Located in Southern California, Downey is a prospering city situated just five miles from Orange County. Currently, there are approximately 110,000 individuals living in the city limits. The city has a very central location and is near a few major freeways, making it a perfect place reside or establish a company.
The city has various amenities existing to residents, such as top grade medical facilities, an exceptional education system, and various outstanding golf courses. It is also the home of the oldest McDonalds, as well as the first Taco Bell Eatery. The city also gave the band The Carpenters inspiration for a lot of their major hits. However, Downey is most popular for being the home of the Apollo Space Program. Currently, the old NASA industrial plant site is going through new development.
Every Saturday from nine in the morning to one in the afternoon, ever since it was approved in 2008, the Downtown Farmers Market has then become a busy hive of activity. Individuals come from all around the area to be able to market handmade goods and California grown products. It is likewise a community gathering place where people off all ethnicities gather and socialize. Some of the revenue goes towards financing and improving Downtown Downey. It is located on Second Street between New St. and La Reina.
The economy of Downey is strongly based in retail and residential development, allowing the people of Downey to take advantage of quality housing. The city is currently going through two redevelopment projects, and developing the former NASA industrial plant site.
The city of Downey's new goal is to persuade new, quality companies to construct in the city, maintain the businesses they already have, and to be able to provide infrastructure upgrades. In a recent California Business Magazine placed the city of Downey as a top 25 percent of the best places to do Business within the state of California. The City does it's best to recruit commercial businesses to help ensure that it continues to have a solid sales tax base.