Economic Development

Atlantic/Garvey Hotel--one of three new hotel developments in the City. Tourism demand is at a post-recession high!
The new Courtyard by Marriott Hotel in Monterey Park.
East LA College serves as both the higher education center and top employer in Monterey Park.
Shoppers at Atlantic Times Square. Sales tax revenue is the second largest source of revenue for the City.
Monterey Park prides itself on its local parks and amenities.
The Monterey Park Market Place will be a large commercial center just off the 60 freeway.
The historic Spanish-style Jardin del Encanto (El Encanto) in Monterey Park dates back to the 1920s.
Care 1st Health Plan is Monterey Park's third largest employer.

What We Do

The Economic Development Division serves several functions. In keeping with our responsibility to market the City and attract, assist, and retain businesses, we :

help business owners navigate the business creation process,
conduct outreach within the business community to identify the needs and concerns of local business owners,
identify and create programs to assist local businesses,
locate underused commercial properties and work with owners and leasing agents to help them find the right tenants,
market and promote the City at networking events like the International Council of Shopping Centers conference to attract high-profile tenants,
manage the lease and sale of City-owned properties, and
act as liaison to the Business Improvement District.

Economic Development

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