The Lake View Terrace Shopping Center in Pacoima will be revitalized as part of a pilot program funded by a grant from Wells Fargo & Co. and developed by the Valley Economic Alliance, the business development collaborative announced last month.

The Valley Main Streets project will include the development of the alliance’s Commercial Cluster Toolkit, which will serve as an outline to support community leaders in undertaking their own commercial revitalization projects, as well as an example pilot project called Uplift Lake View Terrace.

The inaugural project at Lake View Terrace will offer business assistance to local businesses, promote community engagement to decide on district improvements, launch campaigns to attract new businesses to vacant commercial spaces and increase customer foot-traffic from local neighbors and visitors.

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