Oakland Economy Now Vol 18 - March

Oakland Economy Now Newsletter Masthead March 2016

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NEW BUSINESSES

Digital Media Cluster Growing at Oakstop

A cluster of groundbreaking creative multimedia companies has taken root in the newly-expanded Oakstop, the co-working and arts space on 17th between Telegraph and Broadway. The synergistic group includes marketing and filmmaking storytellers One Bay Creative, cinematic photo and videographers Sutro Studios, animation team Monstro, video producers XLNC Media, and visual effects whizzes Mr. Smith (formerly of Industrial Light & Magic), operating the west coast’s premier fully integrated studio system for strategy-driven new media and innovation. Rounding out this creative group is The Game Changers Project, a national fellowship program for emerging filmmakers of color, Oaklabs, providing custom laser cutting, laser engraving and laser marking services, and iLoveBeingBlack, a 12-year old apparel and accessories e-retailer with 6.5 Million Facebook followers. 

Oakstop photo and logo

Destination Fruitvale

Anchored by the 800-employee La Clinica de la Raza, Arise High School, and the Oakland Public Library, the Fruitvale Transit Village continues to add community hotspots with destination-worthy offerings. Craft kitchen and beer garden The Half Orange and artisan ice cream maker Nieves Cinco de Mayo have attracted national attention for their unique food and atmosphere. Next door, Red Bay Coffee Roasters continues the love of community and nourishment that characterizes the neighborhood. Starting construction this year, the second phase of the Fruitvale Transit Village development project will add more housing and retail to this lively environment adjacent to the Fruitvale BART station.

Photo of NIeves Cinco de Mayo Ice Cream flavors

All-Produce Core Kitchen Opens in City Center

Another first in Oakland! Newly opened in City Center, Core Kitchen is the world's first produce-only restaurant. Serving 100% certified organic lunches, the restaurant is the newest offering from local producer CORE Foods, an Oakland-based B Corp that recently won the 2016 East Bay Innovation Award for food innovation. Core Foods’ strong local roots include preferential hiring from local workforce development programs and a food sourcing partnership with West Oakland cooperative Mandela Foods. The company also donates tens of thousands of meals to families in need. 

Core Foods Team

Developments

Developers Continue to Bet Big on Oakland’s Residential Market

Last month, the Oakland Planning Commission approved two mixed use projects in Uptown and Downtown with significantly high densities. The Hanover Company is approved to build 255 residential units and 37,000 square feet of retail at 2630 Broadway, a retail priority site in the Broadway-Valdez Specific Plan area. In Downtown, Lennar received approval for a 33-story residential tower with 254 residential units and 4,710 square feet of retail at 1640 Broadway. 


Resources section heading

Kiva City Launch – Apply Today for a Microloan!

Oakland is home to many small businesses that employ thousands of individuals and provide critical community services. These small businesses are as diverse as the city itself, and vital to the local economy. Many small business owners and new entrepreneurs also struggle to access the loans and capital they need to get started and grow. Kiva Zip offers a platform for crowd-sourcing zero-interest loans to assist these businesses. On March 16th, the City will launch Kiva City, a Kiva-Oakland partnership through which up to 600 Kiva-funded micro entrepreneurs and small businesses will receive match funding from the Oakland City Council and other private funds. Previous successful Kiva loan recipients include Beast Oakland, vintage clothing and anti-trafficking spot Regina’s Door, and Pollinate Farm & Garden. Oakland Kiva City will launch March 16th at 6pm at the Oakland Museum of California.To participate or for more information, please contact Juno Thomas at jcthomas@oaklandnet.com.

Photo and logo for Kiva Oak

Out Now: Good Local Money Guide

Loan? Investment? Crowdfunding? City of Oakland sponsors the annual Good Local Money Guide with information on local financing tools, available funding and requirements. Published by the Sustainable Business Alliance and East Bay Express, the Guide features investors and funding platforms that meet one or more of the following criteria:

  * Are locally-based and committed to local reinvestment   
  * Adhere to a social or environmental mission
  * Enable regular people to invest in their community
  * Avoid investing in harmful or extractive products & activities    * Avoid unfair or misleading practices and pricing

Pick it up at the Business Assistance Center or download your copy now!

Good Money Guide


RESOURCES

Opening a Business?
Contact us!

Business Assistance Center

Zoning & Permits

Quarterly Economic Dashboard

Minimum Wage & Employment Laws 

KivaZip Oakland

Foreign Trade Zone


NEW BUSINESS HIGHLIGHTS


Chop Plenti
Oneva 
La Parisienne Bakery
Rebellion Lab
Temescal Brewery


OAKLAND IN THE NEWS


Program Seeks Entrepreneurs to Tackle Civic Challenges

Feb 26, SF Chronicle

Reverend Jesse Jackson: The Tech Diversity Conversation Is Moving in the Right Direction
Feb 26, Inc.com

Quilts With a Sense of Place, Stitched in Oakland
Feb 2, New York Times

Downtown Oakland Office Purchase could set New Pricing Record
Jan 20, San Francisco Business Times

Carlyle Group invests in Oakland Housing Project
Jan 19, San Francisco Business Times

Oakland Tech Hub Fights for Diversity
Jan 19, USA Today

After Closing in San Francisco and Berkeley, Jeremy’s to Reopen in Uptown Oakland
Jan 16, San Francisco Chronicle

Startups, long central to Silicon Valley, crowding into Oakland
Jan 13, Upstart Business Journal

Grocery Store's Opening shows how Oakland's old Auto Row is Beginning to Change
Jan 13, San Francisco Business Times

Oakland Unveils city's first Solar Electric Bike Share Station
January 13, ABC7

Oakland has the Hottest Neighborhoods in the Bay Area, Zillow says
Jan 13, San Francisco Business Times

UBS Completes $180M Purchase of Oakland Office Tower
Jan 12, BisNow

An Oakland Restaurant with Food that Begs for Beer
Dec 28, New York Times


UPCOMING EVENTS

Oakland Food & Beverage Industry Forum & 2016 Forecast
March 4 @ City Hall HR 1

Starting Your Own Food Business
March 10 @ City Hall HR 2

Business Mentorship Series: Mayvenn
March 15 @ Impact Hub

Economic Development Summit: Choosing Oakland
March 18 @ Kaiser Center

Small Business Accounting Fundamentals
March 24 @ City Hall HR 2

Better Ventures Fireside Chat: Revolution Foods
March 24 @ Impact Hub Oakland


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