PACOIMA, CA-An 18,000-square-foot retail and restaurant concept plans to give new entrepreneurs a chance to test their business models in a small, accommodating space.
The project, called “the Zocalito of Pacoima” (a zocalito is a small public square), is located at the corner of Van Nuys Blvd. and San Fernando Rd. in this economically-depressed area of the San Fernando Valley. It will convert existing empty buildings into small retail shops and restaurants ranging from 265-square-feet to 2,500-square-feet. Agora Realty & Management Co. of nearby Sherman Oaks is the engine behind the project.
Based on a similar plaza created by Agora just over three miles away in Panorama City, the idea is being termed “plug and play” for shop owners and restaurateurs. When they sign on, entrepreneurs find already-installed utility hook-ups to city code, grease interceptors and other requirements that often stymie inexperienced owners.
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