New construction may provide lift
Neil Nisperos, Staff Writer
Created: 05/31/2011 08:40:01 PM PDT
CHINO – After continued operational cutbacks, economic sluggishness and the execution of a year-long centennial celebration, the theme of “Challenges” seemed apt for Tuesday’s State of the City.
The event was highlighted by a video presentation hosted by City Council members that listed accomplishments as well as challenges faced by the city in light of continued nationwide economic difficulties.
The address and luncheon sponsored by the Chino Valley Chamber of Commerce was attended by about 300 community members.
Chamber CEO Julienne Chene said 2011 marks a rebuilding period for businesses in the Chino Valley. Chino saw a two percent sales revenue increase in the past year.
“Businesses cannot succeed in a vacuum,” Chene said. “When the economy is bad, those businesses that have done networking and are engaged with their customers and other business and learn new ideas are the businesses that will come out on top.”
Residential developments in Chino may have come to a standstill in recent years, but Mayor Dennis Yates said there has been renewed interest by developers in master planned communities The Preserve and College Park, which are both in the southeastern end of the city.
“Construction has resumed on both projects, an indication that the Chino economy may be turning around,” Yates said.
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