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Item 4.5. Item # 4.5. Item: 4.5. Item 4.5. Preservation of Employment Land. Laurel Prevetti, Assistant Director Department of Planning Building and Code Enforcement. The Vital Cycle of San Jose’s Economy. Maintaining a Diverse Economy has been a Long Battle.

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preservation of employment land

Item 4.5

Item # 4.5

Item: 4.5

Item 4.5

Preservation of Employment Land

Laurel Prevetti, Assistant Director

Department of Planning Building and Code Enforcement

maintaining a diverse economy has been a long battle
Maintaining a Diverse Economy has been a Long Battle

1991: Industrial Supplier/Services Study

1994: General Plan Update

2000: Economic Base Study

2004: Towards the Future Study; First Employment Lands Framework

2007: Employment Preservation Framework

future growth locations

Alviso

Berryessa

880

680

280

237

  • Specific Plans
  • South Rincon

Alum Rock

  • Japantown

West Valley

  • Midtown
  • Tamien
  • Communications Hill

Evergreen

101

Cambrian

87

Edenvale

  • Job Centers

Almaden

  • North Coyote

Coyote

85

  • Edenvale
  • Evergreen
Future Growth Locations
  • North San Jose
  • Downtown

North San Jose

  • Transit-Oriented Development

Corridors

san jose has sufficient housing planned existing general plan includes 60 000 units
San Jose has Sufficient Housing Planned: Existing General Plan includes 60,000+ Units*

*Does not include potential units in Evergreen, Coyote Valley, or South Almaden Valley

san jose s employment lands
San Jose’s Employment Lands
  • Definition: Non-residential designated land supporting private-sector employment
  • High Impact: Employment lands provide 60% of City Revenues
  • Limited Supply: Only 15% of City land is designated as employment land
since 1990 san jose has converted 9 of all employment lands
Since 1990, San Jose has Converted 9%of all Employment Lands

Total Converted Acreage 1,400

Acres of Employment Land Available

Conversion rate nearly doubled in recent period:

1990-2000: 68.6 ac/yr

2001-2006: 119.7 ac/yr

san jose has lost over 1 400 acres of employment land since 1990
San Jose has lost over 1,400 acres of Employment Land since 1990

Lost Job Capacity: 68,000-110,000 jobs

3,000 to

5,000 jobs

40,000 to

60,000 jobs

10,000 to

15,000 jobs

5,000 to

15,000 jobs

10,000 to

15,000 jobs

san jose remains the valley s bedroom community
San Jose Remains the Valley’s Bedroom Community

Progress lost in recent period:

(San Jose Jobs per Employed Resident)

Jobs per Employed Resident (2005)

Average: 1.19

* Source ABAG Projections 2007

slide10

San Jose’s Revenue per Capita* Among Lowest in Region and State

*General Fund Revenues (property, sales, utility taxes, etc) Source: Individual City Budgets FY 06/07

less employment land equals revenue shortfalls

Surplus (1%)

Surplus (2.5%)

Balanced (0%)

Balanced (0%)

Deficit (-3.5%)

Less Employment Land Equals Revenue Shortfalls

Projected General Fund Budget Surplus/Deficit 2006-2007

revenues from various land uses
Revenues from Various Land Uses

**Employment lands generate significantly more revenue than residential uses (<55 Units/Acre)

framework for the preservation of employment lands 2007
Framework for the Preservation of Employment Lands (2007)
  • No Net Loss of Heavy and Light Industrial Acreage
  • Retain Citywide Job Capacity
  • Maintain Employment Lands for Non-Residential Uses
slide14

Framework for the Preservation of Employment Lands

  • Discourage Conversion in Key Employment Areas
opportunities for action
Opportunities for Action
  • Link with “sustainability” objectives
  • Foster green businesses
  • Encourage a real mix of uses at transit
  • Facilitate regional solutions
  • Enhance political will
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