The only reason for it is because the landlords can. They have not increases to them of this nature but are just out for extra money. There used to be many more events along this stretch of road to bring in customers including a big holiday celebration at the start of the season. It was paid for by a $0.17 increase in the business owners tax. Seventeen cents! When it came up for a vote to renew the building owners turned it down. so the business owners struggled to put together the funds to have a much smaller but at least family friendly and fun time for the families on the Blvd. Of course, on the night of the event you can find the Mayor and the rest of the unhelpful city council strutting about during the event as if they had something to do with it other than being continuous obstructionists and pro building owner mouthpieces. Below is the letter from local resident Jamie O'Brien Moore as it appeared in today's MyBurbank.com. You can also scroll all the way down to the first post in this thread to see my original post a few weeks ago.
Please leave your comments after reading.Letter To The Editor: Save Magnolia Park!By Staff On April 16, 2018
TweetLetter to the Editor:
City of Burbank government officials and Burbank residents, we are now in danger of losing a local treasure – Magnolia Park.
The charm and success of Magnolia Boulevard in Magnolia Park is due to the local “Mom and Pop” shops that form the Magnolia Boulevard Merchants Association. Since 2012, they’ve worked hard to make Magnolia Park a destination to shop, eat, and play. They created a neighborhood marketing campaign and hold events like “Ladies and Gents Night Out” and “Holiday in the Park” – all paid for from their own profits.
However, when you speak with the owners of these locally owned shops you’ll learn that over the next year or two we will face a mass exodus. It’s already started –for instance, we’ve just lost Creature Features. Why? The landlords see this success and are now astronomically raising rents – sometimes in the thousands a month – and these independent shops can’t afford such an increase.
These are the same landlords who voted to disband their own Magnolia Park Partnership in 2011 just to stop paying an up to $0.17 cents per square foot fee toward marketing and events. They now want to reap the fruits of others labor.
Don’t these landlords know they are killing the goose that laid the golden egg? Is there something we can do, either legislative or just as a community, to help keep these shops from having to move and stop Magnolia Boulevard going the way of Melrose Avenue?
SAVE MAGNOLIA PARK!
Jamie O’Brien Moore