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Commercial Activity <br /> <br /> Total taxable transactions in 1988 in the City of Pleasanton were over 426 percent <br />(426%) greater than the 1979 figure. The opening of Stoneridge Shopping Center in 1981 is <br />largely responsible for the increased valuation of taxable sales. Stoneridge Center, a large <br />regional shopping center located at the intersection of Interstate Highways 580 and 680 has <br />three full-line department stores including Macys, Emporium, J. C. Penneys, Nordstroms <br />(planned to open in March 1990), and nearly 100 smaller shops, restaurants, and service <br />establishments. There are also a number of neighborhood shopping centers in the City. The <br />City's central business district is located in downtown Pleasanton in the southern portion of <br />the City. Table D-5 presents taxable transactions for the City from 1979 through the first <br />quarter of 1989. In 1988, retail transactions increased by 6.8 percent (6.8%), and total <br />transactions increased 16 percent (16%). <br /> <br />Table D-5 <br /> <br />CITY OF PLEASANTON <br />TAXABLE TRANSACTIONS <br />(In Thousands of Dollars) <br /> <br /> Retail Stores <br /> No. of Taxable <br />Year Permits Transactions <br /> <br /> Total all Outlets <br />No. of Taxable <br />Permits Transactions <br /> <br />1979 207 $ 51,923 <br />1980 223 81,264 <br />1981 298 124,785 <br />1982 330 146,698 <br />1983 356 174,001 <br />1984 380 213,345 <br />1985 422 239,548 <br />1986 511 274,180 <br />1987 642 274,180 <br />1988 734 412,172 <br />1989' 742 100,502 <br /> <br />666 $ 91,045 <br />737 123,013 <br />834 179,925 <br />909 193,568 <br />993 239,754 <br />1,071 292,229 <br />1,205 336,812 <br />1,328 416,032 <br />1,328 416,031 <br />1,599 603,487 <br />1,602 141,516 <br /> <br />* 1989 figures reflect 1st Quarter of 1989 only. <br /> <br />Source: California State Board of Equalization. <br /> <br /> <br />