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10C Action 2013 1216
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10C Action 2013 1216
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Last modified
1/13/2014 11:02:21 AM
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12/11/2013 5:31:01 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
12/16/2013
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_CC Agenda 2013 1216 CS+RG
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2013\Packet 2013 1216
Reso 2013-159
(Reference)
Path:
\City Clerk\City Council\Resolutions\2013
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5 City of San Leandro | Economic Development Initiatives and Work Plan | December 2013 <br /> <br /> <br />Source: East Bay Economic Development Alliance, “Building on our Assets” Presentation. <br /> <br />San Leandro’s economic base industries consist mainly of retail, personal and professional <br />services, contracting, wholesaling and manufacturing businesses. Top employment sectors <br />include retail, manufacturing, health care and construction. Together, these top employment <br />industries represent half of all employment in the City. Though not a top employer, the PSTS <br />sector represents the highest paying industry in San Leandro. There is a higher concentration of <br />wholesale trade, transportation, warehousing, construction, and manufacturing in the City than <br />the State. With the exception of manufacturing, these industries are forecasted to grow in the <br />range of 0.5-1.5% in the next 5 years. <br /> <br />Specific to San Leandro’s industrial areas, a Next Generation Workplace District Study, <br />completed in 2013, identified three main clusters of high value -added industries: Food <br />Processing, Metals and Machining, and Instruments and Process Controls. These sectors <br />represent a logical outgrowth of San Leandro’s legacy as a manufacturing hub. Although mass - <br />produced manufacturing operations have largely been outsourced to foreign countries, <br />precision and specialty manufacturing and production still provide significant growt h <br />opportunities. A major component of the City economic development initiatives in the near - <br />term future will involve supporting these types of businesses and working to develop larger <br />clusters of industrial innovation in San Leandro. This approach is desig ned to build on San <br />Leandro’s historic strengths while also leveraging new advantages such as the Lit San Leandro <br />fiber optic network. <br />
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