In a post-redevelopment California, creative and effective Economic Development strategies and projects are essential to the prosperity of cities, residents and businesses. With decades of experience Kosmont Companies designs and implements economic development strategies and projects. We have successfully assisted hundreds of public agencies to retain and expand local jobs, attract and retain businesses, select and structure public-private real estate projects, create special financing districts, and enhance land use plans (via General and Specific Plans) to include incentives that can attract private investment.
Urban Development & Downtown Revitalization
Cities are reimagining the viability of their aging downtowns and are seeking to create a sustainable center for their communities. People are seeking housing in and adjacent to city centers and many businesses prefer to be close to qualified workers. Long distance commutes based on lack of affordable housing located near job centers continues to be a concern for cities and counties. Kosmont works closely with public agencies and economic development associations in positioning and developing opportunity sites through private sector outreach, tenant attraction/retention programs and incentivized deal structures including public/private financing.