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<br /> Consolidated Plan CITY OF PLEASANTON 24 <br /> OMB Control No: 2506-0117 (exp. 09/30/2021) <br /> <br /> <br />Describe any major changes that may have an economic impact, such as planned local or <br />regional public or private sector investments or initiatives that have affected or may affect <br />job and business growth opportunities during the planning period. Describe any needs for <br />workforce development, business support or infrastructure these changes may create. <br /> <br />Pleasanton has two new hotels: the 122-room Springhill Suites hotel which opened in December 2023 <br />and the 110-room TownePlace Suites hotel which opened March 2024). The new 16,000-square-foot <br />Costco warehouse store, which also has 768 parking stalls and 15 double-sided fuel pumps at its Costco <br />gas station, opened in November 2024. The 2 hotels and the Costco warehouse were part of the larger <br />Johnson Drive Economic Development Zone initiative that aims to redevelop approximately 40 acres of <br />land near the Stoneridge Drive and I-680 into a commercial corridor. These newly opened businesses <br />not only provides hundreds of jobs, but will also contribute to increasing the City’s tax revenues <br />[transient occupancy tax (TOT) and sales tax]. <br /> <br />How do the skills and education of the current workforce correspond to employment <br />opportunities in the jurisdiction? <br /> <br />Pleasanton’s largest employers, such Workday and Kaiser, are economic anchors that attract talented <br />and skilled employees and additional business activity through the growth of the supply chain network <br />and the creation of new, related businesses. These companies also represent the majority of <br />Pleasanton’s 62,000+ jobs, and find a sufficient labor pool to meet demand. However, many retail, <br />service and hospitality industry sector companies have difficulty in attracting and hiring workers given <br />that many do not live in the city or Tri-Valley. <br /> <br />Describe any current workforce training initiatives, including those supported by Workforce <br />Investment Boards, community colleges and other organizations. Describe how these efforts <br />will support the jurisdiction's Consolidated Plan. <br /> <br />Among Pleasanton’s local workforce development partners are: <br /> <br />o Tri-Valley Educational Collaboration (TEC) is a collaborative effort to prepared students for college and <br />careers through a collaborative forum that evaluates and plans Career Technical Education <br />articulation strategies through a regional effort among the education jurisdictional governing boards <br />(i.e., school district boards). <br /> <br />o Tri-Valley Career Center offers resources for both job seekers and employers across all industries <br />and professions. <br /> <br />Other local workforce development programs available for low-income and unemployed Pleasanton <br />residents include the Amador Valley Adult and Community Education, the Tri-Valley Regional <br />Occupation Program, and the Chabot-Las Positas Community College’s Tri-Valley Pathways to <br />Employment Program. <br /> <br /> <br /> <br />Page 188 of 694