08/29/2024 | Press release | Distributed by Public on 08/29/2024 10:59
City of Long Beach
Public Information Office
411 W. Ocean Blvd,
Long Beach, CA 90802
Long Beach, CA - As part of the ongoing effort to expand the City of Long Beach's business resources portfolio, the Economic Development Department has launched the Long Beach Vacancy to Vibrancy Real Estate Map, an interactive mapping tool where business owners, entrepreneurs and prospective businesses can access data on real estate available for lease or purchase throughout Long Beach. Now available at longbeach.gov/vacancytovibrancy, the complimentary tool provides entrepreneurs and business owners with information to find the most suitable space for their business needs.
"Finding the right place to establish your business is key to long-term success for both new and established entrepreneurs," said Mayor Rex Richardson. "The new map tool offers an innovative way to showcase the many great opportunities available for businesses across our vibrant and diverse neighborhood marketplaces."
The map's easy-to-navigate interface encourages business owners and entrepreneurs to engage in strategic decision-making and simplifies the way users can identify potential sites that offer prospects for economic growth for their business. Users can explore available listings by clicking on the interactive map to review site specific details, including location, description and intended use of space; or by using the filter or keyword feature to search by listing type, property type, square footage and more.
The platform will support local businesses in their ventures by providing easy access to valuable data, such as local, commercial real estate listings and more detailed information on specific regions of interest, such as business improvement districts (BIDs). BIDs are privately directed but publicly sanctioned organizations that supplement public services in different areas of the city. There are 10 BIDs within Long Beach. The City supports BIDs as a tool for strengthening small businesses, creating and retaining jobs, improving quality of life and revitalizing commercial corridors. The city's BIDs have received training to utilize and update the platform to easily identify leasing and for sale spaces that meet the specifications of individual entrepreneur and business needs within each respective district. BIDs are also able to upload spaces for lease and sale into the platform to help ensure a comprehensive list of available real estate. The tool will be updated with new data on a weekly basis.
The platform and real estate data, powered by Ginkgo and Resimplifi, can be paired with the robust business analytics data already available through the City's Small Business Insights tool to provide further insights on local market conditions and areas that have potential for business development within the community. With access to this information, business owners have additional resources to inform data-driven decisions and identify opportunities for growth and success within the city.
"The new Vacancy to Vibrancy map streamlines access to valuable real estate data that we strongly believe will help foster business advancement and promote a more robust economy," said Economic Development Department Director Bo Martinez. "We hope that everyone, including investors, entrepreneurs, real estate professionals and residents, will take advantage of this beneficial new tool and all that Long Beach has to offer as a vibrant business community."
The City encourages business owners and entrepreneurs interested in establishing or expanding their business in Long Beach to explore the new mapping tool. For questions or assistance with using the tool, businesses may call 562.570.4BIZ (4249) or email [email protected]. Information about additional business resources can be found on the Economic Development Department's webpage at longbeach.gov/ed.
About the City of Long Beach
Long Beach is nestled along the Southern California coast and home to approximately 466,000 people. As an award-winning full-service charter city, Long Beach offers the amenities of a metropolitan city while maintaining a strong sense of individual and diverse neighborhoods, culture and community. With a bustling downtown and over six miles of scenic beaches, Long Beach is a renowned tourist and business destination and home to the iconic Queen Mary, nationally recognized Aquarium of the Pacific and Long Beach Airport, award-winning Long Beach Convention and Entertainment Center and world-class Port of Long Beach.
For more information about the City of Long Beach, visit longbeach.gov/. Follow us on social to keep up with the latest news: Facebook, X, Instagram and YouTube. For more information about the Long Beach Economic Development Department, visit longbeach.gov/ed, follow on Facebook, X and Instagram. Stay up to date on business news by signing up for the City's Business Brief.