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Commercial Activity <br /> <br /> 1986 total taxable transactions in the City were more than <br />131% greater than in 1981. Stoneridge Center, a large regional <br />shopping center located at the intersection of Interstate <br />Highways 580 and 680, has three full-line department stores, <br />Macy's, Emporium-Capwetl and J. C. Penney Company as well as <br />approximately 130 smaller shops, restaurants and service <br />establishments, In addition, Stoneridge Center has a signed <br />agreement with Nordstrom's department store. Ground breaking <br />is scheduled for fall of 1988. There are also a number of <br />neighborhood shopping centers in the City. The City's cenZral <br />business district is located in downtown Pleasanton in the <br />southern portion of the City. The following presents taxable <br />transactions for the City from 1981 through 1986. <br /> <br /> CITY OF PLEASANTON <br /> TAXABLE TRANSACTIONS <br /> (in thousands of dollars) <br /> <br /> Retail Stores Total All Outlets <br /> No. of Taxable No. of Taxable Percent <br />Year Permits Transactions Permits Transactions Increase <br /> <br />1981 298 $124,785 834' $179,925 Base Year <br />1982 330 146,698 909 193,568 8% <br />1983 356 174,001 993 239,754 24 <br />1984 380 213,345 1,071 292,229 22 <br />1985 422 239,548 1,205 336,816 16 <br />1986 511 274,180 1,328 416,032 24 <br /> <br />Source: California State Board of Equalization. <br /> <br />Buildinq and Construction <br /> <br /> The following table shows the value of building permits <br />issued in the City between 1981 and 1986. Several major <br />residential subdivisions and apartment complexes have been <br />constructed recently. Construction of retail, commercial and <br />health services facilities head the list of commercial permits. <br /> <br /> 43 <br /> <br /> <br />