The annual Economic Profile is the culmination of our quarterly DTLB Snapshot reports that provides investors, developers, and data seekers an overall outlook on DTLB’s economy. Due to the COVID-19 pandemic, DLBA was unable to produce the 2020 Economic Profile in spring of 2020.
Downtown Commercial Real Estate Market Reports
The DLBA is the leading site-selection data resource for Downtown Long Beach. Our quarterly reports highlight the most recent economic indicators available for Downtown Long Beach (DTLB).
Long Beach State of BIDs Report January 2022
This report highlights the local and collective impacts of Business Improvement Districts (BIDs) in the City of Long Beach. It is
intended to inform elected officials, civic leaders, BID managers, and the public about the ways BIDs enhance the physical,
economic, and social fabric of these commercial districts. Key findings and recommendations are provided to help guide the
BIDs and City moving forward.
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Downtown Long Beach Employment Report
In late 2016 the DLBA partnered with the City of Long Beach and Beacon Economics to provide the 1st economic bench-marking report highlighting Downtown Long Beach as the leading economic engine within the City of Long Beach and the region. Click on the link below for the report in its entirety.
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Future Housing Needs in the City of Long Beach 2040
The Long Beach Land Use Element was last updated in 1989. The City is currently in the process of updating the Land Use Element of its General Plan. The January 2018 proposed Land Use Element(LUE) along with the Urban Design Element Place Type and Heights Maps lay the foundation for future land use decisions over the next few decades, and are tasked with providing a roadmap for additional housing in the City, and in particular, expanded affordable housing options.
As with all jurisdictions in the SCAG (Southern California Association of Governments) Region, the City faces a housing mandate known as the Regional Housing Needs Assessment (RHNA). Based on the City’s evaluation of its RHNA and other housing-related mandates, the City estimates that it must build approximately 28,000 units by the year 2040.
The purpose of this study is to develop and present an independent analysis of the future housing needs of the City of Long Beach through the year 2040. Beacon Economics proposes to conduct an analysis of projected housing needs that will be based on a combination of existing data and projections, plus its own forecasting models of the economy, local industries, demographics, and housing.