Economic Development
Currently, Thousand Oaks is undergoing numerous renovations and development. State Route 23 is in the process of being expanded to a six-lane highway, U.S. Route 101 is being upgraded, The Oaks Shopping Center is being expanded by the Macerich Company, and the city has plans to renovate the old Downtown, near the Civic Arts Plaza on Thousand Oaks Blvd.
New homes are also being built in very few areas of the city. Primary areas of new residential construction are currently in-fill sites within the developed area of the community and not outward expansion.
Read more about this topic: Thousand Oaks, California
Famous quotes containing the words economic and/or development:
“We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from it—to the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.”
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