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Whittier Commercial Real Estate
Economic Outlook

The City and Redevelopment Agency are busy working towards the residential and commercial revitalization of the Whittier community. In the Uptown area, along Greenleaf Avenue, a $7 million rehabilitation of the historic Hoover Hotel was completed in 2001. This rehabilitation provided 50 senior apartments. This project was funded by low income tax credits, grants, and HOME and tax increment funds. Additionally, a new six-unit, single-family residential housing project was completed on Penn Street at Union Avenue. The Redevelopment Agency sold the property at a subsidized rate to a developer for the project. This project provided new homes for first time home buyers.

The Redevelopment Agency is also working towards the revitalization of Whittier Boulevard. A 480 acre Redevelopment Project Area was adopted on March 26, 2002. The adoption of the "Whittier Commercial Corridor" project area provided the redevelopment tools necessary for economic stimulus for Whittier Boulevard, Whittier's commercial corridor.

In addition to the project area, the City is spear-heading the economic revitalization of Whittier's commercial corridor by adopting a Master Plan for Whittier Boulevard. The urban design firm of Freedman, Tung, and Bottomly was hired by the City to work with the community on the development of design standards for the Boulevard. The Master Plan adopted by the City Council in June 2005 distinguishes the 7th mile Boulevard by design districts: the Gateway Segment; the Workplace District; the Shopping Cluster; the Auto Sales Center; and the Neighborhood Spine.

Community economic development groups, with the help and coordination of City staff, are working towards the synchronization of economic development recruitment activities. This coordination would provide for an opportunity for Whittier's deal makers to work together in recruiting new economic activities for the City.

The Chamber of Commerce also plays an active role in working with the City to promote Whittier to retailers, office users, and other businesses.
The City of Whittier acknowledges its rich heritage as a community that is based upon respect for the worth and dignity of its citizens. A growing, dynamic and diverse community, it searches for ways of involving its citizens in programs and activities that inspire a sense of personal responsibility and pride. Both private and governmental initiatives offer opportunities for service that create the conditions necessary for harmony, cooperation between members of the community, civic renewal and improvement for the quality of life.
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