On Monday, Lakewood leaders will engage in a full-throated discussion on the best course of action to take to get rid of the numerous boarded-up and decrepit commercial properties that are sprinkle…
, there are large empty buildings at the east end. A former Arby’s restaurant is boarded up and stripped of its signage.
When it comes to purchasing properties “that the free market can’t handle,” as a council memo puts it, Lakewood would use money from its Economic Development Fund, which is funded by the city’s occupancy tax at hotels and motels. The city would have to buy from a willing seller — “without the threat of condemnation” — and any resulting housing development would have to contain at least 20% affordable units.
And languishing properties are a big problem for Lakewood, said Tom Quinn, executive director of the Alameda Corridor Business Improvement District. A forlorn gas station at W. Alameda Avenue and Harlan Street, he said, has sat empty for at least five years. The east side of the now vacant and fenced-off Blue Sky Motel located at Jay St. and West Colfax Ave. on Friday, March 31, 2023, in Lakewood.
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