A vision nurtured got us here, but there is still work to do. Stay tuned as we build out and solidify our communities vision of what equitable, community serving retail can be.
From ROLLAND CURTIS GARDENS: EVALUATING TRANSIT ORIENTED DEVELOPMENT & COMMUNITY SERVING RETAIL pg 10
VISION T.R.U.S.T. South LA, in collaboration with community members, defined the vision for the retail during the initial planning process. During the process, participants identified a need to create training and wealth building opportunities in addition to economic opportunities for community members. At that time, community members crafted a vision for a commercial space that would promote “healthy living” as a top priority:
a fresh produce mart a do-it-yourself bike shop youth arts/mural programs senior activities health-oriented services a coffee shop a barber shop
The community’s vision can be achieved by supporting the development of small businesses or social enterprises that are created by local community members and occupy the retail component. The purpose of this section is to develop a proposal that will implement the community’s vision while mitigating any financial and operational challenges.
Transit oriented Communities and Community Serving retail.
· 1,500 Square Feet Location
· 7-year lease commitment preferred
· $150K in Tenant Improvements Credit
· $1.50 per square foot
· Triple Net Lease – tenant will pay their share of Insurance, maintenance and taxes