Pg 1 of 4 City Council June 1, 2026
CALED AWARD OF
EXCELLENCE
SPEEDWAY AT BAYFAIR
California
Association for
Local Economic
Development
Pg 2 of 4 City Council June 1, 2026
• Leading voice for economic development at the
local, regional and state levels
• Statewide advocacy, professional certifications,
and funding tools
• Formed in 1980, over 1,100 members
Stephen Baiter
Executive Director, East Bay
Economic Devel. Alliance
Vice Chair, CALED Board of
Directors
Jennifer McLain Hiramoto
Executive Director of Economic
Development, City of Ontario, CA
Chair, CALED Board of Directors
STRONGEST
OPPORTUNITY
Collaboration in Real Estate & Finance
City of San Leandro and B3 Investors
SPEEDWAY AT BAYFAIR
Transformation of Bayfair
Mall into mixed-use transitoriented campus:
• 400,000 sf at rear of mall
• Flexible workspace for
technology, healthcare &
education
• 400+ higher-paying jobs
• $33 M private investment
• $2.4 M public grants
Thanks to City Staff:
• Planning
• Building
• Economic Development
• Housing
• Engineering
• Environmental Services
• City Manager’s Office
• Alameda County Fire
CALED
Award of
Excellence
Pg 3 of 4 City Council, 2026
Pg 4 of 4 City Council June 1, 2026