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Inglewood’s historic Market Street has been a 'ghost town.' Now it’s getting an $8.5M facelift
After years of faded storefronts, Inglewood’s Market Street is getting a facelift.
The Inglewood City Council voted 4-0 on Tuesday to move forward with plans to split $8.5 million in state grant money among Market Street businesses for renovation projects.
Market Street’s shopping area, which runs south from Florence Avenue, has visibly lagged behind other corners of Inglewood during the city’s decade-long building blitz.
“It’s a ghost town for the most part,” said Jeffrey Psalms, owner of the Cuban Leaf Cigar Lounge.
The revitalization of Market Street “has always been a priority,” said Bernard McCrumby, the city’s development services director. He said city officials want the street to become a cultural hub that represents the best parts of Inglewood.
City leaders are timing their beautification efforts to coincide with a hopeful boost in foot traffic from the planned Inglewood Transit Connector. The city is currently moving to take over the shopping mall on Market Street and Florence Avenue for the transit station.
A large part of the city’s planning are the business renovation grants — up to $250,000 cash grants that McCrumby said business owners can use for internal or external improvements. McCrumby said the grants are conditional on building owners keeping rents stable for five years.
The city has been working on the project since early 2025. McCrumby said the first group of awardees were notified this week, with another group coming soon. PCR Business Finance, a development advisory firm, is being paid by the city to run the program.
Not every business on Market Street will get a grant. The city had more than 80 applicants ask for more than $17 million in grants last summer — well over what the city has available — and won’t be opening up for new applications, McCrumby said.
Owen Smith, one of the co-owners of The Miracle Theater, said the theater won a $250,000 grant that it will use to repair the theater’s marquee and refresh the outside paint. Smith said the theater is hoping the grants and permits will come through before the FIFA World Cup.
“It’s a boost,” he said. “We’ll see what it turns into.”
Psalms, the cigar lounge owner, said he wasn’t able to apply for a grant because he couldn’t track down the owner of his building to sign off on an application. To him, he said, the program was a bust.
Inglewood is aiming to have all of its Market Street beautification efforts done in advance of the Olympics, McCrumby said.
Market Street is going in a different direction from its heyday, official says
Psalms recalled a different level of energy on the street when he was a child visiting the former Fox Theatre, the Big 5 and the Inglewood Marketplace swap meet. He believes there’s still a lot of potential.
“The intention to be better is there. I don’t think we’ve been forgotten about,” Psalms said.
Where development in other parts of the city has spiked in recent years, Market Street has lagged. Sip & Sonder, a Black-owned coffee shop that held down a flagship spot on Market Street for seven years, closed in December.
Psalms estimated half of the storefronts around his lounge are vacant. His own business remains stable, he said, thanks to a stream of out-of-town visitors.
McCrumby said the street is starting to “go in a different direction” from its heyday. More bars and restaurants line the street than before, he said, and city residents should expect more service businesses as residential development continues in Inglewood’s downtown core.
The city is also in the middle of planning for streetscape improvements that could include new lighting and landscaping. Last week, the city hosted meetings with business owners and community members to get feedback on designs.