Buena Park Entertainment District: Financing Alternatives Review

The area along Beach Boulevard in the City of Buena Park is a well-known regional entertainment and recreation destination that includes Knott’s Berry Farm, Medieval Times, Pirate Adventure, the Buena Park Mall, and several hotels and restaurants. As of 2011, the Buena Park Entertainment District had no cohesive physical identity. This project developed a comprehensive framework for improvements to the public realm#8212;roadways, medians, sidewalks, and public property. As part of the project, PlaceWorks provided a review of the possible funding mechanisms that could help pay for the public improvements and prepared detailed cost estimates for the proposed improvements. We estimated the potential annual levy on each affected parcel to help city staff prepare to meet with affected property owners about establishing a landscaping and lighting maintenance district to repay bonds that would fund the public improvements.