Community Development – HERO Project Area
Functions
This program was responsible for the implementation of the Community Development Commission’s (“CDC”) redevelopment and housing activities within the Historic Enhancement and Revitalization of Oxnard (“HERO”) Project Area. The primary function of the HERO Project Area was to retain and attract commercial and industrial development, and to improve public infrastructure and utilities.
Activities
2006 Tax Allocation Bond/ Street Reconstruction Project
- In FY 2006, the CDC approved a Tax Allocation Bond for the reconstruction of streets in the HERO Project Area. Proposed projects include: reconstruction of streets, and curb and gutter repairs.
RiverPark/Cabrillo Economic Development Corporation (“Cabrillo”) 140 Very & Extremely Low Income Rental Units
- The Cabrillo 140 low and extremely low income Paseo del Rio and Paseo Santa Clara rental units have been completed and their new occupants are moving in.
RiverPark Housing Delivery
- Over 96 affordable for-sale homes have been constructed and are occupied by low and moderate income households. Plans are being prepared for the development of another approximate 156 affordable for-sale units.
South Oxnard Median Improvements
- In June 2009 construction is to begin on the final phase of improving remaining 14 medians of the 57 medians in Saviers, Hueneme and Pleasant Valley Roads. Construction is scheduled for completion by September 2009.
HERO Façade and Paint Improvement Program
- Continue implementation of HERO Façade and Paint Improvement Program for properties located within specific program boundary areas defined as South Oxnard, Downtown, and Freeway Corridor. The program will assist commercial property owners/merchants in upgrading their buildings to create an attractive commercial office/retail environment.
Gateway Sign Program
- Twenty-six new wayfinding signs will be installed to assist Oxnard residents and visitors in finding Oxnard’s key places and points of interest.
- Upon approval by Caltrans, freeway pylon signs at Vineyard Avenue and Del Norte Boulevard will be installed.
- An entry street monument sign at Vineyard Avenue and Esplanade Drive will also be designed.
New Market-rate and Affordable Housing and Commercial Developments
- Oversight of new and proposed housing developments, including Courtyard at Mandalay Bay and The Village at Wagon Wheel OPA.
- RiverPark Owner Participation (OPA) and Development Agreements (DA) Implementation
- Monitor and assist with entitlements and ensuring OPA and DA compliance
Esplanade Shopping Center OPA
- OPA oversight and evaluation of annual CDC financial assistance
HERO Project Area Escaped Assessment
- Continue to follow-up with Special Legal Counsel regarding the outcome of the “Court Appeal,” filed on behalf of the CDC
Fry’s Electronics
- Oversee loan agreement with Quality Real Estate Management (QREM)/Fry’s Electronics
Community & Economic Development Department – (805) 385-7407