The city of Ontario is offering business leases of $1 per month in its downtown in an effort to attract more business owners to revitalize the area.is accepting applications until next week for the limited-time offer, which also includes free utilizes for the leases and a Wi-Fi hotspot. The services and $1 monthly lease would be available for up to six months for approved business owners.
The program launched last year and has helped two entrepreneurs open their own store in downtown. Now, the city is looking to fill available spaces with new businesses before the end of the year. Those spaces are located at Euclid Avenue and B Street at 137 N. Euclid Ave., 141 N. Euclid Ave., and 129 N. Euclid Ave.“When I saw it I thought it was fake. there is no way, it’s a scam,” said Steven Alcarez, co-owner of Street Culture Boutique.
Alvarez was able to open his store about six months ago thanks to the program. He said the cheap rent has allowed him to focus on growing his business and marketing his products to attract customers. “I see Ontario as a downtown LA -- very active and nightlife, and I see a lot of potential,” Alvarez said.Get Los Angeles's latest local news on crime, entertainment, weather, schools, COVID, cost of living and more. Here's your go-to source for today's LA news.have until Monday, June 24 to submit an application.
Applicants must apply for all necessary permits, provide proof of general liability insurance, make a deposit of $1 per square foot and sign a release of liability waiver and Right of Entry permit.