Major
Successes
In the last 10 years, the City of East Palo Alto Redevelopment
Agency has succeeded in developing and attracting 700,000 square
feet of retail space; 435,000 square feet of Class A office space;
281 market rate housing units; 174 affordable housing units; a luxury,
five-star, 200-room, hotel; 2 acres of parks; 940 permanent retail
jobs; and 1,500 permanent office jobs. In addition, the successful
projects generate revenue that the City of East Palo Alto uses to
provide quality services to its residents.
Major Successes/First Source Hiring and Local Business
Enterprise Programs (FSH/LBE)
- The FSH/LBE are designed to increase the employment and business
opportunities of the residents and businesses of East Palo Alto.
On average, about 36% of the retail/hospitality jobs are held by
East Palo Alto residents. As of the 4th Quarter of 2006, there were
1,190 retail and hospitality jobs at the G101 Retail Center, University
Circle, and 4 Seasons, and 425 were held by East Palo Alto residents.
Contact information: For more information about
participating and finding a job, contact the First Source Hiring
Hotline at (650) 853-5912. For information about the policy, contact
Marie McKenzie, Project Manager, at (650) 853-3147.
Link to policy: The FSH/LBE policy is accessible
at : http://www.ci.east-palo-alto.ca.us/economicdev/firstsource.html
First Source Hiring Employment Reports
FSH Report - 2007
FSH Report - 2008
Major Successes/RDA Areas
The East Palo Alto Redevelopment Agency has established three (3)
redevelopment project areas in the City. A more detailed description
of the specific redevelopment project areas follows.
Map 1 – University Circle and Gateway 101 Project Areas
1. University Circle Project Area
University Circle was formed in 1998. There are a total of twenty-two
(22.8) acres of land in this area. This area, formerly referred
to as "Whiskey Gulch," consisted primarily of 2-3 story
mixed-use retail/residential buildings. The area, while serving
as the City's primary commercial hub, suffered from physically dilapidated
buildings, high crime and drug activity, and the proliferation of
liquor stores and bars. However, the area included 100-plus affordable
residential units, twelve local-serving non-profit agencies and
was home to the City's only full service supermarket. Beginning
in the fall of 1999, University Circle, Inc. (U.C.I.), a developer,
began the acquisition, relocation, demolition, and construction
of three office towers and a full service hotel. More than 150 families,
40-plus businesses and twelve non-profit agencies were relocated
or acquired in order to commence the development of the new project.
Approximately 15-20 percent of the households relocated purchased
homes elsewhere in the Bay Area. All non-profit agencies were successfully
relocated throughout the City. Due to limited commercial space elsewhere,
few businesses were able to secure retail space in the City.
The new University Circle development consists of three Class A
office towers totaling 450,000 square feet of office space, 15,000
square feet of retail space, with underground and surface parking
in a landscaped master planned development. The Class A Office Development
is home to several prestigious law firms, including: Bingham McCutchen
LLP, Gray Cary, Dewey Ballantine, and Greenberg Traurig. Other tenants
include McGraw Hill Standard & Poor's, Wachovia Securities,
Greater Bay Bank headquarters, California Ear Institute, Joseph
B. Robertson, Jr. MD, Kasey Li, DDS, and the Let Them Hear Foundation.
The San Francisco Soup Company and Lulu's Petite, Inc.
provide on-site food services. The site is also home to a 200 room
Four Seasons Hotel that opened in January 2006. The Hotel has a
luxurious full service restaurant and bar named Quattro.
This development is easily accessible via Highway 101 and offers
commuters an excellent work environment with access to the Dumbarton
Bridge as well. The City of EPA is working collaboratively with
U.C.I.'s Property Manager to maximize opportunities for local employment
and contracting. The assessed valuation of U.C.I. was $7.3 million
in 1988 when the Redevelopment Area was formed. The 2006 Assessed
valuation was $373 million.
For more information on this project area, please call:
Marie McKenzie, RDA Manager (650/853-3147)
Carlos Martinez, Redevelopment Director (650/853-3195)
2. Gateway/101 Project Area
This
project area was formed in 1993. The Gateway/101 Corridor Redevelopment
Project Area (G101) consists of 146 acres north of Highway 101.
The boundaries are Highway 101 and East Bayshore road on the south,
Pulgas Avenue on the east, Donohoe and Bell streets on the north,
and University and Capitol avenues on the west. Land uses in G101
consist of regional-serving retail, local-serving retail, and residential
uses. The assessed valuation of G101 was $17.0 million in 1993 when
the Redevelopment Area was formed. The 2006 assessed valuation was
$307.4 million. G101 is the EPA's largest revenue generator with
more than $2.2
million in annual sales tax. Plus, more than 800 workers are employed
in the Center, with approximately 40 percent representing EPA residents.
Major owners/tenants include IKEA (297,000 sqft), Home Depot (245,000
sqft), Best Buy (50,000 sqft), Office Depot (31,000 sqft), and Circuit
City (31,000 sqft). Another 23,000 square feet is occupied by Starbucks
Coffee, Togo’s/Baskin Robbins, McDonalds, California Bank
and Trust, and Taco Bell.
There has been substantial residential development, including the
University Square community and the Peninsula Park Apartments. The
University Square housing community has 217 new single family homes
built on 36 acres. It was developed by Signature Properties and
Ponderosa Homes. The community
also includes the new 2 acre “Joel Davis Memorial Park.”
The second development "Peninsula Park Apartments" was
co-developed by BRIDGE Housing and EPACANDO; a local non-profit
housing developer. The Agency contributed $10 million toward the
development of 129 apartment units with sixty-five (65) reserved
for very low and low-income households.
For further information, please call:
Carlos Martínez Redevelopment Director, City of East Palo
Alto (650/853-3195)
Marie McKenzie, RDA Manager, City of East Palo Alto (650/853-3147)
Map 2: Ravenswood Project Area

3. Ravenswood Project Area
This Project Area was formed in 1990. It encompasses approximately
200 acres including both the Four Corners (Bay/University Avenue)
and the Ravenswood Business District (RBD). The Four Corners area
is primarily characterized by a mixture of retail and residential
uses. Future plans call for the addition of a mixed use, retail
and residential development at the northeastern corner of Bay Road
and University Avenue. Current uses in the RBD include a combination
of light and heavy industrial companies, wrecking and storage yards,
non-conforming residential uses, and undeveloped parcels. The assessed
valuation of the Four Corners/Ravenswood project areas was $36.7
million in 1990 when the Redevelopment Area was formed. In 2006,
the assessed valuation was $75.4 million.
For more information, please call:
Russell Averhart, Redevelopment Manager (650/853-3126)
Carlos Martinez, Redevelopment Director (650/853-3195)
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