MO 1997-026 to 1997-030 - Laserfiche WebLink

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Table 1: San Leandro Economic Policy Area 1. Sustaining Economic Growth 2. Reinvesting in San Leandro 3. Enhancing the Local Tax Base 4. Improving Community Life ment Policy Areas Focus Retaining. Expanding. and Attracting Jobs and Diversifying the City Economic Base Reusing Buildings and Land to Accommodate Economic i Growth and Change Maintaining the City s Ability to Finance High Quality Public Services in Support of Economic Development Improving and Promoting the Quality of Life in San Leandro as an Economic Development Attraction A summary of the findings from the Baseline report that led to the four conclusions listed above. and the key challenges raised by these findings. are included below. Sustaining Economic Growth Between 1982 and 1992. the San Leandro economy grew at a rate of 2.8 percent per year. as measured by employment. The Citv's economic growth was considerably better than the growth in the Bay Area regional econom}. which grew at 2— percent per year during the same time period. The strongest growth occurred in the Transportation. Communications. and Utilities: Finance. Insurance. and Real Estate: Services: and Retail major industry groups. Like few other Bay Area cities. San Leandro also continues to have a strong manufacturing base. despite an overall decline in manufacturing employment in the region. Particularly for manufacturing. but for all other sectors as well. there is a need for the City to address a number of challenges related to business retention. expansion. and attraction including: • Create a competitive local economic environment • Retain and attract businesses that provide good quality jobs • Strengthen labor force and training linkages • Establish or strengthen connections among industrial businesses and suppliers within San Leandro • Diversify the economy and embrace emerging sectors Reinvesting in San Leandro The Cin had already identified six development opportunity sites. which the study found to have a number of physical. environmental. and economic barriers to development. In addition. due to current ownership and occupancy issues. there are a number of key plavers that must cooperate in order to bring about successful development on these sites. These issues are indicative of the types of difficulties that can be expected to meet efforts to redevelop any number of sites within the CITE . In addition to the sites previously identified by the Cit}. the study also identified a number of other specific development opportunity