AgdaPkt 2020-11-16 Special - Laserfiche WebLink

Browse Search

5.A. - Pa 30 of 02 E# �a m -ram Mallon ('nurtty Ftnn, Ikxminntna Accnrl9finn C E D A ft!1 R ■ EXECUTIVE COMMITTEE Sherri Sager Chair of the Hoard Lucile Packard Children's Hospital Stanford Ariane Hogan Vice Chair Genentech Robert Webster Vice Chair Bohannon Development Company Steve Mincey Past Chair of the Board DES Architects + Engineers, Inc. Paul Casias Vice Chair of Finance My -Business -Advisor LLP Elaine Breeze Secretary SummerHig Apartment Communities Rosanne Foust President & CEO SAMCEDA DIRECTORS Emylene Aspilla Son Francisco Intemational Airport hospitals, schools, grocery stores, and other workplaces, supporting the economy with annual wages totaling approximately $6.4 billion. Without child care, many parents and caregivers in San Mateo County will be forced to leave the workforce, resulting in a potential decrease in economic activity of up to $3.6 billion in lost wages. South Main Mixed -Use sets a new standard of developer -funded child care infrastructure which will attract operators who serve low-income families and is located next to new affordable housing and job centers which reduces car trips. Redwood City, and every city in the County, can point to this project as the expectation for new child care in mixed-use projects. Every new slot will make a difference in supporting Redwood City's economic recovery by allowing parents to know their children are safe and cared for if they return to work. SMALL BUSINESS RECOVERY The "shelter -in-place" orders devastated downtown Redwood City and its small business owners. Many have already closed and many more may not survive, but those that do need every customer they can get. The site of the South Main Mixed -Use project is the right place for this type of development and creates both near-term construction jobs and long-term new residents and office workers. All of these represent customers that our local businesses will need to survive the economic recession and ensure a lasting economic recovery. Franko Heritagea BankBank of Commerce SAMCEDA has worked side -b sidith the Cthe of Redd Cit and the Chamber of side-by-side wCounty, e Cy wooy, Norman Book, Jr. Commerce to help businesses survive, including the distribution of $663,000 in emergency grants to Carr McClellan small businesses in Redwood City earlier this year. The need for customers and revenue has not Ken Busch decreased — it has only increased. Sores Regis Group of NORhern California Carol Donnelly Emborcadero Capital Partners, LLC Shelley Doran Webcor William Graham Sequoia Hospital/A Dignity Health Member Rick Knauf Colliers International Sunil Pandya Wells Fargo Frank R. Petrilli Arent Fox LLP Mario Puccinelli Recology San Mateo County Doug Reynolds Kaiser Permanente Jonathan Scharfman Randy Smith Oracle America, Inc. Ashley Stanley BKF Engineers Lucy Wicks Stanford University EMERITUS ADVISOR TO THE CHAIR T. Jack Foster, Jr. Foster Enterprises THE FUTURE OF OFFICE SAMCEDA members include some of San Mateo County's largest employers, general contractors, property owners and managers, commercial real estate brokers, and thought leaders. No one is predicting the death of office in Redwood City or San Mateo County. Office and lab construction continue unabated in South San Francisco and San Carlos, commercial property sales and leasing continues at a strong pace across the Peninsula, and major employers are planning for the return of workers next year. Companies and workers understand that there will be a return to a new normal at some point and they will want to return to an office located near a vibrant downtown and Caltrain station. A place like Redwood City. Thank you for consideration of this public comment and for your service. Sincerely, Rosanne Foust President and CEO, SAMCEDA 1900 O'Farrell Street, Suite 380 ( San Mateo, California 94403 1 650.413.5600 1 info@samceda.org I www.samceda.org 305