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Check My Assignment!The first part of the assignment is to write an original case study on local economic development and discuss the role government played in the case. You must identify a case on a local economic development project in San Bernardino or Riverside County or in general, California as reported in newspapers, such as The Los Angeles Times, The Press-Enterprise, and The San Bernardino Sun, or from other media of your choice (i.e. MSN, CNN, FOX NEWS, etc.). Remember, a low-quality source, or insufficient information from your sources, will affect the quality of your grade for this assignment. YOU MUST PROVIDE LINKS FOR THE ARTICLES YOU USE.
Your case study should be approximately 750~1000 words long. Please note visual aids are part of the potential points for the assignment. In your case study, you should briefly describe the following:
Introduction to the Economic Development Case
Identify the role government played
The economic impact to the community
Analysis
Conclusion
My project is “anti-mall retail project,” in Riverside, CA (You have to use this)
- PA315Antil-mallHaixinHu.pptx
Riverside, California anti-mall retail project
Haixin Hu
February 6, 2019
PA 315
Professor Sharon Pierce
Main Content
Introduction
Identify the role government played
The economic impact to the community
Conclusion
Introduction
Riverside, California
which has sat vacant since 2007
Lot Size:Approximately 42,253 square feet
Total Building Area: 10,000 square feet
Historically a motel
similar to The Lab in Costa Mesa
Apparel
Drink & food
Hair Salon
Music & Art
Open on MON – THURS & SUN 10AM – 9PM, FRI & SAT 10AM – 10PM
IDENTIFY THE ROLE GOVERNMENT PLAYED
Identify the role government played
Promoter of business
According to Inlandempire.us,“The Riverside City Council voted unanimously tonight (8/14) to sell the 0.97-acre property at 1393 University Avenue to a local firm, Bailey California Properties LLC, for $210,000. ”
Provider of infrastructure
Service provider
THE economic impact to the community
total investment estimated at $4.5 million could generate more than $550,000 in sales taxes each year and another $6,300 in property taxes
reate 30 construction jobs and 97 full- and part-time jobs.
Economic Impact
Spark private investment and job growth across Riverside
Thousands of would-be customers are living and studying not even a half-mile away at UCR
Increase employment rate nearby
CONCLUSION
This is a very meaningful project
Providing a diverse venue for the local area
There is potential for success as it is close to the UCR. It will attract many local students.
The government officials at riverside are also very optimistic about this project, so it has been approved by the government to a certain extent.
Thank you!
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