The City of Lakewood has issued 44 certificates of occupancy on Madison Avenue this year, and nine businesses are participating in the city's storefront renovation program. Planning and Development Director Dru Siley says these numbers show how much business interest there is along this traditional yet funky strip, which is seeing a wave of redevelopment activity spurred in part by Detroit Avenue's success.

"We want to reproduce the success we've had on Detroit, recognizing that Madison has unique character and flavor that make it distinct," he says. "Madison is a small business corridor. Of 300 businesses here, 95 percent of them are locally owned."

Siley says that Madison is home to independent restaurants and entertainment spots, professional services and service-oriented retail. Current vacancy rates hover around 14 percent, down from over 20 percent a few years ago. Lakewood is developing a new streetscape along Madison that will break ground fall of 2014. The city also is committing storefront renovation dollars to help attract businesses and redevelop properties.

Examples of new businesses attracted to Madison recently include Mahall's, a historic old-school bowling alley that has new ownership and added music, food and entertainment, and Barrio, a Mexican eatery. The streetscape project not only will resurface the street, but also reduce Madison to two lanes with a center turning lane to make it safer and accommodate bike lanes. No parking will be lost.

The City of Lakewood and LakewoodAlive hosted a forum entitled "Madison on the Move" on Wednesday, December 4th at Harrison Elementary School in Lakewood.

Source: Dru Siley
Writer: Lee Chilcote