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7 City of San Leandro | Economic Development Initiatives and Work Plan | December 2013 <br /> <br /> Competitive real estate costs <br /> Home to numerous successful business headquarters <br /> Dynamic Marketing Communications: Branding, PR, Web, Advertising <br /> Kaiser Medical Center locating in city <br />Challenges: <br /> Existing Commercial & Industrial building stock is older than many surrounding cities <br />especially southern Alameda County and geared to a previous manufacturing era. <br /> Lack of Class-A office space (although planned projects will add to this inventory) <br /> Lack of restaurant options <br />Fostering Innovation and the High Tech Economy <br /> <br />The East Bay Economic Development Council projects the highest growth in PSTS industries <br />during the next five years. San Leandro is strategically preparing itself to accommodate these <br />growth industries. Strategic projects, such as the approximately 350,000 square foot Tech <br />Campus next to BART, mixed-use shoreline development, Lit San Leandro, reinvention of the <br />industrial areas (Next Generation Workplace District Study) and Kaiser all point to attracting <br />and fostering PSTS businesses in the City. <br /> <br />San Leandro’s well established industrial areas feature large warehouse and manufacturing <br />buildings that may be converted to foster innovative, high tech businesses. For example, the <br />second floor of Westgate Center could be converted into “Maker Spaces,” scale up business <br />incubators, hacker spaces with machinery, offices, and labs. <br /> <br />