1980s
After the economic doldrums of the 1960s and early 1970s, the city's economy began to recover in the 1980s. An early sign of that change was in the neighborhood of Ocean Park. Main Street, a quaint mile of sawdust bars and dilapidated stores selling old furniture, was upgraded by the concerted efforts of a new generation of owners. Soon it was attracting increasingly expensive boutiques and restaurants. At the northern end of Main Street adjacent to the still-declining Santa Monica Mall, a city block was levelled in 1980 to build a new mall, Santa Monica Place, designed by architect Frank Gehry. Further south on Main Street, the mixed-use museum, retail, and restaurant complex, Edgemar – also designed by Frank Gehry – opened in 1988.
While the Santa Monica Pier had been preserved from intentional destruction in 1973, it was nonetheless poorly maintained. By the 1980s it had become a blight. The area around the pier was filled with poorly built and maintained buildings that housed seedy biker bars and head shops. The pier itself had dilapidated bars, an odd plaster statue store, and creepy game arcades. The city put off repairing the breakwater that protected the pier and the so-called "yacht harbor" immediately north. Studies were made for rehabilitation of the pier and repair of the breakwater, but they were never acted upon. In 1983 major winter storms, part of the El Niño weather pattern, struck Santa Monica on January 27 and again on March 1. The storms destroyed more than a third of the pier, along with stores, bars, cars, and a large crane brought in to begin repairs. Rebuilding the pier was a contentious effort, costing $43 million dollars. Ultimately the work was completed and the pier remains the city's best-known landmark. Three interesting buildings owned by the city were abandoned and destroyed, including the Sinbad's Restaurant that featured a large whale's tale in the facade.
In the 1980s, the city put together the plan for turning the failed Santa Monica Mall into the Santa Monica Promenade. The project, completed in 1989 has proven to be a huge success and is a major regional shopping and entertainment center. Between 1988 and 1998, taxable sales in the city grew 440%, quadrupling city revenues. Retails rents in the development area also quadrupled. More than $500 million of private money has been invested into the Promenade and the adjacent streets in the Bayside District Corporation business association.
The city opened its Public Electronic Network (PEN) in 1989, providing citizens with a bulletin board system (BBS) to discuss local issues and access city services. PEN was the first municipally-operated BBS in the world. While plagued by the ills common to BBSes, the site empowered residents. Due in part to the placement of publicly-available terminals in libraries, homeless persons and their issues received considerable attention on PEN. The SWASHLOCK (Showers, WASHers, and LOCKers) plan was developed on PEN and implemented in 1993. PEN also served as a center to organize opposition to the 1990 proposal to redevelop 415 PCH.
Read more about this topic: History Of Santa Monica, California