Printer Friendly
The Free Library
14,678,926 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Likely Passage of BID Could Bring Benefits to Chinatown.


As the Aug. 15 deadline for voting draws near, proponents of a plan to create a business improvement district in Chinatown believe the measure is increasingly likely to pass.

"I'm pretty confident, and so are the merchants, that the votes are there to win," said Marco LiMandri, principal of New City America, a consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 on BIDs that is handling the proposal.

If passed, the BID would be the first effort of its kind in a Chinese ethnic neighborhood in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. .

The Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  Chinese Business Council (CBC (1) (Cell Broadcast Center) See cell broadcast.

(2) (Cipher Block Chaining) In cryptography, a mode of operation that combines the ciphertext of one block with the plaintext of the next block.
) and the Chinese Chamber of Commerce have asked property owners to approve a contract that would provide for clean and safe streets, beautification beau·ti·fy  
tr. & intr.v. beau·ti·fied, beau·ti·fy·ing, beau·ti·fies
To make or become beautiful.



beau
, and marketing campaigns to revitalize re·vi·tal·ize  
tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es
To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy.
 the 24-block Chinatown area. Approximately 200 bilingual petitions were distributed to area business owners asking if they would participate.

Heavy-hitting backers

The BID has the support of City Councilman Mike Hernandez, whose district includes Chinatown, and Councilwoman Jackie Goldberg Jackie Goldberg (born June 16, 1937) is an American politician and teacher, and a member of the Democratic Party. She is a former member of the California State Assembly. , who is running for the local Assembly seat. It has been guided by an all-volunteer advisory committee enlisted by the CBC that is made up of such civic heavyweights as philanthropist Caroline Ahmanson, Gayle Garner Roski (wife of high-profile developer Ed Roski Jr.), and Pacific Asian Museum Director David Kamansky.

The BID proposal was driven by a sentiment that the neighborhood is living through hard times and something needs to be done.

"We need to get our Chinatown back to where it was in the '50s and '60s. We need to make it clean and safe, and a place where people want to come. Otherwise we're dead," said Roland SooHoo, a member of Chinatown Corp., the owner of Central Plaza, mixed-use complex in the heart of the neighborhood.

SooHoo says a number of developments have brought new energy to Chinatown, including an influx of art galleries over the past two years, a change of ownership at the vacancy-riddled Bamboo Plaza, the coming construction of a Pasadena Blue Line Metro Rail station and Laeroc Partners' plans for a luxury hotel, eatery, and cultural center on the former Little Joe's Restaurant site.

LiMandri pointed to China's probable designation as a favored trading partner as another positive for the area. "As Chinese capital looks to concentrate in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , where does it put its base?" he asked. "If Chinatown can capture a lot of that business, it can do some tremendous things."

LiMandri, whose San Diego-based firm specializes in BID proposals for ethnic neighborhoods, confirmed that the process has not come without opposition or acrimony ac·ri·mo·ny  
n.
Bitter, sharp animosity, especially as exhibited in speech or behavior.



[Latin crim
.

"There are tremendous social forces in Chinatown," he said, adding that the community is organized differently than any other ethnic group he's worked with. "It has family associations, and understanding that dynamic was one of the biggest challengers."

These family associations are as old as Chinatown itself. Many own property that is noncommercial, and these families are not thrilled with the assessment necessary to finance a BID, said Holly Barnhill, marketing director for the CBC.

The proposal calls for an assessment of $1.2 million each year for 10 years, with each property owner assessed according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the property's value, the income it generates, and other characteristics.

Barnhill said there is a sentiment that many of the BID proponents are outsiders, even speculators, with little history in Chinatown.

"There was a sense that BID proponents didn't go through the normal channels in trying to get it approved," she said. "They ran a grassroots campaign rather than address the association elders."

SooHoo, whose great-grandfather Peter help found Central Plaza, dismisses such criticisms. "These people are demonstrating a true commitment with their time and money," he said, referring to BID supporters like Ahmanson and Roski. "Their hearts are in the right place. I wouldn't put the legacy of Peter SooHoo up for sale."

A controversial project

Some of the neighborhood conflicts have crystallized crys·tal·lize also crys·tal·ize  
v. crys·tal·lized also crys·tal·ized, crys·tal·liz·ing also crys·tal·iz·ing, crys·tal·liz·es also crys·tal·iz·es

v.tr.
1.
 in a battle over the future of the Cornfield parcel north of Chinatown. Ed Roski's Majestic Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 has proposed development of a light-industrial warehouse complex. That proposal has split Chinatown between those who feel the project would bring much-needed jobs and money, and others who want the land to be used to address a shortage of schools, parks and housing.

The project got a big boost last week when it was approved by the Central Area Planning Commission Noun 1. planning commission - a commission delegated to propose plans for future activities and developments
commission, committee - a special group delegated to consider some matter; "a committee is a group that keeps minutes and loses hours" - Milton Berle
. Construction of the $80 million complex could start by the end of the year, unless it is delayed in court.

Chin said the Cornfield issue raises so much emotion because the parcel is perceived as a last opportunity for Chinatown's expansion. The land touches the L.A. River at a certain point, so it is also on the agendas of environmental groups.

"There's so much activity going on in Chinatown," concluded LiMandri, "and the broad base of property owners have decided to respond to all the forces acting upon the area. Places like Chinatown have an ethnic history and charm that can't be reproduced. BIDS are key to taking advantage of that."
COPYRIGHT 2000 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:business improvement district
Comment:Likely Passage of BID Could Bring Benefits to Chinatown.(business improvement district)
Author:SICILIANO, STEPHEN
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jul 31, 2000
Words:830
Previous Article:Playa Vista Jobs Effort May Be Model for More Projects.(Brief Article)
Next Article:Trade Boom Fuels Strong Economic Forecast for L.A.(Brief Article)(Statistical Data Included)
Topics:



Related Articles
Owners bring back 'a bit of the old days.' (business improvement districts)
Feeding the debt monster. (Los Angeles, California; debt servicing) (Special Report: Downtown)
Do-it-yourself revivals sweep L.A.(Special Report: The BID Boom)
Ten local communities rejuvenated by assessments. (Los Angeles County, CA)(Special Report: The BID Boom)
More than 30 L.A. communities are working to establish BIDs. (planned business improvement districts at Los Angeles County, CA)(Special Report: The...
Special taxes to spruce up shopping districts had Roman origins. (Los Angeles, CA)(Special Report: The BID Boom)
For business to thrive, local government must play a supporting role.(Special Report: The BID Boom)
Chinatown BID Approved.(business improvement district)(Brief Article)(Statistical Data Included)
Despite Industry Changes, Fashion District Nearly Full.(Brief Article)
Business improvement districts. (The List).(ranked by 2001 budget)(Directory)(Illustration)(Statistical Data Included)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles