|
|
|
|
|
|
|
|
 |
Redevelopment: Building a Better Community
Job Creation |
Redevelopment activities generate jobs and economic activity that provide tremendous benefits to California and local economies.
|
· In 2006-2007, redevelopment activities in California generated $40.8 billion in economic activity such as the generation of goods and services.
· Redevelopment supported nearly 304,000 new full- and part-time jobs in just one year (2006-2007).
· Every $1 of redevelopment agency spending generates nearly $13 in total economic activity (goods and services) in one year.
|
From the mid-1960s to the present, over 5,000 permanent jobs and 3,000 construction-related jobs were created in downtown Santa Rosa due to the Santa Rosa Center redevelopment program.
|
Other examples include the Hyatt Vineyard Creek project in the Grace Brothers project area, which created 200 permanent jobs and 150 jobs during the construction phase. In addition to creating jobs, the hotel/conference center attracts visitors who shop, dine and play in Santa Rosa, supporting additional local jobs.
It is estimated that annually the Hyatt Vineyard Creek generates $27 million of local economic activity, a result of its direct payroll/jobs; goods and services that it purchases; money spent in the community by visitors; hotel occupancy and sales tax revenues for the City; and the circulation of all this money in the community.
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|