New Business Ordinance For Malibu

by ritasimpson on March 30, 2012

in Community Information

City staff will begin preparing the broad outlines of an ordinance that could require local shopping centers to preserve part of their tenant space for businesses that serve residents rather than visitors.
This would be a retail diversification ordinance that would require shopping centers in Trancas, the Civic Center and possibly Point Dume to set aside a certain amount of tenant space for different commercial uses. It could potentially establish percentage requirements for types of businesses aimed at visitors, such as clothing stores, and those primarily catering to residents, such as cleaners.
Local landlords and many business people were opposed to any such ordinance, arguing it would make it more difficult to fill their vacancies in an already difficult economy.
The council voted to direct staff to begin preparing an ordinance that could then be debated at the Zoning Ordinance Revisions and Enforcement Subcommittee (ZORACES), and later by the Planning Commission.
The council recommended the inclusion of a limit of 20 percent for the amount of a shopping center?s tenants that are national chain stores.
Under the proposed ordinance, banks, grocery chains and offices for architectural and law firms, among other business offices, would not be part of the limit on chain stores.

This is an exerpt from the Malibu Times article by  Knowles Adkisson / Associate Editor read full article

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