Economic Development
Update
City Council Special Meeting
May 16, 2022
Item 2.3
Economic Development Marketing
Trade Shows
Monterey
March 7-8, 2022
14 Meetings Held
Los Angeles
March 17-18, 2022
UPCOMING MARKETING EVENT:
Las Vegas, NV
May 22 – 24, 2022
Economic Development Marketing Advertising
Community Outreach
• April Utility Bill Mailer
• City Website
• City Social Media
LathropSMART
City News
Volume 4, Spring 2022
Retail/Commercial update
Industrial Update
Medline New Location
Leased: 338,564 sf in Crossroads Commerce Center
New Jobs: 120 – 150
NFI New Location
Leased: 346,631 sf in Crossroads Commerce Center
New Jobs: NA
PAQ, Inc. dba Food 4 Less Expansion
Leased: 197,124 sf in Crossroads Commerce Center
Jobs Retained: 90
Ryder (3PL) Expansion
Leased: 181,629 sf in TriPoint Logistics Center
Jobs Retained: NA
Residential update
Stanford Crossing = 132
River Islands = 251
NEW HOME SALES =
January 1 – April 30, 2022
Residential update
New Single Family Dwelling Unit Permits Issued YTD* = 474 Multi Family Dwelling Unit Permits Issued YTD* = 48
90 148 146
90 48
0 50
100
150
200
250
300
350
400
January February March April
SFDU MFDU
* YTD = January 1 –April 30, 2022
522 Residential
Permits Issued
Jan – April 2022
331
143
48 By Development
River Islands - SF
Stanford Crossing - SF
Mossdale Apts - MF
January – April 2022
YTD 4/30/2022
City of Lathrop – Housing Permits Issued
Years 2018 – 2021 (YTD 2022)
Department of Finance – Population Estimates
Press Release: May 2, 2022
Population
31,331 People
6.63% Growth Rate
2nd Fastest Growing City
with Population Over 30,000
2nd Largest Percent
Total Housing Unit Growth
2nd Largest Percent
Single-Family Housing Unit Growth
Single-Family Housing
821 Units
10.97% Unit Growth
Total Housing
10.07% Unit Growth
Community Update
WORKFORCE PROGRAMS
Manufacturing
Leadership
Industry Boot Camps
Industrial Maintenance Mechanics
Career Accelerator
Programmable Logic Controllers
HTTPS://WWW.VOLTINSTITUTE.COM
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. Staffing Agencies Logistics Manufacturing Gov’t & Other Jobs • San Joaquin County WorkNet SJCWORKNET.ORG
• EDD CalJobs CALJOBS.CA.GOV
• Small Business Development Center SANJOAQUINSBDC.ORG
• CodeStack Academy (SJCOE) CODESTACKACEDEMY.ORG
• Volt Institute VOLTINSTITUTE.COM
• San Joaquin Delta College DELTACOLLEGE.EDU
• 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 • Job
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