Even as Starbucks Coffee Puerto Rico LLC readies to unveil a new store on Loíza St., it is scouting for prime locations for the new stores planned for 2014 in an investment that could reach $1.5 million, said a company official.
The upcoming corporate relocation of a leading convenience store chain to a long-shuttered Loíza Street building, from which it will also run a Quiznos Sub, offers further proof of the ongoing revitalization that is pumping considerable money and breathing renewed vigor into this well-known San Juan area unique for embracing all economic classes: from low-income and middle class to the rich.
The Puerto Rico Land Authority will preserve 1,000 acres of wetlands as part of an agreement with the U.S. Environmental Protection Agency. The wetlands, which help prevent flooding and pollution of rivers, lakes and streams, to be preserved under the settlement are mostly in Loíza, and will now be protected from future commercial and industrial development.