East Bay Economic Development Alliance > Communications > Membership Newsletters > January 2008 East Bay EDA News

January 2008 Edition

East Bay EDA East Bay EDA News
Sunset view of the Golden Gate Bridge from the East Bay

Calendar of Events

Bay Area World Trade Center Products Showcase 2008
January 31, 2008
Pacific Renaissance Plaza
Oakland Chinatown
San Francisco Business Times' Annual Mayors' Economic Forecast
February 6, 2008
Oracle Conference Center
Redwood Shores
East Bay Business Times' Growth Cities Fairfield Power Breakfast
February 7, 2008
Hilton Garden Inn
Fairfield

Sponsorship

Interested in sponsoring this newsletter? For more information on this and other East Bay EDA sponsorship opportunities visit our sponsorship page.
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January 2008

Message from the Editor

Happy New Year from East Bay EDA!  We look forward to continued collaboration with you throughout the coming year to to bring investment to the East Bay region.

As a member of East Bay EDA, we'd like to hear from you regarding the content of East Bay EDA News. Please contact us.


Legislative Reception and Vision Awards event a success

Over 170 members gathered to recognize East Bay Leaders

The annual East Bay Legislative Reception and Vision Awards event was held January 10, 2008 at the Oakland Museum and was a great success.  Over 170 East Bay EDA members gathered to recognize East Bay leaders and to honor the 2008 East Bay Vision Award winners, State Senate President pro Tem, Don Perata and Lawrence Berkeley Lab Director, Steve Chu.

Congresswoman Barbara Lee, Senator Tom Torlakson, Assemblymember Loni Hancock and Assemblymember Mary Hayashi were all in attendance at the event and shared their priorities for the coming year with the audience.

View highlights of the Legislative Reception, including a video message from Senator Perata, who was not able to attend the event..

East Bay EDA Focuses on housing and subprime mortgage crisis

Executive Committee met with regional economist to discuss issue

Dr. Cynthia Kroll, Senior Regional Economist for the Fischer Center for Real Estate & Urban Economics with the University of California at Berkeley, met with the Executive Committee in December to discuss the housing and subprime mortgage crises. Dr. Kroll provided a preliminary analysis of housing foreclosure activity in the East Bay and potential impact on local government through revenue loss or delayed infrastructure improvements (view Dr. Kroll's presentation). Members authorized staff to work with State and Federal officials to seek reforms to protect homeowners, assist laid off workers and support local government efforts to revitalize the East Bay’s housing and financial services sectors.

MTC Finalizes plan to Improve Trade Corridors

Plan will increase investment in key rail and highway projects

East Bay EDA is working with the staff of the Metropolitan Transportation Commission (MTC) to finalize the Bay Areas’ plan - scheduled to be submitted to the California Transportation Commission (CTC) for funding under the State’s “Trade Corridors Improvement Fund “program. The plan would increase goods movement throughput by investing in key rail and highway projects.

The plan, which has been in development over the past year, represents a major step forward to improve goods movement within the East Bay and Northern California. East Bay EDA members have worked to promote community consensus on key goods movement investments and convened working groups around rail corridors to minimize community impacts Last month East Bay EDA provided input to the California Transportation Commission on the “Trade Corridors Improvement Fund” project guidelines and in December the Executive Committee met with Jim Bourgart, Deputy Director for the State Business, Transportation & Housing Agency to promote Northern California’s Trade Corridor Plan.

Central Contra Costa County Economic Developers meet

Contra Costa County WDB and City of Pleasant Hill organized meeting

Economic development professionals from Central Costa County cities met last week in Pleasant Hill to discuss regional economic development, share best practices, and plan future collaborative training and informational sessions for area businesses.

The meeting was organized by Kelly Calhoun, Economic Development Director for the city of Pleasant Hill, and George Carter, Business Services Representative with the Workforce Development Board of Contra Costa County, who plan to hold these meetings quarterly.  George is also working to organize similar meetings for cities in West Contra Costa County.  For more information please contact George Carter at (925) 646-5559.

East Bay Q1 Forecast for 2008 to focus on consumer spending

Forecast will be released in early February

The first East Bay Economic Forecast for 2008 will focus on the effects of the housing slump and subprime mortgage crisis on consumer spending in our region.  As always, the forecast will also include sections on East Bay employment and real estate.

To read previous forecasts, please visit the Research, Facts & Figures section of eastbayeda.org.

Be a part of East Bay EDA News

Members are encouraged to submit stories, event listings

In an effort to make East Bay EDA News more valuable to our readers, we'd like to ask you to submit stories and event listings from your city, organization or business. Stories should be between 1 and 4 short paragraphs in length, include at least one contact name and/or website link for more information, and should be submitted by the first Friday of the month in which you would like the story to run. Stories can be submitted to stephanie@eastbayeda.org.

Finally, don’t forget to place your organization’s events on the East Bay Regional Events Calendar.  Just login to the "Members Only" section and select Post to the Regional Events Calendar. Visit the East Bay Economic Development Alliance section of our website to find the member login and calendar links.

 

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