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 February 24th 7:00pm to 8:30pm Multipurpose Room The Milpitas Library SATURDAY February 26th 2:00pm-3:30pm Committee Room, 1st Floor Milpitas City Hall MONDAY February 28th 6:30pm-8:00pm Community Auditorium Milpitas Senior Center
Overview of Slideshow <ul><li>Show the legacy of benefits of redevelopment projects for Milpitas </li></ul><ul><li>Explain how the Milpitas Redevelopment Agency works </li></ul><ul><li>Encourage voters to engage state representatives about the importance of redevelopment </li></ul>
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.
Businesses Attracted By Milpitas Redevelopment Zones Great Mall
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.
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 CA Town Center Shopping Center Future BART Station
KLA-Tencor Sandisk Barbara Lee Senior Center City Hall Town Center Shopping Center Milpitas Public Library Great Mall of Northern CA South Bay Honda Piercey-Toyota 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.
<ul><li>Provided assistance to the developers of the Great Mall through renovation of the Ford assembly plant </li></ul><ul><li>Built the new Milpitas Public Library </li></ul><ul><li>Built three freeway interchanges on the heavily used highway I-880 </li></ul><ul><li>Implemented flood zone improvements that helped to attract businesses in southwest Milpitas such as Cisco Systems and KLA-Tencor among many others </li></ul>Significant Redevelopment Achievements
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 city's redevelopment policies. Large businesses provide opportunities to the small businesses in close proximity.
Status of Affordable Housing Stock – Milpitas, CA
<ul><li>California is facing a severe budget crisis </li></ul><ul><li>State budget – could eliminate redevelopment funding </li></ul>The Status of Redevelopment
<ul><li>Friday, February 18 th – State and Assembly Budget Committees vote to eliminate redevelopment </li></ul><ul><li>“ Reforms in lieu of elimination“ – Assembly Budget Committee </li></ul><ul><li>Budget must be approved by State Legislature Floor Vote </li></ul><ul><li>Dep’t of Finance Issued Emergency Elimination Legislation Today (Wed. Feb 23 rd ) </li></ul><ul><li>Governor Brown sets target for decision for March 10 th </li></ul>The Immediate Future of Redevelopment is in Flux
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.
<ul><li>Protection of jobs at Flextronics Inc. </li></ul><ul><li>Flextronics Inc. manufactures SunPower solar panels in Milpitas </li></ul><ul><li>Milpitas hosts the only U.S. manufacturing plant for SunPower solar panels. </li></ul>Recent Successful Redevelopment Project “ Milpitas picked for SunPower manufacturing” – Silicon Valley Business Journal “ Arnold, SunPower, Flex Bring 300 Greentech Jobs to California” – Greentechmedia.com
Redevelopment Achievements in Milpitas <ul><li>Great Mall </li></ul><ul><li>Milpitas Library </li></ul><ul><li>Milpitas Community Center </li></ul><ul><li>City Hall </li></ul><ul><li>Police Station </li></ul><ul><li>Terrace Gardens Senior Housing </li></ul><ul><li>Montague interchange with I-880 </li></ul><ul><li>Tasman/I-880 Interchange </li></ul><ul><li>237-I-880 Interchange </li></ul><ul><li>Milpitas Senior Center </li></ul><ul><li>Fire Station 1 </li></ul><ul><li>Dixon Landing Interchange </li></ul><ul><li>Calaveras Blvd. Widening </li></ul><ul><li>Montevista Apartments </li></ul>
<ul><li>Major infrastructure improvements that will protect job centers and many residential neighborhoods for continued community development. </li></ul><ul><li>Financial assistance for business retention and attraction. </li></ul><ul><li>Continued flood control. </li></ul>Redevelopment Efforts at Risk
<ul><li>Infrastructure projects to support Transit Area Master Plan. </li></ul><ul><li>Redevelopment of older, blighted shopping centers. </li></ul><ul><li>Revenue generating projects such as a conference center. </li></ul><ul><li>Community serving facilities such as the new Senior Center and Public Library. </li></ul>Long-Term Projects at Risk
Additional in-depth information on redevelopment can be found on The City of Milpitas Redevelopment Agency’s Website http://bit.ly/MRA2011
Capitol Office: State Capitol P.O. Box 942849 Sacramento, CA 94249-0020 Ph: (916) 319-2020 Fx: (916) 319-2120 Bob Wieckowski State Assemblyman Capitol Office: State Capitol, Room 313 Sacramento, CA 95814 Ph: (916) 651-4010 Fx: (916) 327-2433 Ellen Corbett Senate Majority Leader Call or Email Your State Representatives Today to Save Redevelopment [email_address] [email_address] District Office: 39510 Paseo Padre Parkway Suite 280 Fremont, CA 94538 Ph: (510) 440-9030 Fx: (510) 440-9035 Fremont District Office: 39155 Liberty St., #F610 Fremont, CA 94538 Ph: (510) 794-3900 Fx: (510) 794-3940
A particular slide catching your eye?
Clipping is a handy way to collect important slides you want to go back to later.