Pleasanton's economy gaining in 2011 | February 4, 2011 | Pleasanton Weekly | PleasantonWeekly.com |


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Pleasanton Weekly

Opinion - February 4, 2011

Pleasanton's economy gaining in 2011

We're not saying the recession is over, but from Pleasanton's perspective, 2011 is shaping up to be a better year than we've seen in quite a while. Last month, the county's Local Agency Formation Commission (LAFCo), where Mayor Jennifer Hosterman is a board member, voted to annex the undeveloped 124-acre parcel southwest of I-580 and El Charro Road into Pleasanton, paving the way for millions of dollars in new business and residential development. Next Thursday, Safeway will break ground on a new "Lifestyle" supermarket at Bernal and Valley avenues next to I-680, another multi-million-dollar project. On Feb. 18, BART will open its new Pleasanton/Dublin West station near Foothill Road. This spring, Clorox will start moving 1,100 managers, researchers and other employees into the office complex it has acquired at Hopyard Road and Johnson Drive. Add to all this a report by the city Finance Director Emily Wagner on Tuesday night that sales tax revenue is inching up this fiscal year from last year's 10-year low of $15 million. 2011 does look promising for Pleasanton.

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