Third Street Promenade’s occupancy map tracks all – Business News
A Santa Monica product designer is placing laborious numbers to what locals have long identified of their bones: almost three in 10 storefronts on the Third Street Promenade sit empty.
The designer constructed an interactive map monitoring occupancy alongside the hall, and the numbers aren’t fairly — 28.5% of storefronts are vacant, a bleak snapshot of a once-buzzing beachside buying strip that has been hollowing out for years. He didn’t reply to The Post’s requests for an interview.
The outside Santa Monica Mall, two blocks from the seashore, was bustling with consumers, however online buying and homelessness within the metropolis modified all that.
A screengrab from the Third Street Occupancy web site — gray dots show empty storefronts, inexperienced dots show lively leases and yellow dots are for companies which might be coming quickly. thirdstreetoccupancy.com
A Santa Monica product designer is placing laborious numbers to what locals have long identified of their bones: almost three in 10 storefronts on the Third Street Promenade sit empty. Photo Copyright John Chapple / instagram: @JohnChapple
The information has been revealed by The Post simply days after yet one more blow to the strip: The Misfit Bar and Restaurant, a softly-lit gastropub inside the town’s historic Clock Tower building, introduced it’s going to shutter this weekend after 15 years. You can view the map right here.
Elsewhere in Santa Monica, on Thursday The Britannia pub additionally introduced it will close sooner or later to make means for a Taco Bell Cantina, a lot to the dismay of locals.
Owner LGO Hospitality opted to not renew the lease, citing ongoing frustrations with the property — together with inconsistent building possession — in addition to a decline in foot site visitors and total circumstances.
The information has been revealed by The Post simply days after yet one more blow to the strip. CA Post/Corey Moss
Big retailers like Old Navy, Gap, H&M and AMC have already fled the realm, additional eroding the foot site visitors. Photo Copyright John Chapple / instagram: @JohnChapple
Big retailers like Old Navy, Gap, H&M and AMC have already fled the realm, additional eroding the foot site visitors that after made the promenade one of LA’s hottest buying locations.
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City officers have scrambled to reverse the slide. Santa Monica lately voted to increase an outside Entertainment Zone — or a mini Bourbon Street — permitting adults to drink outside alongside the promenade, and allotted $3 million in financial development funds to assist restaurant attraction incentives and business recruitment.
A big music competition deliberate for September can also be within the works, with organizers hoping to attract between 30,000 and 35,000 attendees.
But for locals watching storefronts go darkish one after the other, the temper is grim.
“I hate this so much,” one Redditor posted concerning the Misfit closure. “My fave bar in Santa Monica. Absolutely insane, there’s nothing left downtown.”
