Annual Report
1998
Economic
CoRE Reactivated | New Shops,
Theater On-line | City Meets
Parking Needs
Sustaining a healthy economy is vital to
the quality of life our residents have come to depend on. And that means
maintaining a balance between community and visitor needs. The City is
always looking for new and creative ways to support local businesses and
commercial property owners while providing services and programs more
cost-effectively.
Looking Ahead
CoRE Reactivated
Strengthening bonds between our military
communities and the research, education and business assets in the greater
Monterey Bay region is what Project CoRE is all about.
Formed in 1993, the Coalition for Research and Education has helped ensure
the continued military presence and played a major role in keeping both the
Defense Language Institute Foreign Language Center and the Naval
Postgraduate School off base closure lists in 1993 and 1995.
Given the continued emphasis on research and higher education in our
regional economy and the high probability of future base closures, CoRE
members are being asked to gear up for a new wave of activity.
The goals for CoRE include: cultivating and expanding the “synergy” between
our many research, educational and training assets; creating public/private
partnerships; continuing to market the region as a center of excellence for
environmental, international and language studies; and actively
educating and gaining public support for the
unique capabilities of the institutions in the area.
Anyone interested in becoming involved in CoRE should call 646.3760,
or e-mail us at cohn@ci.monterey.ca.us.
New Shops,
Theater On-line
Strides at two key undeveloped properties
within the City look to bring a new hotel, theaters and more affordable
housing.
- Solutions Here for Cannery Row Eyesore Located on both sides of
Cannery Row between Prescott Street and the Monterey Bay Aquarium, the
proposed Cannery Row hotel development has approval to bring ina hotel,
retail shops and parking facilities.
A major developer of first-class hotels has been working with the Cannery
Row Company and the City to update the project and bring forward
development plans that will work to resolve community concerns and bring
completion to this unattractive site.
- Downtown to Get New Housing, Retail
New theaters, retail shops and housing are
coming to downtown as development continues at 330 Alvarado Street, the
City-owned C-21 site.
Last fiscal year, developer Barry Swenson Builders broke ground on the
Osio Plaza project located next to Bay Books and
across from the Marriott Hotel in a former City parking lot.
Scheduled for completion this fall/winter, the Plaza will bring a
six-screen theater, convention meeting space, retail shops and 29
affordable housing rental units for low- and moderate-income residents.
The project will also produce rental income, employment opportunities and
an economic stimulus to existing downtown businesses.
The housing units at Osio Plaza will be offered through a lottery drawing
in 1999.
Those interested in the lottery should watch for public announcements in
local media.
City Meets
Parking Needs
Juggling the City’s many parking needs,
we will continue our multi-faceted approach – public education, alternative
modes of visitor transportation and parking management programs – to
accommodate the needs of businesses, residents and visitors.
These efforts include the award-winning “Smart Parking in Monterey”
brochure; the popular Waterfront Area Visitor Express (WAVE) transportation
program; as well as a trial program for on-street employee parking for the
New Monterey Business District.
We are also working with New Monterey residents to expand residential
parking in their area to reduce the impact of visitor parking in their
neighborhoods.
For Monterey residents who use attendant staffed facilities, we offer a
program which allows residents to purchase a special permit entitling them
to a 50% discount at these parking areas.
Additionally, we recently installed new electronic meters which accept smart
parking cards. These cards, encoded with a computer chip, allow you to buy a
predetermined amount of parking time, in $25, $50 and $100 increments, for
use at these meters.
For further information on any of these parking programs, or if you have
parking related questions, please call 646.3953.
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