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What is Economic Development? • Economic Development Strategic Plan

Key Facts •Demographics • Regional Comparison

Moving Forward • Residential • Industrial, Office • Retail, Restaurants •Downtown

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To enhance the standard of living & promote economic vitality through business attraction, business retention & expansion, & job creation.

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2015-2017 Economic Development Strategic Priorities

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Tracy Key Facts (2015)

Population 85,182

# Households 24,887

Avg. HH Size 3.4

Median HH Income $81,100

Median Home Value $339,396

Trade Area 1.6M / 30 min.

Port of Stockton 21 miles

Port of Oakland 52 miles

SF Intl. Airport 64 miles

Sacramento Intl. 76 miles

Stockton

Manteca

Lodi

Tracy

Lathrop

Source: ESRI

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Employment

23.7%

16.4%

11.8% 9.6%

9.1%

8.7%

6.3%

5.1%

4.8% 4.0%

0.5% Retail/Accom./Food Svc.

Manufacturing

Prof., Scientific, & Tech

Wholesale Trade

Construction

Health & Social Svc.

Educational Svc.

Finance, RE, & Insur.

Transp., Info., & Utilities

Public Admin.

Ag., Forestry, Mining

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2015 Job Figures •6,992 Net New jobs added!

Highest Increases by Industry •Wholesale Trade (2,292) •Manufacturing (2,121) •Retail Trade (1,793)

Source: ESRI

Job Creation

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83%

20.9%

81.0%

30.7%

0%10%20%30%40%50%60%70%80%90%

High School Diploma orHigher

Bachelor's Degree orHigher

Tracy

California

Source: Bureau of Labor Statistics

Age Group: 25+ 2009-2013

Education

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Unemployment (Feb. 2016)

Source: Employment Development Department

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

Tracy Manteca Lodi Stockton SJ County

20152016

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Sales Tax Revenue 2013-2015 Comparison

Source: MuniServices, LLC

0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

16,000,000

18,000,000

Tracy Lodi Manteca

201320142015

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Economic Development

Moving Forward

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General Plan

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Residential Development

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New Residential

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Industrial Development

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• Manufacturing • Medical Equip. & Supply • Food Processing • Renewable Resources &

Technology • Backroom Office & Info

Technology

Targeted Light Industrial

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SPECIFIC PLANS IPC

• FedEx (660,000sf)

•Medline (1M sf)

• Smuckers (400,000sf)

• SPEC 324,000sf

• SPEC 211,000sf

NEI

• Ridgeline (381,000sf SPEC)

ISP

• Taylor Farms Expansion

•NEW! Morgan Territory Brewing

DCT 800,000 sf

SPEC

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Retail/Commercial Areas

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Top Retailers Wanted in Tracy? Trader Joe’s Kohls Whole Foods Market Lowes Nordstrom Old Navy TJ Maxx JoAnns Fabrics Toys R Us Forever 21

Top Restaurants Wanted in Tracy? Red Lobster BJ Brewhouse Cheesecake Factory Elephant Bar Chipotle Outback Steakhouse Panera Bread Red Robin PF Changs Mimi’s Cafe

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Coming Soon!

Now Open!

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New Leases: • Women’s clothing • Juice Bar • Salon

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Downtown Tracy

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Higher Education

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Hotel Attraction

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