10 Things We're Looking Forward To In 2023

To ring in the new year, here are some things we are excited to see come to fruition in 2023:

1. Fremont’s First-Ever Restaurant Week. We’re partnering with the Fremont Chamber to bring Fremont Restaurant Week, a 10-day citywide celebration that will showcase the communities delicious and diverse food offerings. Be sure to sign up for text or email updates at fremontrestaurantweek.com.

2. Full Retail Leasing of Capitol Square. After the onset of the pandemic thwarted the initial leasing of Downtown’s first mixed-use project following its completion in late 2019, today just two of the twelve retail spaces are still available. The project has already brought five new restaurants, an independent bookstore, and two locally owned personal service franchises to Downtown, with more to come. For leasing inquiries please contact Lockehouse Retail Group or drop us a line!

3. Completion of Fremont Bank’s New HQ. Punctuating the western entrance to Capitol Avenue, Fremont Bank’s stunning new headquarters is sure to be a Fremont landmark for years to come. This year, the project won an architectural award for best small office project in Silicon Valley, and we look forward to celebrating the grand opening on the project’s rooftop bar.

Fremont Bank HQ under construction

4. Groundbreaking for Applied Materials’ New Wafer Fab. Applied Materials is designing a next-generation wafer processing lab in Fremont’s Bayside Technology Park. As previously reported, this project will be integral to advancing US competitiveness in semiconductors and onshoring this critical supply chain and a boon for Fremont’s economy.

5. New Shops and Housing at The Hub. Kimco Realty plans to infuse new life into The Hub in Downtown Fremont, proposing to build over 300 residential units and 27,000 square feet of ground-floor retail space to welcome new shops and restaurants. The project will effectively extend Downtown’s bourgeoning retail spine along Capitol Ave into The Hub.

Proposed residential units and ground-floor retail at The Hub

6. Full Leasing of Prologis Fremont. For the first time in its history, Prologis in on the verge of fully leasing its expansive, 54-building, 4.4-million-square-foot Fremont portfolio. The company was an early investor in Bayside Technology Park, and its longstanding commitment to the City has allowed Prologis to capitalize on Fremont’s advanced manufacturing growth.

7. Groundbreaking on Bayside Gateway. 9^th Street Partners and Clarion Partners have partnered on a speculative six-building advanced manufacturing campus in Fremont’s Bayside Technology Park, slated to break ground in early 2023. Once completed, the project will provide over 400,000 square feet of next generation manufacturing and R&D space.

8. Grand Opening of Papé Fremont Dealership. Papé Group is nearing completion of a best-in-class dealership on Osgood Road, combining a service center and showroom, and consolidating multiple regional locations into Fremont. The project is the biggest investment in the company’s history and will play a critical role in supporting regional infrastructure investment, including many Fremont projects.

Rendering of Papé Fremont Dealership

9. Frontier Elm Completion & Globe Site Groundbreaking. In June, we celebrated the groundbreaking of Frontier Elm Business Center, a 210,000-square-foot flex industrial facility in Warm Springs. The project is slated for completion in Q3 of 2023 and will provide much needed expansion space for the several major employers in the area. In addition, Scannell is expected to break ground on its three-building, 400,000-square-foot project at the Globe site. The project is providing numerous community benefits, including local construction apprenticeships, extensive onsite solar, and millions' worth of street, landscape, and signal improvements.

Groundbreaking event for Frontier Elm Business Center

10. Fremont Cleantech Event. Thanks to Tesla and companies like EnerVenue, Nextracker, and Enphase, Fremont is home to more cleantech jobs than anywhere in the country. In 2023, we are going to celebrate the City’s cleantech sector, including hosting an event with some of our key businesses and partners. Be sure to keep an eye out for details!

Jan 18 - Fremont Unified School District State of the District at 5:30pm. More info here.

Jan 19 - Economic Development Advisory Commission (EDAC) meeting at 8am (January 5 Regular EDAC Meeting has been cancelled and rescheduled to Jan 19). Read agenda details here.

Jan 23 - Deadline for second round of CalCompetes tax credit and grant funds. Details on upcoming informational webinars and application process can be found here.

NorCal Small Business Development Center offers FREE virtual trainings for small business owners. Click here for the full calendar.

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