Communication from Cerritos Mayor, Frank Yokoyama
In the vibrant city of Cerritos, California, economic development is flourishing, with a focus on fostering business growth and enhancing community services. The city's dynamic business environment is anchored by significant retail, industrial, and entertainment establishments such as the Cerritos Center for the Performing Arts, its library and parks, Cerritos Auto Square, Cerritos Industrial Park, and numerous private businesses.
Recent initiatives have seen the welcome of new businesses like Da Vien coffee and TP Tea, with upcoming notable openings including 24 Hour Fitness and five new stores at Los Cerritos Center: Alo, Aritzia, Gorjana, Korheim, and Pop Mart. Tokyo Central/Marukai is also set to open this year at the Cerritos Towne Center.
Sales tax revenue, making up about one-third of the city's total revenues and over 40% of the General Fund, underscores the importance of ongoing business development to sustain city services and infrastructure.
The Cerritos City Council supports local businesses through strategic partnerships, economic development priorities, investment in infrastructure and connectivity, and enhanced public safety measures. The council actively seeks out new business partnerships, with a focus on attracting and retaining diverse businesses across retail, industrial, and service sectors.
The council is also investing in long-term infrastructure, including a $127,000 study to identify potential Metro rail station locations, aiming to position Cerritos for future transit-oriented development and regional rail connectivity. This effort is expected to enhance access and business opportunities for local enterprises.
Enhanced public safety measures, such as the installation of automated license plate recognition cameras and reduced law enforcement response times, help create a safe and appealing environment for businesses and residents.
The State of the City address will soon discuss these recent business growths, highlighting new partners and strategies that will impact the economy positively for years to come. Cerritos Mayor Frank Yokoyama invites residents to the State of the City to learn about recent projects and new initiatives.
Mayor Yokoyama takes pride in engaging with the community to provide quality services, and the State of the City is an annual event where positive impacts on residents and businesses are discussed. The City of Cerritos consists of unique and inspiring individuals, businesses, and services, making it a welcoming community for businesses and visitors.
For the latest updates on projects and initiatives impacting residents and the business community, consider subscribing to the Los Cerritos Community News via email. The City of Cerritos also features a Business Spotlight Program each month to highlight long-time businesses that have chosen Cerritos as their home.
In conclusion, the City of Cerritos is currently experiencing growth in its business sector, actively exploring new business opportunities and ensuring current businesses can prosper. The city's proactive approach to supporting economic growth and ensuring local businesses can thrive in a competitive environment makes it an attractive destination for businesses and residents alike.
- The Cerritos City Council invests in long-term infrastructure, such as a study to identify potential Metro rail station locations, aiming to attract more businesses and enhance access for local enterprises.
- With the arrival of new businesses like Da Vien coffee and TP Tea, as well as upcoming openings like 24 Hour Fitness and five stores at Los Cerritos Center, the city's economic development focus on fostering business growth is evident.
- The City of Cerritos supports its local businesses through strategic partnerships, community news announcements, and enhanced public safety measures, creating a safe and appealing environment that encourages business growth and prosperity.
