_Planning Commission meeting agenda packet 6-25-25

TABLE OF CONTENTS I. Introduction & Executive Summary ....................1 Introduction ......................................................1 Economic Profile Report Finding ..........................2 Demographic & Economic Overview ................2 Business Climate Survey Findings .....................3 Economic Development SWOT Analysis ...........4 Summary of Implementation Plan Priorities ...........6 Policy Framework ............................................6 II. Priorities & Key Initiatives ................................9 1.0 Economic Development Organizational Capacity Building ..............................................9 Existing Conditions .........................................9 Key Initiatives ...............................................10 Implementation Plan Priorities ........................11 2.0 Business Retention, Attraction & Expansion ...12 Existing Conditions .......................................12 Key Initiatives ...............................................13 Implementation Plan Priorities ........................14 3.0: Local Revenue Growth ..............................16 Existing Conditions .......................................16 Key Initiatives ...............................................17 Implementation Plan Priorities ........................18 4.0 Entrepreneurship & Innovation Outreach .....20 Existing Conditions .......................................20 Implementation Plan Priorities ........................20 Key Initiatives ...............................................21 5.0 Major Projects Accelerator Program ............22 Existing Conditions .......................................22 Stoneridge Malls ..........................................22 Redevelopment of Underutilized Commercial Parcels .........................................................22 Key Initiatives ...............................................24 Implementation Plan Priorities ........................25 III. Performance Metrics ....................................26 IV. Implementation Costs & Funding Sources ......28 Recommended Resources ..............................29 Appendix I: Methodology & Approach ...............30 Introduction ....................................................30 Data Sources ..................................................31 Stakeholder Interviews ...................................31 Geographic Information Systems (GIS) ...........31 ESRI Business Analyst ....................................31 Placer.ai ......................................................31 Pleasanton Industry Cluster Analysis ...............31 Appendix II: Best Practices ................................34 Organizational & Institutional Capacity Building .....34 Business Retention & Expansion Program ...........35 Workforce Development ...................................36 Workforce Development Case Studies ............37 Major Projects Accelerator Programs .................38 Property Repositioning ...................................38 Networking and Promotion ............................38 Linking Economic Development Objectives to Infrastructure Investments ..............................38 Appendix III: Community & Business Organizations .................................................40 Appendix IV: Regional Innovation and Entrepreneurship Resources ..............................41 Appendix V: Real Estate & Economic Development Consulting Support Contact Information ............42 Sources ..........................................................43 Index of Tables Table 1: Rating Pleasanton’s Amenities ................3 Table 4: Economic Development Strategic Plan Performance Metrics ........................................26 Appendix Table 2: Pleasanton, Ca Industry Cluster “Health Check” 2023 ......................................32 Appendix Table 3: Pleasanton, Ca Industry Cluster Attraction Best Practices ...................................33 Index of Figures Figure 1: Estimated and Projected Population Growth .............................................................2