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<br /> -- DRAFT --
<br />2025-2029 ConPlan & FY 2025-2026 Annual Action Plan
<br />Page 38 of 90
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<br />San Leandro businesses need a more skilled workforce, greater housing affordability, and modernized infrastructure to thrive. Addressing these
<br />needs will require coordinated efforts among the City, educational institutions, and private developers to invest in training, facility upgrades, and
<br />utility enhancements. By tackling these challenges, San Leandro can create a more resilient and competitive business environment.
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<br />Describe any major changes that may have an economic impact, such as planned local or regional public or private sector investments or
<br />initiatives that have affected or may affect job and business growth opportunities during the planning period. Describe any needs for workforce
<br />development, business support or infrastructure these changes may create.
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<br />San Leandro is undergoing significant changes that are expected to have a substantial economic impact. These changes will create opportunities
<br />for job and business growth while introducing new workforce and infrastructure needs. Key projects like the Bay Fair Transit-Oriented
<br />Development (TOD), Kaiser North Parcel, and Monarch Bay Shoreline Development are set to diversify the City’s economic base and enhance its
<br />attractiveness as a regional hub for innovation and commerce.
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<br />The Bay Fair TOD project, supported by over $1.8 million in Metropolitan Transportation Commission grants, aims to transform a 150-acre area
<br />around the BayFair BART station into a vibrant transit village. This development will improve multimodal transportation networks, streamline land
<br />use, and incorporate green infrastructure. It also includes detailed plans for infrastructure upgrades, such as ADA-accessible crossings and
<br />complete street designs, which will address long-standing mobility challenges and catalyze further development. With BART’s expansion to San
<br />Jose, the TOD area is poised to attract businesses and commuters, generating high-quality jobs, and boosting local retail activity. The Kaiser North
<br />Parcel represents another transformative opportunity. This nearly 25-acre property, located strategically along I-880, offers flexible development
<br />scenarios, including a mixed-use project with residential units and a hotel or a retail-focused development. Both approaches would serve the
<br />growing demand for goods, services, and housing near San Leandro’s industrial corridor. As one of the largest vacant parcels in the area, this site
<br />is projected to draw significant regional retail and commercial activity, creating jobs across various sectors, including retail, hospitality, and
<br />construction. The Monarch Bay Shoreline Development exemplifies San Leandro’s vision for creating a regional destination that combines housing,
<br />recreation, and commercial amenities. The project includes up to 500 new housing units, a hotel, restaurants, a library, and expanded recreational
<br />spaces such as the San Francisco Bay Trail. This development will support a mix of income levels, attract visitors, and generate employment in
<br />retail, hospitality, and public services, while enhancing community connections to the Bay.
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<br />Recent private sector investments are also reshaping San Leandro’s economic landscape. B3 Investors’ acquisition and adaptive reuse of the Bay
<br />Fair Center mall align with the Bay Fair TOD Plan, focusing on employment-generating uses like office, life sciences, and research and development.
<br />The new Speedway at Bay Fair campus, a 400,000-square-foot R&D facility that opened in 2024, is set to bring high-paying jobs to San Leandro
<br />and increase foot traffic for nearby businesses.
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<br />San Leandro’s infrastructure upgrades further support economic development. The Lit San Leandro broadband network, powered by a partnership
<br />between San Leandro Dark Fiber and Lit San Leandro, positions the City as a prime location for technology companies and start-ups. The installation
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