The purpose of this study is to provide background economic data that will give the community and City staff a context for making decisions about changes to the General Plan regarding land use, housing and transportation. This study describes baseline economic conditions in Redwood City and in the North Fair Oaks area of unincorporated San Mateo County.
It discusses economic factors that are relevant to General Plan’s Land Use Element and Economic Development Element, including Redwood City’s employment base, employment trends for major industries in the City, and business openings, closures and relocations in the City.
CONTENTS
I. INTRODUCTION
Redwood City Budget, Taxable Sales and Port Data
Methodology
Report Organization
II. EMPLOYMENT BY INDUSTRY TRENDS
Overview
2006 Employment By Industry
Business Openings, Closures & Relocations
III. REAL ESTATE MARKET ANALYSIS
Industrial/Warehouse
R&D/Life Science
Office
Retail
IV. COMMUTE TRENDS
Overview
Where Do Redwood City Residents Work?
Where Do Redwood City Workers Live
Comparison to Neighboring Cities and Jobs/Employed Residents Ratio
Conclusions
V. EMPLOYMENT ZONE TRENDS
Downtown
Veterans Boulevard
Southeast Woodside Road
Seaport Boulevard
Bayfront
Redwood Shores
Sequoia Hospital
El Camino Real
Woodside Road
VI. NORTH FAIR OAKS
Existing Conditions 8
Production, Distribution and Repair (PDR) Openings, Closures & Relocations
Development Issues
Commute Trends
Recommendations
VII. SUMMARY OF EMPLOYMENT ZONE FINDINGS
VIII. SUMMARY OF RECOMMENDATIONS
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Baseline Economic Conditions Report Redwood City General Plan
