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HomeMy WebLinkAboutItem 06 - Presentation Economic Development ECONOMIC DEVELOPMENT: DRIVING REVENUE & BUSINESS GROWTH Economic Development Update to City Council MAY 5, 2026 1 WHAT WE DO Economic Development helps businesses: Our work helps generate revenue, create jobs, attract private investment, and strengthen Santa Ana’s long-term fiscal health. 2 HOW WE SUPPORT BUSINESSES Supporting Businesses at Every Stage Hands-on support to help businesses start, grow, and navigate City processes 3 MAKING IT EASIER TO DO BUSINESS Cross-Department Coordination Planning & Building Public Works Workforce Partners Permit Streamlining = Faster approvals PBx, POD Service Accela Infrastructure Coordination Utility access Site readiness support Safe business environment Attend business meetings (SC Metro Alliance, Bristol) 602 Form (Trespassing) Job Pipelines Hiring events Employer connections Police 4 5,685 new businesses licenses Top 100 Revenue generating business visits entrepreneurs assisted at the Business Assistance Office 300+ Business Hotline calls 250+ attendees at the monthly Business Startup workshops 200+ grants disbursed to program participants (Asociación de Emprendedor@s) $29K businesses completed the Asociación de Emprendedor@s program 84 Business Concierge & Resources DELIVERED 5 $57.5K invested in business start-up grants 53,839 hours of paid work experience provided to youth interns (SAY Program) Job seekers supported at Santa Ana WORK Center 1,697 invested in workforce services $550K+ DELIVERED Business Grants & Employment Services 1,200+ Apprenticeship fair attendees 4,100+ Employers engaged for job fairs 212+ Job seekers served at11 job fairs hosted by the Santa Ana WORK Center youth successfully placed in paid professional positions (SAY Program) & 92 have been hired permanently 714 6 $150K invested into Art Walk 43 Artist grants awarded with a total of $380K funded attendees at the Sahuayo Sister Cities Business Expo (’25 & ’26) 2,500+ Sahuayo Sister Cities Mural Collaboration in DTSA Hosted the Vietnamese Business Forum $150K funded to Bridging the Graffiti Arts Program (G.A.P) with 50 students successfully completing the program Arts and Culture DELIVERED 7 Step-by-step startup guide Our Business Startup Roadmap provides step-by-step guidance, including industry-specific guides, to help entrepreneurs navigate requirements, timelines, and next steps with confidence. BUSINESS START-UP GUIDES Helping Businesses Launch Industry Guides: Starting a Business Road Map 8 Using Digital Tools to Support Visibility, Growth, and Attraction MARKETING & BUSINESS PROMOTION Promoting Santa Ana Businesses 12,000+ Views on Made in Santa Ana videos across all platforms 10,000+ Subscribers to Monthly Newsletter Social Media Accounts: Instagram Facebook LinkedIn 200,000+ Views from Collab posts with businesses & influencers 9 RECENT BUSINESSES CHOOSING SANTA ANA 10 11 BUSINESS EXPANSIONS 12 MainPlace Mall 2800 N. Main Street The Carina & Culinary District 13 Related Bristol 3600 S. Bristol Street 14 Robinson Pharma 3501 W. Segerstrom Ave. Expansion 15 Anduril Industries 3100 S. Harbor Blvd. Harbor Logistics Center 16 Dyer Distribution Center 300 E. Dyer Rd. 17 RETAIL VACANCY COMPARISON Retail vacancy remains low and competitive Percentage 4.1% 9.6% 4.35% 4.1% 18 OFFICE VACANCY COMPARISON Airport-area inventory impacts Santa Ana totals Percentage Santa Ana Airport office submarket vacancy: 22.5% (10.05% -Core of Santa Ana) 16.15% 13.80% 12.86% 13.52% 19 INDUSTRIAL VACANCY COMPARISON Santa Ana remains highly competitive in industrial occupancy Percentage 4.08% 6.62% 8.92% 5.79% 20 SANTA ANA DEVELOPMENT MOMENTUM 21 22 Advancing Hotel Opportunities in Santa Ana Hotel Feasibility Study Cannabis Friendly Hotel Hampton Inn (near Bowers Museum) Ayres Hotel site discussions Previous hotel proposal: Brookhollow Hotel Site (Former Crazy Horse Saloon) HOTEL DEVELOPMENT ACTIVITY & OPPORTUNITY 23 Public Realm Plans GENERAL PLAN: FIVE FOCUS AREAS South Main Street 1 2 Grand Avenue/17th Street West Santa Ana Boulevard 55 Freeway/Dyer Road 3 4 5 South Bristol Street 24 Citywide Priorities KEY INITIATIVE: ECONOMIC DEVELOPMENT Retain and expand existing businesses (industry clusters) 1 2 Attract new investment and quality jobs Strengthen workforce partnerships Support arts, culture, and placemaking 3 4 25 Revitalization KEY INITIATIVE: DOWNTOWN SANTA ANA Support downtown businesses and retention 1 2 Increase foot traffic through events and marketing Improve cleanliness, safety, and visitor experience Prepare for Streetcar opportunities and growth 3 4 26 Ground Floor Activation KEY INITIATIVE: MIXED-USE Identify mixed-use vacancies citywide 1 2 Recruit restaurants, retail, and service businesses Activate spaces with new business concepts Reduce barriers through City coordination 3 4 Mixed-Use Development in Action: Central Pointe & Watermarke 27 KEY INTIATIVE: VACANT ⟶ VIBRANT Identify vacant storefronts and properties 1 2 Engage property owners and brokers Market sites to prospective tenants Assist businesses through City permitting process 3 4 Activate Vacant Commercial Spaces HARBOR DOWNTOWN 17th ST. 1st ST. S. MAIN ST. BRISTOL 147+ commercial properties identified 28 1 EXPLORING REVENUE OPPORTUNITIES City-Owned Advertising Film/Creative Economy Creates new passive revenue Expands production activity Santa Ana Regional Transportation Center (SARTC) Santa Ana Stadium Arts & Entertainment District Expand event and revenue potential Drives tourism and activity Tenant attraction and development of property around SARTC Vacant Property Activation Incentivizes underused sites Willowick Redevelopment Strategic partnership potential Civic Center Revitalization Master Plan Master Plan 29 THANK YOU Our goal is to position Santa Ana for long-term economic success through: Revenue Growth Job Creation Business Investment Stronger Commercial Corridors 30