The Downtown Long Beach Business Scene

Downtown Long Beach has a vibrant business scene and has a friendly environment for aspiring entrepreneurs who wish to move there. Some of the top employers in the city include California State University, Boeing, United States Postal Service and Verizon.

Downtown Long Beach’s business scene is also made up of many healthcare professionals and retail owners, and the city has recently made efforts to develop a sustainable green economy with eco-friendly policies and advanced technology. For example, the Chamber of Commerce has a green council that promotes sustainable business methods and last year the city assigned certain neighborhoods in the downtown area bike-friendly zones. Businesses in these zones will give discounts to cyclists who visit those areas.

According to the Long Beach Business Journal, the economy downtown is expected to improve this year but will be a slow process. This is because of the state’s ongoing fiscal troubles that caused a decrease in important business projects throughout the state’s cities.

Another reason for the area’s slow economic recovery this year is because of a decline in trading partners with the state in recent years. In addition, Boeing laid off hundreds of its workers in the city last year. But overall, the town still has a good business scene despite these problems.

Because progressive attitudes always increase a city’s business reputation, it’s important to note that according to the LGBT-oriented magazine The Advocate, Long Beach was ranked #14 among the most gay-friendly cities in America. This is good news because the area has a strong gay community and this enables LGBT persons who want develop businesses to feel welcomed and comfortable while setting up shop.

Downtown Long Beach’s business scene is also made up of green jobs and examples of these include eco-friendly home furnishings manufacturers, solar panel and wind turbine manufacturers, natural health food businesses, online writing jobs, recycling companies, community gardens, fuel companies and nonprofit jobs which promote sustainable living in the city.

This California coastal city also has an Enterprise Zone Hiring Tax Program that offers tax credits to business owners in this city. According to the city’s website, businesses in Long Beach can save $37,000 in business taxes if they take advantage of this tax credit program and hire more workers each year. The tax credit also reduces businesses’ labor costs.

The one thing that’s missing from the growth of the downtown business climate is minority-owned businesses. While some minority-owned businesses currently exist in this area, there is more room for aspiring minority entrepreneurs to set up shop in downtown Long Beach. One good business idea for minorities is to open a Farmer’s market or a clothing store which includes primarily clothing that’s made from eco-friendly materials. There are also hundreds of other ideas the can help the revitalization of the downtown area.

San Diego’s Best Downtown Condos: The Legend Vs The Mark

The newly created Ballpark District in Downtown San Diego is quickly emerging as the newest hotspot to live in San Diego. Spurned from the development of the new San Diego Petco Baseball Park, home of The San Diego Padres, this newly formed neighborhood is comprised of hip restaurants, bars, shops, and a variety of condo developments.

We are frequently asked which condo building in the Ballpark District is the best. In order to answer that question, it is only appropriate to break the buildings into two separate and distinctive categories, low/mid rises and high rises. The balance of this article will focus on the “best” high rises, in the San Diego Downtown Real Estate Market. (For the purposes of this article, high rises are described as being 13 stories and above)

While the answer contained herein is completely subjective, Real Estate Agent Todd Deboer and Real Estate Broker Joe Marcotte, have discussed information gathered from current owners, renters, personal experiences, and interaction with on site management staff to qualify our findings. With that said, The Legend, built by Bosa Development Corp in 2007, and The Mark, built by Douglas Wilson in 2007, are a cut above the rest.

While both communities offer a high quality product, there are very distinct differences between them that are important to understand before making that all important decision to buy.

First, The Mark is located at 800 The Mark Lane, taking up a whole city block between 8th and 9th Ave. and between Market St. and Island Ave. The Mark is also the tallest residential tower in the Ballpark District and towers 33 stories above ground containing 233 high rise tower condos and 11 townhomes.

The modernistic exterior of The Mark is show cased with titanium looking skin that creates a very contemporary and clean look.

The interior of the units have a chic, urban industrial feel accentuated by exposed concrete in the units and common areas as well as large floor to ceiling windows.

The Mark has more than 30 floor plans to choose from, allowing a great deal of flexibility for buyers wanting a large variety. One bedroom units range from 739 sq. ft. to over 1000 sq. ft. and sell in the low $300Ks to the high $400Ks respectively. 2 bedrooms, 2 bath units start at 1126 sq. ft. and go up to 2011 sq. ft., prices ranging from the high $400ks to units over $2M.

All one bedrooms come with one parking space underground and some of the one bedrooms come with two parking spaces. Every 2 bedroom condo comes with 2 side-by-side parking spaces underground. The townhomes, located on the ground floor, create an interior courtyard affect accentuated by the very popular common area amenities. All of the Townhomes are 2 stories, 2 bedroom, 2 baths, 1585 sq. ft. and sell in the mid $500ks.

All units come with a separate storage locker and most units have balconies some of which are amongst the largest that downtown has to offer. However, at the time of this article, the HOA does not permit cooking grills of any kind. HOA fees are based on square footage and run from the mid $600/month to $800/month.

Condos at The Mark all feature granite counters, top of the line stainless steel appliances and upgraded, rich colored cabinetry. The flooring varies among the units from hardwood floors to tile and carpet. There is a vast array of view planes from units at The Mark ranging from courtyard and city views to the highly coveted and unparalleled ballpark and water views.

The Mark is an amenity rich community, featuring 24 hour security, concierge, on-site general manager, business conference room, state-of-the-art fitness center, resort-like grounds with pool, spa, barbeque grills, cabanas and a lawn area where you can find residents playing bocce ball or croquet during the day. The aforementioned Pool is considered the most energetic of all pools in the Downtown San Diego Real Estate Market due to its constant exposure to sunlight and its inviting surrounding and amenities.

