Ocean Avenue, the main street of the OMI (Oceanview, Merced Heights and Ingleside neighborhoods) has over 160 storefronts and was recently transformed by a 173-unit housing development with a new Whole Foods market on the ground floor. There are several pending development projects in the neighborhood including the Municipal Transportation Agency’s transformation of the Phelan Bus Loop. The district is beginning to attract new tenants while continuing to offer a range of affordable shopping and dining options.
Ocean Avenue is served by regional transportation and the M-Muni Line. The corridor is bustling with students from the nearby City College of San Francisco.
In 2010, Ocean Avenue Association became a Community Benefit District (CBD) with a focus on cleaning and maintenance, safety, marketing, and streetscape improvements. The CBD also serves as an advocate for the 11-block district. Other nonprofit organizations in the area provide an array of programs supporting youth development, the arts and culture, education and advocacy for residents in the community.
Ocean Avenue has a relatively low commercial vacancy rate. Sales tax captured in the district has grown 32% since 2006, compared with 17% growth citywide. The corridor’s growth opportunities include lawn and garden supplies, home furnishings, general merchandise, clothing, shoes, and jewelry, luggage and leather goods.