City Of Mission Viejo: Setting The Record Straight About Proposed Economic Revitalization To Our Downtown And Core Area Vision Plan

Press release from the City of Mission Viejo:

September 14, 2021

As the City has reported, Mission Viejo is proactively and uniquely working to address the economic fallout from the pandemic by considering the opportunity for economic revitalization to the downtown that will benefit this community for generations to come.   

The City Council tonight (Sept. 14) will consider investing in the downtown area by negotiating the purchase of the Stein Mart site on Marguerite Parkway through bond financing. This area is part of the Core Area Vision Plan, the community-based dynamic design for the City’s Downtown Core area that was approved by the City in 2017.  

To be clear, the proposed bond financing under consideration tonight to fund the Stein Mart property purchase as a step toward the much-needed redevelopment of our downtown core does not include a plan for the elimination of any current City programs and services. While the City’s Agenda Report mentions the reduction and elimination of some subsidies, the City is proposing to redirect and replace funding with the least impact to current service levels of programming. You can find detailed information in the City Council Agenda Packet.

The meeting starts at 6 pm in the Council Chamber at 200 Civic Center. If you cannot attend, please tune in at this link or watch on Cox Channel 30 or AT&T U-verse Channel 99.

For any questions, call 949-207-5331 or email hello@envisionmissionviejo.com or visit https://envisionmissionviejo.com. To stay apprised of the latest news and information from the City of Mission Viejo, sign up for the City’s eNewsletter and follow the City’s official social media sites.

This press release was produced by the City of Mission Viejo. The views expressed here are the author’s own.