Santa Monica Recognized for Business-Friendly Policies
What happened
Santa Monica was named a finalist for the Los Angeles County Economic Development Corp.'s Eddy Awards for the second consecutive year, recognized for its business-friendly policies. The city was honored for streamlining permitting, its Business Concierge service, and commercial activation efforts. The awards ceremony is scheduled to take place at the Rose Bowl on November 4.
From smdp.com
Why it matters
The city's Realignment Plan, adopted in October 2025, included measures such as creating a $3 million Economic Development Fund and eliminating the city's portion of the wastewater capacity charge. These policies, which also cut sidewalk dining fees by 75% per square foot, aim to lower costs and speed up business approvals.
From smdp.com
Who's involved
- Santa MonicaCity recognized for business-friendly policies and award finalist
- Los Angeles CountyCounty hosting the Eddy Awards ceremony
- Rose BowlVenue hosting the award ceremony
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Los Angeles CountySpeculative
Regional event draw could increase tourism and consumer spending across the county.