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<br />57 <br />• Expansion of Craft Breweries: Craft breweries such as Sons of Liberty Alehouse, 21st Amendment, Drake’s and Cleophus Quealy have opened in the City. <br /> <br />• Torani Headquarters: Torani, the manufacturer of flavored syrups, relocated its corporate <br />headquarters from San Francisco to the Gateway Industrial Center in the City. Its new headquarters consist of 330,000 square feet of a manufacturing, distribution and <br />showroom on site of the former Georgia-Pacific Plant. <br /> <br />• Frian Headquarterst: Friant, a manufacturer of custom furniture, opened its corporate <br />headquarters in a new building on site of the former Sears warehouse. <br />• Shoreline Development Project: The Shoreline Development Project consists of the development of 75-acres (52-acres of land and 23-acres of water). It is planned to <br />include a 200-room hotel, 354 housing untis, a 150,000 square foot office campus and <br />restaurants. The City cannot provide any assurance when the Shoreline Development Project will be completed, if ever. <br /> Lit San Leandro. On October 17, 2011, the City Council unanimously approved a license agreement with San Leandro Dark Fiber (“SLDF”) allowing installation of a fiber optic <br />loop, known as “Lit San Leandro,” through several areas of the City using existing conduit. The City’s private partner in creating both San Leandro Dark Fiber and Lit San Leandro is Dr. Patrick Kennedy, CEO and Founder of OSIsoft, the City’s largest tech company. Now known as <br />“Phase I” of the expanding Lit San Leandro fiber optic loop, Lit San Leandro provided the opportunity to revolutionize the City’s infrastructure, providing the City with the opportunity to become a major player in advanced manufacturing, gigabit technologies, software development <br />and clean/green/energy technologies. <br />The first businesses began to be connected to Lit San Leandro early in 2012 and the <br />vast majority of the fiber optic loop was installed by August 2012. In December 2012, the City of <br />San Leandro won a $2.12 million matching federal grant from the U.S. Economic Development Administration to expand the fiber optic loop for businesses, offering data transmission speeds <br />of 10 gigabits per second, which is 2,000 times faster than the average U.S. connection. This <br />grant money leveraged City resources to expand the fiber optic conduit by adding 7 miles to the original 11-mile loop. Over 150 San Leandro companies and non-profits have connected to Lit <br />San Leandro and the City provided $90,000 in forgivable loans to 11 businesses and non-profits <br />to finance the connection to Lit San Leandro. <br />A key element of the expansion proposal is connection to the City’s Shoreline <br />Development project. Fiber optics Conduit has been installed to the site of the planned future mixed–use development project and will enhance the City’s ability to attract a premium, high–tech tenant to the office component of the larger mixed use project. Additionally, Phase I of the <br />San Leandro Tech Campus, now under completion, connected to the internet via Lit San Leandro’s 10 gbps connection. Phase II of the San Leandro Tech Campus is nearing completion. Together, over 750,000 square-feet of Class A, LEED rated commercial office <br />space, and an 850 space parking garage are now connected to Lit San Leandro, providing the fast speeds demanded by modern tech companies. A residential development is also planned <br />near the Tech Campus. <br /> SLDF owns the fiber that occupies the City’s conduit. In exchange for this business relationship, the City receives 30 strands of fiber unrestricted to use throughout the original and <br />expanded network. Within the expansion conduit, the City receives an additional 42 strands of