Community theater is back! - The Spectrum Magazine - Redwood ...
Community theater is back! - The Spectrum Magazine - Redwood ...
Community theater is back! - The Spectrum Magazine - Redwood ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Saltworks 50/50 Balanced Plan:<br />
“Revitalizes Local Economy”<br />
A new study of the Saltworks 50/50<br />
Balanced Plan projects the plan<br />
will create 1,000 new local jobs<br />
and generate $410 million in new<br />
spending at local businesses.<br />
<strong>The</strong> 50/50 Balanced Plan sets aside fifty percent of the<br />
1,400-acre Saltworks site for active parks, open space and<br />
restored tidal marsh uses. <strong>The</strong> remaining fifty percent of the<br />
site will become a transit-oriented community with new<br />
homes, schools and shops.<br />
“<strong>The</strong> ability to inject th<strong>is</strong> kind of permanent<br />
spending into the local community<br />
and economy <strong>is</strong> one of the most welcome<br />
aspects of the Saltworks Project.”<br />
— Larry Buckmaster, President and CEO, <strong>Redwood</strong> City – San Mateo<br />
County Chamber of Commerce.<br />
“<strong>The</strong> Saltworks project changes the<br />
dynamic of our local economy. We would<br />
go from laying off valuable workers<br />
to hiring workers. Th<strong>is</strong> <strong>is</strong> extremely<br />
important considering we’re suffering<br />
from a 30 percent unemployment rate in<br />
the construction trades.”<br />
— Bill Nack, Business Manager for the San Mateo County Building<br />
Trades Council.<br />
Thousands of New Local Jobs<br />
<strong>The</strong> estimated 30-year build out of the Saltworks site will<br />
create 1,000 new jobs for local workers and generate close to<br />
$2 billion in wages and benefits for local families.<br />
$410 Million Boost for Local Businesses<br />
Saltworks residents will increase local retail spending by<br />
$410 million annually. Businesses closest to the Saltworks<br />
site can expect the largest increase in sales. Downtown<br />
Mary Huss of the San Franc<strong>is</strong>co Business Times speaks at the Saltworks<br />
Economic Forum on June 16, 2010. <strong>The</strong> Business Times was a co-sponsor<br />
of the Forum.<br />
retailers in particular can expect a significant increase in<br />
sales — perhaps as much as a 100 percent increase — from<br />
the Saltworks which sits just half a mile from downtown<br />
businesses.<br />
For more information go to www.RCSaltworks.com<br />
Email us at info@RCSaltworks.com<br />
Call us at 650-366-0500<br />
<strong>Redwood</strong> City<br />
Saltworks<br />
Follow Saltworks on Facebook, Twitter and YouTube.<br />
<strong>Spectrum</strong>_fullpg_EconomyAd.indd 1<br />
www.<strong>Spectrum</strong><strong>Magazine</strong>.net<br />
7/28/10 3:48:13 PM
Change language