The demographic at The Mark is very diverse, ranging from young professionals living downtown to those looking for a 2nd home or an ultimate retirement destination. The Mark’s convenient Ballpark District location allows residents to be close to the entertainment at Petco Park, and the night life of the world renowned Gaslamp Quarter.

From an investment standpoint, The Mark is a very popular place for prospective tenants to live. Rents for 1 bedrooms at The Mark start at about $1700/month and 2 bedrooms units start in the mid $2K range and move up accordingly from there depending on size and view.

The units located above the 12th floor on the southwest corner of the building have some of the most exclusive views to be found in the San Diego Condo Market. Residents in these units can experience a view of the game, San Diego Bay, and Downtown Skyline all within the confines of their units.

The Legend, built in 2007 by Bosa Development and located at 325 7th Ave. is one of the most popular high rise towers in all of downtown. It is the only high rise condominium tower in all of the United States built within the gates of a professional baseball park. This was accomplished by Bosa Development Corporation who bought the land directly from the Padres.

The Legend tower and townhomes total 178 individual condos and the tower covers 23 stories. The lavish amenities include: 24 hour security, concierge, pool/spa, sauna, steam room, men’s and women’s locker rooms and showers, and the ultimate common area amenity in all of downtown, and arguably anywhere in any city, is the 3200 sq. ft. rooftop deck located on top of the 7th floor of the mid-rise extension. This aforementioned party deck comes complete with unobstructed views into Petco Park during Padres games and all of the other exciting entertainment that comes to the stadium. This amazing entertainment area offers fire pits, flat screen TV’s, indoor and outdoor kitchens, and a state of the art central entertainment center. The luxury of moving back and forth from your owner’s condo to the party deck cannot be overstated. In reality, it’s better than having season tickets to the Padres!

The location of the Legend is ideal. Within a moment’s stroll of the front door are all of the new shops and restaurants in the newly emerging Ballpark District as well as the world renowned Gaslamp Quarter with all of its splendor and nightlife. The base of The Legend also contains commercial space occupied by a hip wine bar, Gastro Pub, and other desirable retail tenants.

The Legend consists of ten 1 bedrooms on lower floors and 2 bedroom, 2 bath units ranging from 927-1234 sq ft. priced from the high $400Ks to $700K. On the higher floors there are a limited number of penthouse units which are 2 bedrooms +den, 2.5 baths and are roughly 1500 sq. ft. There are also a number of townhomes surrounding the community which are 2 bedrooms + den, 2.5 baths, 3 stories, and approximately 1800 sq. ft.

All units come with a balcony and feature granite counters, stainless steel GE Monogram appliances and hardwood floors in the living areas. Buyers can decide on units with views of the city, San Diego Bay and the ocean, Petco Park and a combination of all three. Another thing to keep in mind when looking at Legend condos is that not all 2 bedrooms come with 2 parking spaces but they all at least have 1 parking space underground.

The demographic at The Legend is quite diverse, ranging from younger professionals living and working downtown to 2nd home residents looking for a fun and exciting get away.

1 bedroom units rent for approximately $2K/month and the 2 bedrooms range from the mid $2K range to well over $3K/month depending on the size and views of the unit.

As you can see, both The Mark and The Legend offer a very luxurious product conveniently located in the heart of the Ballpark District, Downtown San Diego’s most vibrant neighborhood. Although they do complement each other as being the two premier condominium high rise towers in the area, they are distinctive in style, price, and amenity packages.

The Best Places in Fort Worth to Do Business

Each area of Fort Worth offers something unique to business owners here is a short take on each business section.

Alliance – Alliance airport is one of the largest industrial and corporate aviation facilities in the world. As one can imagine having a business based near an airport provides a unique and exciting setting. From Circle T Ranch, a 2,500 acre mixed-use which provides a corporate campus, championship golf and gated golf community to Lone Star Crossing, designed as a retail and leisure destination and Alliance Airport itself, Alliance is a great place to do business.

Downtown Fort Worth – Historically downtown sections of a city were devoted to business and Ft. Worth is no exception however with the implementation of the Trinity River Vision Project business owners and residents will have one of the most unique downtown areas in the world. Adding additional pizzazz to downtown is Sundance Square which has combined living, dining, shopping and business into one home. Major corporations like Merrill Lynch, A. G. Edwards and D.R. Horton call Sundance Square home.

North Fort Worth – How much more historic can you get in the west than home to the Fort Worth Stockyards? The Stockyards were the last major stop for rest and supplies for the drovers heading longhorn cattle up the Chisholm Trail and the images that one can conjure up from that are still alive today. Many of the buildings in the Stockyards still have the old west fa├žade and thus offer business owners a wonderful look and feel that other cities just can’t match.

South Fort Worth – The Southside as it is known is on the rise. This exciting, eclectic and historic section of the city offers business owners an opportunity to be on the ground floor of it’s renaissance. There are dozens of restoration and new construction projects that are attracting new businesses and residents from around the world.

Southeast Fort Worth – With some of the best views of downton the Southeast section is also experiencing revitalization and an influx of new business and residents. Like much of the rest of the city Southeast Ft. Worth offers historic buildings, upscale restaurants and shopping as well as a diverse residential population.

West Fort Worth – From Lake Worth which is home to the City Park to Carswell Field home to Navel Air Station Joint Reserve Base, west Ft. Worth is unique to itself. Although you can find historic buildings and more traditional residential sections plenty of businesses have found success in this part of the city particularly those with ties to the military.

As you can see finding office space in Fort Worth that fits a business in both personality and amenities should not be hard to do and with the growth of the city and investment by the city to improve services and development, Ft. Worth Texas is one of the best places in the world to do business.