Councilmember de la Torre said that “We saw the airport presentation, we looked at it on an international scale, what’s working throughout other parts of the world. I think we need to do the same thing here with the Third Street Promenade; what’s working on a regional level, a national level and an international level and bring those best practices to the Promenade. 

The next council member to speak was Phil Brock who said, “I think, first, we need to think innovatively and act innovatively. And in this motion, we cannot forget the role of safety and cleanliness, of making sure that not the Promenade and that 1200 block feel safe, but the transit corridors and the walking corridors for our residents to that block be safe. Again, the Promenade is, first and foremost, for our residents. 

Over a quarter of the retail spaces on the promenade are currently vacant, however DTSM CEO Andrew Thomas is optimistic that a public-private partnership could help revitalize the Promenade. 

“Any vacancy on the Third Street Promenade is a concern, and the levels we are experiencing today are certainly higher than we’ve experienced in the recent past. However, the Promenade has had dips in the past and it has successfully reinvented itself thanks to the private-public partnership between our commercial property owners and the City of Santa Monica,” Thomas said.

in News
<>Related Posts

Three-Bedroom Bungalow on N Beirut Ave. Lists for $2.8M

December 20, 2024

December 20, 2024

A Refinished Chimney Adds a Classic Touch, While Updated Interior Doors Bring a Fresh, Modern Look A stylishly updated family...

(Video) At Vistamar School – Discover the way high school should be

December 19, 2024

December 19, 2024

Students achieve remarkable outcomes with our strong academics, small classes, andpersonalized approach. Our graduates don’t just attend college—they excel. Vistamar’sunique...

Malibu Prioritizes Safety Over Access in Pacific Coast Highway Improvements

December 19, 2024

December 19, 2024

Efforts to Enhance Safety, Following Fatal Accidents on PCH, Are Necessary In a press release, sent via email by Matt...

Film Review: September 5

December 19, 2024

December 19, 2024

FILM/ REVIEWSEPTEMBER 5Rated R95 Minutes Limited Release December 13th, Wide Release January 17th This film is a documentary-style look at...

 (Video) See What’s Cooking at Bob’s Market’s Hot Food Bar

December 19, 2024

December 19, 2024

Bob’s Market is Located at 1650 Ocean Park Blvd Bob’s Market is Located at 1650 Ocean Park Blvd. pic.twitter.com/3nJVLFZ4L8 —...

California Governor Declares State of Emergency Amid Bird Flu Outbreak in Dairy Cattle

December 18, 2024

December 18, 2024

Governor Newsom’s Action Expands the State’s Response to the H5N1 Virus Governor Gavin Newsom declared a State of Emergency today...

Fia Restaurant Honors Veterans with a Special Thanksgiving Lunch in Santa Monica

December 18, 2024

December 18, 2024

Chef Scott Erickson, a Former U.S. Marine, Leads Fia’s Efforts to Give Back This Thanksgiving, Fia Restaurant extended its commitment...

Santa Monica to Unveil Plaque Honoring Lloyd C. Allen, the City’s First Black Rec and Parks Commissioner

December 18, 2024

December 18, 2024

Allen Was Instrumental in the Creation of the Park Where the Plaque Will Be Displayed The city of Santa Monica...

Venice Beach’s Iconic “Declaration” Statue to Be Removed Within Months. There’s Still Time for a Patron to Save It

December 18, 2024

December 18, 2024

Declaration Is Now Months Away From Being Dismantled and Transferred to di Suvero’s Sculpture Park in Petaluma, CA. By Zach...

(Video) The Watermark at Beverly Hills Offers Boutique-Style Living for Seniors

December 17, 2024

December 17, 2024

For More Info, Go To Watermarkcommunities.com For More Info, Go To https://t.co/MYpWd0S4Gf pic.twitter.com/DvrpQInU5g — Santa Monica Mirror (@SMMirror) December 18,...

Best Christmas Dinners To Go and Very Special Christmas Treats for Your Holiday Celebration

December 17, 2024

December 17, 2024

Where to Order Some of the Most Delicious and Special Treats for Next Week Christmas is approaching soon and just...

AI-Powered Gym “Fred Fitness” to Debut in Santa Monica

December 17, 2024

December 17, 2024

Fred Fitness Is Part of a Broader Partnership With Clever Fit and Egym, Which Recently Secured $200 Million in Growth...

Red Flag Warning Issued for Malibu as Dangerous Fire Weather, Power Shutoffs Loom

December 17, 2024

December 17, 2024

Santa Ana Winds up to 60 MPH, Low Humidity, and Potential Power Outages Expected  A Red Flag Warning has been...

80 Firefighters Contain Brush Fire Near Murphy’s Ranch in Palisades

December 17, 2024

December 17, 2024

The Operation, Which Lasted Two Hours, Was Made Difficult with Rugged Terrain A small brush fire near Murphy’s Ranch in...

(Video) The Willows: 30 Years Going Strong

December 16, 2024

December 16, 2024

Founded in 1994, The Willows Community School, located in Culver City, California, is a Developmental Kindergarten through 8th grade non-profit, co-educational independent school...