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0 -0.000493809742160722 -0.00211632746640318 0.000670170364361037 -3.52721244400229E-05 0.00211632746640338 0.00663115939473033 0.00564353991040888
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Downtown L.A. needs retail resuscitation. San Francisco's subsidized shops offer a solution [Los Angeles Times (CA)]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
San Francisco's Vacant to Vibrant program has helped revitalize downtown by offering free rent, grants and mentoring to small businesses opening pop-up shops. Downtown L.A. advocates want to adopt a similar program to subsidize retailers, fill vacant storefronts and revitalize the neighborhood's walkability as well as its restaurant scene. As much of downtown L.A. continues to feel dark and deserted, local businesses want the city to steal San Francisco's secret for firing up foot traffic. The tech mecca has slowly begun to emerge from one of the country's deepest declines in downtown retail, in part through a program that peppered the city with subsidized pop-up shops. The Vacant to Vibrant program turned abandoned spaces into bakeries, bookstores, cafes, chocolateries, galleries and other things. Local entrepreneurs were given grants and support from the city and charities, as well as months of free rent to set up shop. The idea is to leverage empty storefronts to build b Show less Read more
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