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AUG � � INFORMATION
<br /> Essential Information For Downtown Revitalization ` ° Vol. 51, No. 17 • September 1, 2004
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<br /> Trends, Analyses & Commentary City may lower facade
<br /> mini What can downtowns learn from newly
<br /> loan rate '��
<br /> '
<br /> "? The City of Aberdeen, ,
<br /> emerging "lifestyle centers"? rdeen,(pop. 16,460), administer-/,"
<br /> What are the so-called "life- lifestyle centers are always chang Good Neighbors Revolv'`
<br /> style centers"?Why are they a ing, catering to people's evolving Loan Fund that make to
<br /> rising retail trend, and what can and fickle tastes and their interest $5,000 per lot, paya '
<br /> downtowns learn from them? in having places to visit, shop and three years at thre- cent
<br /> Privately developed and in recreate," says. interest, available 9, :own
<br /> Gordon sa s. He likens �
<br /> town businesse ,;: improve
<br /> many ways resembling downtowns their rise to "supermarkets growing ,
<br /> their buildings' R,'.-des.
<br /> —with a mix of retail, services, to accommodate more services, Pir
<br /> In conjunc , with a pro-
<br /> and residential—lifestyle centers becoming centers in themselves." '
<br /> y gram of dow,p, n improve
<br /> are a market driven evolution of So a basic lesson is that,like
<br /> ments,says,,,/ . Scott, planning
<br /> 0 malls and suburban shopping cen- malls, supe�inarkets, and any other s/f
<br /> kind of retail and entertainment and devel., ent manager for
<br /> ters, says Peter Gordon, University city, , are also looking at
<br /> the ci " '
<br /> of Southern California professor of activity center, downtowns must be ` "
<br /> p making, ,rovements to this
<br /> economics and planning, and co responsive to consumers'changing
<br /> tastes. "Change should not be seen loan p am, such as lowering
<br /> author of The Voluntary City. g the i st rate to two percent,
<br /> "The conspicuously named /A
<br /> ,
<br /> p� y (Continued on page 2) in o�� to make it more entic-
<br /> in•. ' business owners. Since
<br /> Case Study tr ity is taking a stake in revi-
<br /> Live/work lofts adjacent to transit ing downtown, the busk
<br /> introduced to downtown in "the OC" sses might step up and start
<br /> proving their buildings."
<br /> ontact:Lisa Scott, City of
<br /> %° Aberdeen, (360)537-3238,
<br /> Santiago Street Lofts, located DiRienzo, about ors make Iscott @aberdeeninfo.com.
<br /> across from the Santa Ana, CA a location • or a transit vil-
<br /> _ '411‘141'.< V(p 0 p 338,000), train depot, recentl y la e, turnkey appeal to PStd
<br /> ,S ,, -
<br /> broke ground as a joint venture of a home-business entrepre- �r,r,
<br /> developers Lennar South Coast and , s, and how a city's willingness a't 'des, e °' �'
<br /> Urban+West+Strategies. It is . - to change zoning supports redevel- ,71...- "e sawn - r 3 if
<br /> breaking ground in a plan • °e opment. E.,e R e±o' ' town s!r_
<br /> for Southern Califord- s the ",agar robe ®1[ntee�".
<br /> 4 �
<br /> first transit-orien = ork loft Downtown activity begets ;� � � ������ . f ��•m a�, `hin t g s4,
<br /> community •. :.e County. redevelopment onct it'':',- omtm r
<br /> Do dea Exchange re '�`_ emu
<br /> g The Santiago Street Lofts live/ train station
<br /> al cen e with one of the transit `-f' �
<br /> work village location was chosen Streetscape inolu�de nder f
<br /> s co developers, Urban+ grouni3 -:-berdu v -ve-� 8 ,`
<br /> st+Strategies president David (Continued on page 4)
<br /> �ib du ." :fin' ° -. -ia";
<br /> ©2004 Alexander Communications Group,Inc.All rights reserved.
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