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Milpitas Redevelopment
 

Milpitas Redevelopment

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    Milpitas Redevelopment Milpitas Redevelopment Presentation Transcript

    • Redevelopment in the City of Milpitas Diana Barnhart Economic Development Manager City of Milpitas
    • Three town hall meetings for the Milpitas community to learn  more about the Milpitas Redevelopment Agency. THURSDAY SATURDAY MONDAYFebruary 24th February 26th February 28th7:00pm to 8:30pm 2:00pm‐3:30pm 6:30pm‐8:00pmMultipurpose Room Committee Room,  Community  1st Floor AuditoriumThe Milpitas Library Milpitas City Hall Milpitas Senior CenterRedevelopment in the City of Milpitas
    • Overview of Slideshow • Show the legacy of  benefits of redevelopment  projects for Milpitas • Explain how the Milpitas  Redevelopment Agency  works • Encourage voters to  engage state  representatives about  the importance  of redevelopmentRedevelopment in the City of Milpitas
    • The city of Milpitas has fundamentally changed and improved  since 1958, thanks to the funding and energy provided by  projects of the Milpitas Redevelopment Agency.Redevelopment in the City of Milpitas
    • Businesses Attracted By Milpitas Redevelopment Zones Great MallRedevelopment in the City of Milpitas
    • Redevelopment in the City of Milpitas
    • Redevelopment in the City of Milpitas
    • Founded in 1958, the mission of the Milpitas Redevelopment  Agency is to eliminate blight, to increase job growth and  business growth, and to provide affordable housing. Redevelopment in the City of Milpitas
    • How Redevelopment Works The Agency creates  redevelopment areas  Help build businesses  and beautify the  community. Milpitas Public Library City Hall Barbara Lee Senior Center KLA‐Tencor Sandisk Piercey‐Toyota South Bay Honda Great Mall of Northern CATown Center Shopping Center Future BART Station Redevelopment in the City of Milpitas
    • Barbara Lee Senior CenterMilpitas Public Library City Hall Town Center Shopping Center KLA‐Tencor SandiskSouth Bay Honda Piercey‐Toyota Great Mall of Northern CA Linear Technology Future BART Station
    • As property becomes more valuable due to major improvements made through redevelopment investments, the increased value generates more  tax dollars in the “Tax Increment.” This tax increment goes to the  Redevelopment Agency to meet bond obligations, pay for new projects  and fund public schools and other agencies through pass‐throughs.Redevelopment in the City of Milpitas
    • Significant Redevelopment Achievements • Provided assistance to the  developers of the Great  Mall through renovation of  the Ford assembly plant • Built the new Milpitas  Public Library  • Built three freeway  interchanges on the heavily  used highway I‐880  • Implemented flood zone  improvements that helped  to attract businesses in  southwest Milpitas such as  Cisco Systems and KLA‐ Tencor among many othersRedevelopment in the City of Milpitas
    • Redevelopment projects have attracted between  10,000 ‐ 15,000 jobs to Milpitas. Many of the  largest employers in Milpitas are located in  redevelopment areas, attracted to Milpitas through  the citys redevelopment policies.  Large businesses provide opportunities to the small  businesses in close proximity. Redevelopment in the City of Milpitas
    • Affordable HousingRedevelopment in the City of Milpitas
    • Redevelopment in the City of Milpitas
    • Image by Midpen Housing CorporationRedevelopment in the City of Milpitas
    • Status of Affordable Housing Stock – Milpitas, CARedevelopment in the City of Milpitas
    • The Status of Redevelopment • California is facing a severe  budget crisis• State budget – could eliminate  redevelopment fundingRedevelopment in the City of Milpitas
    • The Immediate Future of Redevelopment is in Flux • Friday, February 18th – State and  Assembly Budget Committees  vote to eliminate redevelopment  • “Reforms in lieu of elimination“ – Assembly Budget Committee • Budget must be approved by  State Legislature Floor Vote • Dep’t of Finance Issued  Emergency Elimination  Legislation Today  (Wed. Feb 23rd)  • Governor Brown sets target for  decision for March 10thRedevelopment in the City of Milpitas
    • While the City of Milpitas recognizes that reforms to redevelopment  can be helpful, ending the Milpitas Redevelopment Agency would  mean the loss of not only millions in transfer funding but also put  needed work on community betterment at risk.Redevelopment in the City of Milpitas
    • Recent Successful Redevelopment Project• Protection of jobs at Flextronics Inc.• Flextronics Inc. manufactures  SunPower solar panels in Milpitas• Milpitas hosts the only U.S.  manufacturing plant for  SunPower solar panels. “Milpitas picked for SunPower manufacturing” – Silicon Valley Business Journal “Arnold, SunPower, Flex Bring 300 Greentech Jobs to California” – Greentechmedia.comRedevelopment in the City of Milpitas
    • Redevelopment Achievements in Milpitas • Great Mall  • Milpitas Library  • Milpitas Community Center • City Hall • Police Station • Terrace Gardens Senior Housing • Montague interchange with I‐880 • Tasman/I‐880 Interchange • 237‐I‐880 Interchange • Milpitas Senior Center • Fire Station 1  • Dixon Landing Interchange • Calaveras Blvd. Widening • Montevista Apartments Redevelopment in the City of Milpitas
    • Redevelopment Efforts at Risk• Major infrastructure improvements  that will protect job centers and  many residential neighborhoods for  continued community development. • Financial assistance for business  retention and attraction.• Continued flood control.Redevelopment in the City of Milpitas
    • Long‐Term Projects at Risk• Infrastructure projects to  support Transit Area  Master Plan.• Redevelopment of older,  blighted shopping centers.• Revenue generating projects  such as a conference center.• Community serving facilities  such as the new Senior  Center and Public Library.Redevelopment in the City of Milpitas
    • Additional in‐depth information on redevelopment can be found  on The City of Milpitas Redevelopment Agency’s Website http://bit.ly/MRA2011Redevelopment in the City of Milpitas
    • Call or Email Your State Representatives Today to Save Redevelopment Bob Wieckowski State Assemblyman assemblymember.wieckowski@assembly.ca.gov Capitol Office:  District Office:  State Capitol 39510 Paseo Padre  P.O. Box 942849 Parkway Suite 280 Sacramento, CA 94249‐0020 Fremont, CA 94538 Ph: (916) 319‐2020 Ph: (510) 440‐9030 Fx: (916) 319‐2120 Fx: (510) 440‐9035 Ellen Corbett Senate Majority Leader senator.corbett@senate.ca.gov Capitol Office: Fremont District Office: State Capitol, Room 313 39155 Liberty St., #F610 Sacramento, CA 95814 Fremont, CA 94538 Ph: (916) 651‐4010 Ph: (510) 794‐3900 Fx: (916) 327‐2433 Fx: (510) 794‐3940Redevelopment in the City of Milpitas