Economic Development
Update
City Council Regular Meeting
January 10, 2022
Item 2.1
Economic Development Marketing Trade Show Advertising
Economic Development Outreach
6%
51%
8%
33%
2%
49 - ACTIVE COMMERCIAL
Entertainment Goods & Services
Hospitality Restaurant
Office
30%
67%
3%
37 - ACTIVE INDUSTRIAL
Logistics Manufacturing Service
Community Outreach
• Utility Bill Mailer
• City Website
• City Social Media
LathropSMART
City News
Volume 3, Winter 2021
Retail/Commercial update
Future
Home of
Industrial Update
Phelan Gateway Lathrop
• Tenant(s)
• New Construction – Phase II
― Building 3 – 456,465 sf (Permit Issued)
― Building 4 – 390,443 sf (Permit Issued)
Residential update
• Towne Centre Apartments
146 Apartment Units
MULTI-FAMILY DEVELOPMENT
• Mossdale Apartments
204 Apartment Units
www.TowneCentreApartmentHomes.com
Residential update
Stanford Crossing = 310
River Islands = 545
NEW HOME SALES = 855
January 1 – December 31, 2021
Residential update
New Single Family Dwelling Unit Permits Issued YTD* = 879 Multi Family Dwelling Unit Permits Issued YTD* = 243
139
285 260
195
119
89 23
12 0
50 100
150
200
250
300
350
400
1Q21 2Q21 3Q21 4Q21
SFDU MFDU
* YTD = January 1 –December 31, 2021
1,122 Residential
Permits Issued
Jan – Dec 2021
540
339
71 156
16 By Development
River Islands - SF
Stanford Crossing - SF
River Islands - MF
Mossdale Apts - MF
Towne Centre - MF
Calendar Year 2021
City of Lathrop – Housing Permits Issued
Years 2018 – 2021
1,122
EMERGENCY GENERAL ASSISTANCE GRANT
FEDERALLY FUNDED THROUGH CDBG
Community Update
COVID-19 GRANTS
NEED HELP WITH UNPAID RENT
OR UTILITIES?
CALIFORNIA’S COVID RENT RELIEF PROGRAM
Apply Now - CA COVID-19 Rent Relief - Housing Is Key
55 Households Awarded
191 Lathrop Residents Served
$134,939.80 Awarded
5.9%
11.3%
10.0%
9.2%
8.3%
9.0%
7.5%
6.6%
4.0%
10.1%
9.2%
8.2%
7.5% 7.6%
6.4%
5.4%
4.3%
9.6%
8.5%
7.8%
7.1%
7.7%
6.4% 5.6%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
11.0%
12.0%
2019 2020 JAN ' 21 MAR '21 MAY '21 JULY '21 SEPT ' 21 NOV ' 21 San Joaquin County
California
Lathrop
Labor Market Statistics
Unemployment Trends
Source: www.indeed.com and www.CalJobs.ca.gov
All company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them. • Local Resources
• San Joaquin County WorkNet SJCWORKNET.ORG
• EDD CalJobs CALJOBS.CA.GOV
• San Joaquin Delta College DELTACOLLEGE.EDU
• Small Business Development Center SANJOAQUINSBDC.ORG
• University of the Pacific PACIFIC.EDU
• Bererd College (Innovative degrees & lifelong learning programs) EDUCATION.PACIFIC.EDU/EDUCATION
• Osher Lifelong Learning Institute (Designed for people ages 50+) • EDUCATION.PACIFIC.EDU/EDUCATION/OSHER-LIFELONG-INSTITUTE • CodeStack Academy (SJCOE) CODESTACKACEDEMY.ORG
Looking for a job?
Starting a new business?
Need training?