Mike Madriaga 9:30 a.m., Nov. 23
Is Chula Vista's Economy on the Rebound?
The recession has taken its toll on Chula Vista in more ways than a glut of foreclosures. Recently, the women's apparel store, Chico's, went out of business in Otay Ranch Town Center.
Last year, Otay Ranch also lost the upscale Mexican restaurant Frida's and in 2011, the city experienced a series of restaurant chain closures which included: The Brigantine, El Torito, and Anthony's Fish Grotto.
Between May 2006 and November 2011, according to a public record request, the city laid off 233 employees and 73 employees retired and were not replaced.
However, recent signs of economic revitalization are noticeable on the westside. The Village Cremation Service and AutoZone have opened and a Fresh and Easy is under construction.
A statement from city manager Jim Sandoval adds to the brighter picture: "We are seeing signs of the economy improving in Chula Vista.
"Our building permits are up, houses are selling, we're seeing a slight increase in sales tax revenues, we have new businesses and we have some important projects on the horizon that will transform our city.
"But, like other cities across the country, we need this economic momentum to keep going so we don't backslide and can sustain and improve our quality of life."
More like this:
- Chula Vista's Tourism Marketing District Director responds — Oct. 25, 2012
- Chula Vista council votes with hoteliers to scrap Tourism Marketing District — Oct. 24, 2012
- Chula Vista East Side's Mello-Roos Mess — Sept. 19, 2012
- Victors Write Chula Vista's History? Politicians Do — Dec. 7, 2011
- New Padres ownership raises conflict of interest questions for a CCDC board member — April 22, 2009