Exploring the empty spaces at Santa Monica’s 3rd Street Promenade
Vacancy Issues on Santa Monica’s Third Street Promenade While Third Street Promenade and Santa Monica Place are recognized as prime shopping destinations in the U.S., their current state tells a different story. The once-bustling areas are now marked by numerous empty storefronts. The Promenade is reportedly facing a 25% vacancy rate, though many visitors, like […]
Santa Monica’s Affluent Community to Announce ‘Fiscal Emergency’ Due to Payments for Sexual Abuse Claims
Santa Monica to Declare Fiscal Emergency This week, the Santa Monica City Council will consider declaring a “fiscal emergency,” a situation that has been exacerbated by the hundreds of millions of dollars spent on an ongoing sexual abuse lawsuit. The coastal city is grappling with severe challenges, including rising homelessness, crime rates, and a decline […]