Richmond hopes to revitalize blighted segments
Submitted by News Desk on Thu, 04/24/2008 - 10:00pm
Source:
MediaNews Group report
Richmond city officials are applying to the state to make a 20-square-mile chunk of land eligible for special benefits.
The area officials want to designate as a California Enterprise Zone covers most of the central and south parts of town, as well as portions of Hilltop and the Point Pinole peninsula. By offering incentives, officials hope to revitalize blighted industrial and commercial areas by drawing businesses that wouldn't otherwise relocate, thereby generating new jobs.
Richmond city officials are applying to the state to make a 20-square-mile chunk of land eligible for special benefits.
The area officials want to designate as a California Enterprise Zone covers most of the central and south parts of town, as well as portions of Hilltop and the Point Pinole peninsula. By offering incentives, officials hope to revitalize blighted industrial and commercial areas by drawing businesses that wouldn't otherwise relocate, thereby generating new jobs.
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