Attachment 1 May 26, 2026
EVS Measure of Success (Year 2: May 2025 - April 2026)
Source: Costar Analytics Submarket Reports (Q1 2026), Mountain View Business License (December 2025), HdL (Q4 2025), Economic Development team statistics.
April 2026
Rates
Economic Vitality Goals
Measures of Success Apr 2024
Rates
April 2025
Rates
Goal 1 Goal 2 Goal 3 Goal 4 Goal 5
Office Vacancy Rate in Mountain View.
(target 10%)
20.2% 18.7% 16.5%
Retail Vacancy Rate in Mountain View.
(target 5-7%)
4.1% 1.5% 4.9%
Downtown Office Vacancy Rate.
(target 10%)
25% 23.03% 31.49%
Downtown Retail Vacancy Rate.
(target 5-7%)
8.5% 6.8% 6.1%
Percent growth in year over year sales Tax Receipts
in the Downtown.
(target 2%-4%)
-8.50% -1.7% 10.1%
Number of unique visitors to Economic
Development Business Resources page.
TBD 1,166 6,071
Number of businesses assisted by Economic
Development small business trainings and
webinars.
5 42 26
Percent of Economic Development business
resources translated into other languages
13% 15% 18%
Number of business establishments in downtown 334 337 372 New business startups as a percentage of all
businesses in the City
(target 15-20%)
11% 12.4% 15%
Number of storefronts receiving design assistance
for façade improvements or window activations
TBD 8 14
Number of businesses receiving retention services
by Economic Development staff
9% 11% 12%
Number of square feet supporting
commercial/industrial activities
(target 26 million sq. ft.)
29.1 million
sq. ft.
29.1 million
sq. ft.
28.9 million
sq. ft.
Percent of Economic Development assisted
businesses receiving permit facilitation services
15% 12% 43%