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Land Use <br />•Light industrial uses are an important sector of the economy <br />–Contribute to economic diversity = resilience during economic shifts/disruptions <br />–Support middle-income jobs w/less than bachelor’s degree <br />–Support regional supply chain = local, timely access to goods, materials, and services <br />for other sectors and residents <br />–Contribute to local tax base <br />•1,100+ jobs in expansion area; ~60% in manufacturing, robotics, and industrial supply <br />•Consistency w/City land use policy: new development focused in/adjacent to Downtown <br />and within ½ mile of Caltrain Station/SamTrans Bus Depot <br />8 of 15 <br />Factors for Consideration: Land Use <br />Peterson Precision Engineering <br />611 Broadway <br />Bear Robotics <br />785 Broadway