Hollywood

Hollywood

Many New Business Open in Downtown Hollywood

Business is booming in historic Downtown Hollywood, where more than 20 new businesses have opened their doors in the past year.  According to the City of Hollywood CRA – Downtown District, there is bustling business and visitor activity Downtown – especially during evening hours – despite sluggish economic conditions.

“When malls, shopping centers and downtown districts across the nation are losing tenants,” said Downtown CRA Director, Neil Fritz, “it’s great to see Downtown Hollywood headed in the other direction.”

“Formerly vacant storefronts have been occupied by new and relocated businesses,” Fritz continued, “and we also have new retail space at the Radius Condominium that’s filling up.  We are way ahead of the game on Hollywood Boulevard, which probably has the highest occupancy rate in years.”

The newest members of Downtown Hollywood’s business community attribute its appeal to a number of factors including fair rents from landlords, a pro-business Downtown CRA and innovative customer incentive programs.  In addition, there are free ongoing events that bring large audiences to Downtown Hollywood, such as Funtastic Fridays for Kids, ArtWalk and the Dream Car Classic.

Leading the recent Downtown movement was Sage French Café & Oyster Bar, which opened at 2000 Harrison Street in late October 2008 and just seven months later was recognized as the “Best New Restaurant in Broward” in New Times Best of Broward-Palm Beach 2009.
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