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CITY OF PLEASANTON ECONOMIC DEVELOPMENT STRATEGIC PLAN FY2024-2028 <br />1.0 Economic Development Organizational Capacity Building Data Source <br />1 # of Capacity Building Tasks Completed City <br />2.0 Business Retention, Expansion & Attraction Program <br />3 # of New Business Licenses City <br />4 BRE Target List - # of Businesses City <br />5 BRE Target List - # of Developer/Broker Contacts City <br />6 # of Meetings with Workforce Development Organizations City <br />7 # of New Workforce Development Programs City <br />3.0 Local Revenue Growth Initiative <br />8 Downtown Pleasanton - Increase in Avg Length of Stay (Minutes)Placer.ai <br />9 Retail Vacancy Rate CoStar <br />10 Retail Inventory Rehabilitation ($ or Sq Ft)City <br />4.0 Entrepreneurship & Innovation Outreach Program <br />11 # of Economic Development Events City <br />12 # of External Events Attended City <br />13 of Life Sciences/Biotech Companies Assisted City <br />5.0 Major Projects Accelerator Program <br />14 Increase in Tax Base City <br />15 Action Items Accomplished from Existing City Plans City <br />16 # of Housing Starts City <br />17 # of Residents ESRI <br />Table 4: Economic Development Strategic Plan Performance Metrics <br />*The proposed initiatives are planning targets subject to change according to the City’s economic development priorities and resource availability. <br />** Performance metrics shall be reported as meeting targets, exceeding targets, or attention needed. <br />Source: City of Pleasanton, International Economic Development Council; Willdan, 2023 <br />27