Assembly Bill AB 1290, also known as the Community Redevelopment Law Reform Act of 1993, effective January 1, 1994, enacted numerous revisions to the California Community Redevelopment Law including a requirement for the adoption of an implementation plan. The California Community Redevelopment Law, Health and Safety Code Section 33490 now requires that each redevelopment agency adopt an implementation plan prior to December 31, 1994 and every fifth year thereafter for the redevelopment project area.
The objective of the Redevelopment Plan is to eliminate such conditions of blight by providing needed public improvements, encouraging rehabilitation and repair of deteriorated structures, facilitating land assembly and development which will result in employment opportunities and an expanded tax base; and by promoting development in accordance with applicable land use controls
Goals of the Redevelopment Plan Include:
- Provide a broad range of public infrastructure improvements to induce private investment
- Enhance the public safety and welfare by providing improved community services
- Promote the preservation and enchantment of Old Town Temecula
- Promote the expansion of the industrial, commercial and job market economies
- Preserve, improve and expand housing opportunities for low- and-moderate income families
 Redevelopment Project Area
Generally, Temecula's Redevelopment Project Area centers around the Interstate 15 corridor and includes the Promenade Mall site, Old Town, and the industrial and business park areas west of the freeway between Winchester and Rancho California Roads.
The Redevelopment Project Area (see map  ) encompasses sections of the community with conditions that often impede the City's development. These areas contain blighted conditions such as abandoned buildings, substandard housing, empty parcels, and vandalism. Areas of blight have social, economic, physical, and environmental liabilities that limit growth. They are:
- Social: substandard housing, unemployment, lack of community identity;
- Economic: depreciating property values, loss of business, substandard development, underdeveloped land or an incompatible mix of land uses;
- Physical: confusing and inefficient street patterns, inadequate drainage, sewers or street lighting, code violations or poor pedestrian circulation systems;
- Environmental: lack of attractive open spaces, poorly maintained buildings, a clutter of utility lines or a jumble of signs; and
- Remove economic impediments to land assembly and in-fill development.
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