Situated in Southern California, Downey is a prospering city situated just five miles from Orange County. Currently, there are around 110,000 people residing in the city limits. The city has a very central location and is close to a few major freeways, making it a great place live or start a company.
The city has several amenities existing to residents, like for instance top grade medical facilities, an exceptional education system, and a selection of outstanding golf courses. It is also the home of the oldest McDonalds, and the very first Taco Bell Eatery. The city likewise gave the band The Carpenters inspiration for many of their major hits. Then again, Downey is most well know for being the origin of the Apollo Space Program. Currently, the old NASA industrial plant site is going through new development.
Each Saturday from nine in the morning to one in the afternoon, since it was approved in 2008, the Farmers Market downtown has then become a busy hive of activity. People come from all over the area in order to market California grown products and handmade goods. It is also a community gathering place where people off all ethnicities gather and socialize. Some of the revenue goes towards improving and financing Downtown Downey. It is situated on Second Street between New St. and La Reina.
The cities economy is strongly based on residential and retail development. Hence, Downey offers quality housing for its people. The city is currently going through two redevelopment projects, and developing the former NASA industrial plant site.
The goal of the city is to persuade new, quality companies to build in the city, maintain the ones they already have, and to be able to provide infrastructure upgrades. Recently, the California Business Magazine ranked Downey as amongst the top 25 percent of the best places to do Business within California. The City does it's best to recruit commercial businesses to help make certain that it continues to have a solid sales tax base.