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EMPLOYMENT <br /> <br />The type and availability of local employment opportunities can <br />affect the demand for housing in Pleasanton. The State of <br />California forecasts considerable employment growth within the <br />next decade in Alameda County especially in the retail, finance, <br />insurance, and real estate sectors. <br /> <br />A significant number of these growing firms will be locating in <br />the Pleasanton area because of the economic advantages. These <br />advantages include good freeway accessibility, available unde- <br />veloped and flat land,' infrastructure to support these developments, <br />and a large and well-educated employee base. For these and other <br />economic reasons, approximately 13 million gross square feet of <br />office and industrial space have been proposed and approved in <br />Pleasanton. <br /> <br />It is estimated that about 60,000 employees will be needed to fill <br />the positions created by north Pleasanton developments at buildout.1.~ <br />In addition, current local services will probably expand to meet <br /> <br /> 2 <br />increased demand spurred by these new businesses. Planning studies <br /> <br />have indicated that 30%-40% of those employees will probably want <br /> <br />1The Jobs/Housing Balance in the City of Pleasanton. Gruen Gruen & <br />Associates, December 29, 1981. Table 4: Estimated Number of <br />Employees in North Pleasanton Projects at Buildout. This source <br />includes the West Las Positas and Oaks Project. These two pro- <br />jects are not included in Table 4 INDUSTRIAL/COMMERCIAL/OFFICE <br />DEVELOPMENTS PROPOSED FOR PLEASANTON because no specific projects <br />have been submitted for the sites. <br /> <br />2Ibid., <br /> Hacienda Business Park Environmental Impact Report, May 1982, <br /> Brian W. Swift. <br /> <br />-56- <br /> <br /> <br />