Long overlooked and neglected, a 30-mile stretch along the Golden State Freeway is now turning heads for its sizzling, economic development potential. The I-5 corridor, spanning from Glendale through Santa Clarita, could become the region’s promised land - sculpted into a vibrant cluster of biomedical, entertainment, technology and business service sectors, San Fernando Valley officials say according to the Daily News.
And key to broadened economic prosperity in the region will be creating a collaborative and comprehensive strategic plan targeting the corridor for smart development, according to a report released today by the Mulholland Institute, a San Fernando Valley-based public policy center.
“It’s the only place where we have available land left,” said Bruce Ackerman, president of the Economic Alliance of the San Fernando Valley, a sponsor of the report.
“It’s begging to have revitalization. It’s begging to have attention paid to it.”
Economists and officials from jurisdictions along the corridor are scheduled today to strategize on plans to help the area achieve its potential.
Read it here: I-5 Corridor
Comments
1 · as published