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Key Disadvantages Development Patterns Jobs-housing balance — Because of the high level of :specialization in innovation industries, Pleasanton's workforce is largely made up of in-commuters from outside of the city and Tri-Valley region. Over time, as employment in the Tri-Valley continues to grow, it will be important to coneider expanding Pleasanton's capacity to grow housing near jobs. Furthermore, it will also be critical to ensure that commuters can continue to access jobs in Pleasanton by a variety of modes including highways, transit, walking, and biking. Pleasanton's dependency on labor from outside the city and Tri-Valley poses a potential long- term competitive challenge as economic growth becomes increasingly constrained due to long commutes and increasing local housing costs, thus reducing labor access. Housing diversity — 64 percent of Pleasanton's housing stock is single-family detached, but about half of households are small (1-2 persons:. Increasing the diversity of housing offerings and community designs over time will make it easier to accommodate existing and new smaller households and resident preferences, including high-quality multi-family and attached hot.sing products in addition to single-family homes. Redevelopment and infill development will be needed as greenfield locations dwindle — As Pleasanton continues to mature, more of the opportunities to accommodate new employment growth will cccur in existing business parks and infill sites. These sites can be more challenging to develop, but also present opportunities to transform locations with functionally obsolete buildings if zoning and entitlement processes are calibrated to ease this process. While Pleasanton may also enjoy opportunities to develop commercial projects in east Pleasanton — as part of current East Pleasanton Specific Plan efforts and development in the Staples Ranch area — Pleasanton's existing commercial areas already occupy the strongest locations featuring excellent regional access and amenities. Meanwhile, other competing Tri-Valley cities cortinue to position their developable sites to accommodate new development. Employment Centers Aging employment centers are inconsistent with evolving worker preferences — Research shows that an increasing number of workers — especially the younger Generation X and Generation Y workers — prefer working in walkable, mixed-use districts and are more likely to prefer transit. These districts are also preferred by innovation industries that benefit from information- sharing and knowledge-spillover that occurs in these types of environments. However, most of the existing employment centers in Pleasanton are largely Page 4 of 6