Civil Municipal - May 2024

“Arcadia is seeing an interesting change in mall or retail life,” Mayor Verlato remarks. “Trends show it’s moving more towards mixed-use, even within a traditional commercial space like a mall.” Arcadia stands out with its diverse mix of entertainment and retail offerings, making it an attractive destination for business growth. Demonstrating commitment to small businesses, Arcadia allocated $1 million towards supporting the vitality of local businesses during a challenging post- pandemic era. This investment was divided between two key initiatives: the Small Business Grant Program and the Permit Assistance Program. With $750,000 allocated to the Small Business Grant Program, small businesses received assistance in enhancing their physical spaces and upgrading signage, lighting, and furniture. Through the Permit Assistance Program, $250,000 supported local business expansions and new ventures by covering application and permit fees. The Chamber of Commerce’s role in promoting business growth and collaboration within Arcadia stands out. Initiatives like Prosper and Connect, a Chamber network conducted entirely in Mandarin, showcase Arcadia’s support of its diverse business community, fostering networking opportunities and connection. This inclusive approach to business development mirrors Arcadia’s commitment to creating an environment where businesses of all sizes and backgrounds can flourish. 31 CIVIL AND MUNICIPAL VOLUME 05, ISSUE 05 ARCADIA, CA