Sunday, April 11, 2010

Why Big Bear's Economic Development needs to be a Citizen Led Model

The Redevelopment Wheels are turning in Big Bear Lake and the opportunity for local businesses to prosper and grow are real. More and better jobs are key but growth must be balanced on our meeting economic goals reached for the folks who live and work in our community.

What might make sense for Big Bear might not be attractive to corporate developers and investors. What we need to avoid at any cost is repeating the same strategies other Resort Communities have implemented with negative results in categories other than bottom line results.

More on Vail's Public Relations Problems with it's locals from the Denver Post's Steve Raabe:

http://www.denverpost.com/ci_14857508

Friday, March 26, 2010

Public Transit: A Monorail from the Village to the Ski Resorts

As City Planners look to the future of Big Bear Lake, a not so new idea keeps minds whirling with visions of some sort of train/tram ride between the Village and the Ski Resorts (maybe as far as Bear Mountain).

It's not a great distance so costs won't likely be on the scale of Health Reform, and on busy weekends it would certainly make sense to get folks out of their cars (Big Bear Boulevard) and from here to there much more quickly than the 20-50 minutes it might take you to get from Northwoods Resort to Bear Mountain to pick up kids. And then back again. This one example equates to one Esclade on our streets for almost 2 hours to accommodate 1 or 2 snowboarders. You do the math. We would need 5 or 6 buses to get frequency to 10 minutes on busy weekends, but the trip is still 50 minutes. It's a no-go.

Frequency and convenience seem to be the key for optimum usage and profitability of public transportation whether its the MARTA bus or a state of the art monorail. The goal (I'm sure, and like many other public projects) would be to recoup costs for building the system from ridership and via whatever grants (government subsidies) could be secured for getting cars off the roads, green technology and increased tourism that generates tax revenues for the State.
There is no doubt that if maximum ridership were realized, there would be plentiful quality of life benefits for valley residents and significantly improve the mobility options for year round visitors as there surely won't be any more roads built to alleviate the heavy traffic we all endure during peak visitor days.
This type of solution combined with bike/pedestrian paths connecting Retail, Lodging, the Lake and Forest along with adequate parking for the successful use of these connections, should have a place at the top of the list for our future planning.

Monorails can be found in the following places in North America:

Walt Disney World in Orlando, Florida - The Walt Disney World Monorail System is one of the world's best-known monorail serves over five million passengers yearly. Disneyland in Anaheim, California - The Disneyland Monorail System is known as the "First daily operating Monorail system in the Western Hemisphere." Seattle, Washington - short monorail (Seattle Center Monorail) built for the Century 21 Exposition in 1962 Hershey, Pennsylvania - amusement monorail at Hersheypark. Lancaster, Pennsylvania - amusement monorail at Dutch Wonderland . Las Vegas, Nevada - public transit Memphis, Tennessee - a short monorail connects Mud Island in the Mississippi River to Memphis. Newark International Airport in Newark, New Jersey - people mover connecting terminals, parking lots, and to Amtrak/NJ Transit Northeast Corridor rail station Six Flags La Ronde in Montreal, Quebec - once part of a larger monorail systems built for Expo 67 Minnesota Zoo in Apple Valley, Minnesota San Diego Wild Animal Park near Escondido, California. It is the only monorail system in Hawaii. This a fully-operational, homebuilt, backyard monorail was constructed by monorail enthusiast, Kim Pedersen Dallas, Texas - Amusement ride at Dallas Zoo Miami MetroZoo, in Miami, Florida - Connects major exhibits at the zoo.

Criticism and comment about the Las Vegas Tram below:

Tuesday, February 16, 2010

Commercial Real Estate Market Woes are Plenty

In a recent Park City Record article, a commercial banker states that Nationally, commercial real estate values are off more than 40% from their highs (probably a couple of years ago) and relating vacancy and reduced commercial rents as potential exposure for Community Banks holding commercial mortgages which will be coming due between right now and the next couple of years.

Big Bear Lake would seem to me to have quite a bit in common with the Resort Community of Park City, Utah including the slow economy and the effects of a recession on its Retail and Real Estate Markets.

I just saw a large retail space for rent in the local paper for $.30 / sq. ft. This property could definitely qualify as a chronic vacancy (more than one year) as do many of the current available commercial vacancies in the City of Big Bear Lake.

More from the Park City Record below.

http://www.parkrecord.com/ci_14391742

Tuesday, December 8, 2009

Outlook for 2010 is Serious for Small Business


With City TOT for the 3 qtr 2009 reporting a decrease in lodging of about 7% compared to the same period in 2008, sales tax revenues will likely follow. The recession of 2009 will certainly become the recession of 2010 as Valley Merchants continue to endure the recession's pain with no relief in sight.

Columnist Jan Norman on the outlook for small business in 2010: Small Business Outlook Small businesses across the country are hunkered down and see nothing on the horizon to alter the current trends in retail sales figures and business climate.

Throwing in the towel locally late in November, Alexandra's Emporium on Village Dr and the Super Bear Arcade become the latest casualties of extreme economic condition and the cold reality of our local marketplace. Stubborn vacancies are certainly an issue, in the Village and elsewhere with thousands of square feet of commercial/retail space available.
The winter of 2010 has the makings of being a special kind of harsh for local small business.

Friday, November 20, 2009

New Retail Shops open in the Village

The Village is still losing ground with vacancies through the last quarter of 2009 with the opening of Allato Gellato on Pine Knot at the Alpine Suites and the Grizzly Mountain Gourmet an upscale food, wine and beer with a deli counter in the old Bear Mountain Coffee store next to Hunter Halls on Village Dr. On the negative side of the chart is the closing of The Pub and Big Bear Souvenir and Gift, both on Pine Knot. More bad news is the buzz that one of the larger Women's Clothing store is going to close before the still illusive Christmas Season begins.

I am certainly looking forward to the opening of the Copper Q, a kitchen and food oriented concept with coffee and pastries in the former Creative Cottage space which went dark almost one year ago. I don't think the "Q" will open before the new year. Best of luck to Kent and Linda as the site is starting to take shape!

Sunday, November 8, 2009

Slippery Slope

From Fast Food, the Internet, Big Box, Big Money, Cheap Land, Economic Incentives and everything else under the capitalistic sun that warms us, the competition probably has an advantage over the Big Bear Valley.

A little late in entering the race, (OK, really late) the vision required for the Big Bear Lake Community to really compete in the regional retail marketplace will require the one ingredient that will be the key to each and every success story we will ever read about. Innovation.

Innovation, combined with natural strengths, realistic goal setting and the will to work until one's goals are achieved are the elements of any home run, smash hit, best seller or happy ending. I believe you can apply the same formula to form a successful business plan.

The reality is however, that competition has never been tougher, but the rewards of economic prosperity for families and community will always be worthy of what ever it takes to achieve. How could it not?

I recently read a great article on the cultural aspect of competition and an intangible adversary. Author Jules Pieri on how the "discount Culture" is killing our economy.

Our successful vision will recognize the slippery slope of community planning and require the imagination to incorporate the innovation required to enhance our natural strengths to overcome our adversaries might.

Monday, October 12, 2009

Sedona AZ Voters Want to Elect Their Mayor

There has been talk for some time about the voters here in Big Bear Lake electing a Mayor with a popular agenda who would be accountable to produce results in achieving his/her agenda.

Both side of the debate have valid points on whether this would really change anything at all. I think it might at least cause all of our elected leaders run more on issues and be more specific on goals during their terms.

Read the article by Tommy Acosta below;

Sedona Voters to Decide