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=== 20th century === [[File:Lorenz Hotel post card.jpg|thumb|Hotel Lorenz in the early 20th century]] In the early twentieth century the town's economic growth was spurred by the significant copper and iron [[mining|mineral extraction]] industry nearby. The mining industry eventually declined, causing the economy and population to falter by 1920. It recovered in the thirties as the economy boomed due to the construction of [[Shasta Dam]] to the northwest. The building of the dam, which was completed in 1945, caused Redding's population to nearly double, also spurring the growth and development of other towns in the area.<ref>{{cite web |url=http://www.cityofredding.org/about-us/brief-history-of-redding |title=Historic Redding California |access-date=August 27, 2017 |archive-date=June 6, 2017 |archive-url=https://web.archive.org/web/20170606153157/http://www.cityofredding.org/about-us/brief-history-of-redding |url-status=dead }}</ref> [[File:Motion picture show at the Cascade Theatre in Redding, California.jpg|thumb|right|The [[Cascade Theatre]] in 1942]] Redding continued to grow steadily in the 1950s due to the region's growing [[logging|lumber]] industry and tourism brought about by the newly completed dam. The constructions of [[Whiskeytown Lake|Whiskeytown]] and [[Keswick Dam|Keswick dams]] also helped boost the economy by bringing new workers to the area. Interstate 5 was built during the sixties and seventies, which added to development and tourism in the region. Growth in Redding during the 1960s and 1970s was further spurred by the annexation of an area east of the Sacramento River that included the unincorporated community of [[Enterprise, Shasta County, California|Enterprise]]; the residents voted to support the annexation primarily to acquire less expensive electricity via Redding's municipal utility, which receives power from the dam. During the 1970s, the lumber industry suffered from decline. In the early 1990s Lumber mills in the area closed down due to the preservation of the living habitat of the Spotted Owl. This heavily impacted the Redding area. The economy picked up, due to a [[retail]] and housing boom in the late 1980s that continued until the mid-1990s. Also in the 1970s, the Market Street Redevelopment Project, established in 1968, began the development of the Midtown Mall. The mall was established to prevent further property deterioration and to restore and maintain the economic health of the downtown area's commercial and retail activity. The mall suffered multiple difficulties. The passage of [[1978 California Proposition 13|Proposition 13]] in 1978 reduced the mall's property valuation and consequently, the city had to continuously loan money to keep the bonds for the mall's parking structure from going into default; the bonds completely repaid in 2003 and Midtown began to pay off its more than $1.5 million debt to the City of Redding. By the 1980s, the properties around the mall and along the old [[California State Highway 99|State Highway 99]]/[[California State Route 273|273]] corridor continued to suffer urban blight, including deteriorating and dilapidated utilities and structures and inappropriate mixed land uses; this required further public intervention in the form of another Market Street Redevelopment Project with significant changes to Midtown in 1990 to include a mix of residential and commercial land around the original project.<ref name="Market-Street-2009">{{Cite journal |year=2010 |title=Market Street Redevelopment Project Area |url=https://www.cityofredding.org/home/showpublisheddocument/4885/635767142171170000 |journal=Redding Redevelopment Agency Five-Year Implementation Plan 2010-2014 |access-date=April 17, 2023 |archive-date=March 1, 2022 |archive-url=https://web.archive.org/web/20220301225826/https://www.cityofredding.org/home/showpublisheddocument/4885/635767142171170000 |url-status=live }}</ref>
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