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Nonresidential Housing Linkage Fee Nexus Study Draft Report 02/26/18 Table 5 Pleasanton Top Employers (2017) Rank Employer Employees Year Established 1 Kaiser Permanente 3,271 1983 2 Safeway 2,600 1996 3 Oracle 1,650 2005 4 Workday Incorporated 1,456 2009 5 Pleasanton Unfired School District 1,290 na 6 Macy's 949 1980 7 Valley Care Medical Center 942 1991 8 Clorox Service Company 694 1973 9 State Fund - Compensation Insurance 650 2007 10 E M C Corporation 549 2004 11 Thoratec Corporation 510 1999 12 Roche Molecular Systems Inc. 510 1998 13 City of Pleasanton 460 na 14 Blackhawk Network 414 2005 15 Ellie Mae 385 2000 16 Wal-Mart 380 1995 Source: City of Pleasanton; EPS. Pleasanton's desirability can be attributed to a variety of community attributes, including good schools, low crime rate, recreational amenities, and an attractive, pedestrian-friendly Downtown. Pleasanton's evolution as a higher-end community with a strong market orientation toward single-family, ownership, and in many cases "executive" housing, combined with its robust job market offering a diverse mix of professions and pay levels, contribute to high housing costs. In these types of communities, local workers compete for a limited housing supply with retirees who may have built substantial equity in their prior homes or higher income households who have more flexibility regarding where they choose to live. As a result of this type of demand on the City's housing supply, it will be difficult for new lower wage workers to find suitable housing in the City without a program designed to bring the cost of housing down to an affordable range. Economic& Planning Systems, Inc. 8 0�, stt tP�,t�.ee Ana«tlabp«a.�,fi»,t CommNevu SNtly_Od3fi18.tloa