ECONOMIC VITALITY COMMITTEE AGENDA PACKET

ECONOMIC VITALITY COMMITTEE REPORT 3 August 21, 2025 Economic Development TITLE: A HACIENDA VIEW PRESENTATION BACKGROUND In August 2023, the City Council adopted the updated Economic Development Strategic Plan (EDSP) which the Economic Vitality Committee uses as the foundation for its work. The plan comprises of 5 Implementation Plan Priorities: 1.0 Economic Development Capacity Building 2.0 Business Retention, Expansion & Attraction 3.0 Local Revenue Growth 4.0 Entrepreneurship & Innovation Outreach 5.0 Major Projects Accelerator Program There are specific actions items under Priority 1.0 Economic Development Capacity Building, 2.0 Business Retention, Attraction & Expansion Program, and 4.0 Entrepreneurship & Innovation Outreach that are related to the partnership with Hacienda: 1.4 Formalize Community & Business Partnerships The Economic Development Division will continue to leverage existing regional strategic partnerships though expanded collaboration on the implementation of the City’s new Business Retention, Expansion and Attraction Program. 2.3 Formalize Recurring Employer/Business Meetings to Create Touchpoints with City The Economic Development Division will plan and deliver recurring employer/business meetings to build personal relationships and expand the City’s list of community champions through exceptional customer service. 4.1 Enhance Regional Partnerships One of Pleasanton’s greatest strengths is its location within a region with a critical mass of entrepreneurship and innovation activity. Entrepreneurship and innovation programming is a synergistic activity that must build upon the City’s existing ecosystem. Extending and strengthening these regional partnerships will require sustained focus on networking and program development. DISCUSSION Hacienda, managed by the Hacienda Business Park Owners Association, is the largest development of its kind in Northern California at 875 acres. Hacienda began its first