Cities Index.
4._eda_budget_presentation_fy_23-25

Lathrop City Council
June 13, 2023

Document
4._eda_budget_presentation_fy_23-25
Meeting
June 13, 2023
Body
Lathrop City Council
Original file
1.3 MB
Text extracted from the city's file for reading and search. Open the original on www.ci.lathrop.ca.us. That file is the official record.

1 Economic Development Division
BIENNIAL 2023-2025 BUDGET REVIEW
PRESENTED BY: SHELLEY BURCHAM, ECONOMIC DEVELOPMENT ADMINISTRATOR 2 Organization Chart
Economic
Development Division
Economic
Development
Administrator (1)
City Manager
3 Overview
The Economic Development Division promotes
the City’s attributes for opportunities that will
enhance the overall well-being and quality of
life of the community and its residents.

The Division strives to create, support, and
facilitate policies and programs that will
enhance the economic environment for the
attraction, expansion, and retention of
businesses and industries that will improve the
local tax base, create and retain jobs, and
promote opportunities that facilitate economic
growth.
4 Accomplishments
MARKETING & BRANDING • Continued branding of as a smart location to do business.
• Published quarterly City Newsletter • Produced Lathrop Community Profile 2022/2023 • Advertised in targeted publications focused on retail and industrial attraction
• Participated in targeted trade conferences focused on retail and industrial attraction
• Implemented public accessible
Business Directory
• Provided Quarterly Economic Development Updates at
City Council Meetings
• Conducted two community bus tours to promote
opportunities for business attraction
• Presented at State Controller’s webinar focused on Small Business Development
5 Accomplishments (continued)

BUSINESS ATTRACTION, RENTENTION & EXPANSION HIGHLIGHTS
 RETAIL:
• Dutch Bros opened 03/2022 – Old Harlan Road
• Sonic Drive-In opened 08/2022 – Old Harlan Road
• Lathrop Food Plaza opened 09/2022 – Harlan Road
• T-4 opened 09/2022 – Lathrop Crossing
• Sprouts Farmers Market opened 02/23 – Lathrop Marketplace  OFFICE/SERVICE:
• Golden Valley Veterinarian opened
05/2022 – GVP & Towne Centre
• Get Fit 24/7 opened 02/2023 – Lathrop
Crossing  INDUSTRIAL:
• Conexwest - 102,000 sf – Crossroads Commerce Center
• Kal Trailers - 165,000 sf – Crossroads Commerce Center • Kraft Heinz - 649,693 sf – Crossroads Commerce Center • National Distribution Center - 346,860 sf – Crossroads Commerce Center • PAQ, Inc. - 194,124 sf – Crossroads Commerce Center (Expansion) • Prism Logistics - 747,035 sf – Crossroads Commerce Center • Simwon America Corp. - 96,000 sf – Crossroads Commerce Center (Expansion) • Tesla Mega-Factory - 440,538 sf – Crossroads Commerce Center • DCG Fulfillment - 300,000 sf – Phelan Gateway Lathrop • Hollingsworth Logistics - 205,664 sf – Phelan Gateway Lathrop • Johns Manville - 176,716 sf – Phelan Gateway Lathrop
• Cargill, Inc. - 60,000 sf – TriPoint Logistics Center • C.H.I. Overhead Doors, LLC – 44,991 sf – TriPoint Logistics Center • Ryder Last Mile – 181,629 sf – TriPoint Logistics Center 3,710,250 s.f.

INDUSTRIAL SNAPSHOT
14 Companies
• 5 Manufacturers
• 9 Logistics
1,402 Jobs
6 Goals – S.M.A.R.T.

Support Market Adhere Reinforce Track
Support education and
training efforts to ensure
a workforce with the
latest skillsets and
technology demanded
by local and desired
employers.

Market commercial
opportunities for retail
attraction with a specific
focus on grocery,
restaurants, and
amenities most desired
by the community.

Adhere to the
Lathropsmart
marketing and outreach
strategy and program.

Reinforce efforts,
alongside iHub San
Joaquin and the San
Joaquin Partnership, for
the attraction of
innovation, technology,
and advanced
manufacturing industries
to bring livable wage
employment
opportunities to the
region.

Track Business Retention
Program activities and
involvement with the
San Joaquin County
Economic Development
Association to sustain a
productive business
environment for local
companies.

← All documents from this meeting