For example, the Lantern Hotel has been closed for over a dozen years, has no roof, and was scheduled to be demolished. An interested citizen came to the rescue, promising to rebuild the infamous hotel and keep the historic facade. Bringing higher paying, more skilled jobs into the city is also a priority for city officials. We're seeing some issues of financing our little government getting worked out. We're letting businesses and business people outside the city know that it is a good place to locate and invest a business.
Land prices are reasonable compared to surrounding areas.
Reasonable priced homes for employees of those new businesses are also a key in attracting growth, and Guadalupe has them. Most of these new homes are sold before construction is complete as more prosepective buyers discover their affordability, Arca said. Partnerships are also a key in making that new and affordable housing happen, he said. About 50 self-help homes are under construction at the west end of Guadalupe along Calle Cesar E. Chavez. These housing projects allow families to help build their own homes, as well as learn about financing through the People's Self Help Housing out of San Luis Obispo.