Downey is a prospering city located just five miles from Orange County in Southern California. It presently has a population of approximately 110,000 individuals who live within the city limits. The city has a very central location and is close to some major freeways, making it an ideal place settle down or start a business.
The city has a lot of amenities available to residents, like for instance top grade medical facilities, an excellent education system, and several outstanding golf courses. It is likewise the home of the oldest McDonalds, as well as the very first Taco Bell Eatery. The city even gave the band The Carpenters inspiration for a lot of their major hits. Nonetheless, Downey is really popular for being the origin of the Apollo Space Program. Presently, the old NASA industrial plant site is going through new development.
The Downtown Farmers Market was approved in 2008 and ever since then has become a bustling hive of activity each and every Saturday from 9 a.m. to 1 p.m. Individuals congregate here to be able to promote their handmade goods and California grown products. It is also a community gathering place where individuals off all ethnicities gather and socialize. Some of the revenue goes towards improving and financing Downtown Downey. It is situated on Second Street between La Reina and New St.
The economy of Downey is strongly based in residential and retail development, allowing the residents of Downey to take advantage of quality housing. The city is presently going through two redevelopment projects, and developing the former NASA industrial plant site.
The city of Downey's new objective is to persuade new, quality businesses to build in the city, retain the businesses they already have, and to provide infrastructure upgrades. In a recent California Business Magazine placed Downey city as a top 25 percent of the best locations to do Business in the state of California. The City does it's best to recruit commercial companies to help make sure that it continues to have a solid sales tax base.