Oakland Economy Now - Economic News from the City of Oakland June 2017

Oakland Economy Now June 2106 Masthead Go Warriors!

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City Hall Interns Earn & Learn

Get Support for Hiring a Summer Intern Through Earn & Learn East Bay

Do you remember your first summer job? Whether it was in food service, recreation, retail or some other industry, it likely provided important and lasting experiences. This year, the City of Oakland is expanding its summer jobs program to a year-round model to help more than 3,500 young Oakland residents gain work experience. In addition to getting additional help to support your business, you can provide young people with an opportunity to acquire and/or strengthen essential skills. Subsidies to support an intern’s experience may be available based upon specific needs. Through Earn & Learn East Bay, it is easy to hire, host or sponsor an intern! Interested organizations should contact coordinator Angela Muse or call (510) 238-6856.



Oakland Releases Medical Cannabis Permit Applications with Equity Criteria

On Tuesday, May 23, the City of Oakland released its Medical Cannabis Permit Application for cultivating, manufacturing, delivering, distributing, testing or transporting medical cannabis in Oakland, laying an equitable foundation for the local cannabis industry at a pivotal moment in legalization. This application process is the first step in implementing the groundbreaking Equity Permit Program, which addresses past disparities in the cannabis industry by prioritizing the victims of the war on drugs and minimizing barriers of entry to starting a business. Applications for dispensary permits will be issued through a separate process later in 2017. For more information, please visit http://bit.ly/2qGSRrw



Indie Award winners 2017

Congratulations 2017 Indie Awards Winners!

In May, Beneficial State Bank and Foundation hosted the 11th Annual Oakland Indie Awards, recognizing the independent businesses that most defined Oakland this year. Winners include Greenie awardees Mannequin Madness and Pollinate Farm & Garden, High Road Employers Homeroom Mac+Cheese and La Plazita Preschool, Pillar awardee Garden House, local business delivery service Piikup, youth employer Mamacitas Café, CORE Kitchen, Ripple award winner Town Biz Oakland and Oakland Soul winner Chinaka Hodge. ​The Oakland Indie Awards aim to build prosperity in our communities by celebrating the local economy.



INternational Boulevard street sign

Announcing The International Boulevard Corridor Series

The seven-mile stretch of International Boulevard is poised for significant economic growth, with construction underway for a new Bus Rapid Transit line that will reduce travel times and provide service every seven minutes. Financial and technical assistance is currently available to businesses along the corridor to help them survive the construction period and thrive afterwards. Oakland Economy Now will be featuring existing businesses and neighborhoods along the International Boulevard corridor as a regular series through project completion. For more information, please contact BRT Business Sustainability Program Coordinator Susana Villarreal

Bus Rapid Transit


Engineering, Tech Dominate Largest Office Leases of 2016

Oakland’s largest office leases of 2016, as ranked by the San Francisco Business Times, include both local renewals and new firms. Engineering and building firms took the greatest amounts of space, closely followed by tech leases, with the public agency Alameda County signing the single largest lease. Companies signing new leases in Oakland include AECOM, Edgewater Consultants, Circuit Launch, Habit, Geosyntac Consultants, KPGY and Marqeta. For more information on opportunities in Oakland’s office market, contact Economic Development Specialist Marisa Raya.

Largest office leases chart engineering tech public health

Tenants, Oakland Community Land Trust to Purchase Mixed-Use Space on 23rd Avenue

After completing a successful fundraiser, four local organizations have initiated purchase of their mixed-use building on 23rd Avenue. The organizations, including community bike shop The Bikery, queer and trans people of color food justice co-op SOL - Sustaining Ourselves Locally, martial arts studio Shaolin Life and people of color-led makerspace LOL - Liberating Ourselves Locally, partnered with the Oakland Community Land Trust (OakCLT) to create a financing package, with support from the POC Sustainable Housing Network, Sustainable Economies Law Center and the Northern California Community Loan Fund. This is the first commercial real estate purchase for the OakCLT. The building also contains eight residential apartments, all of which will become permanent affordable units through the land trust's purchase, which is expected to lead towards co-operative ownership. For more information, contact OaklandCLT Executive Director Steve King


Six Arts and Cultural Organizations Receive Assistance to Stay in Oakland

Project Bandaloop dancers

Technical Assistance Grantee Project Bandaloop

The City of Oakland’s nonprofit partner, CAST (Community Arts Stabilization Trust) has awarded technical assistance grants to six Oakland arts and cultural organizations. The Alena Museum, Pro Arts, Project Bandaloop, PLACE for Sustainable Living, Qilombo and Ubuntu Theater Project will receive one-on-one real estate training and consultation services from the Northern California Community Loan Fund to secure long-term, affordable, safe space in Oakland. The technical assistance is available through Keeping Space – Oakland, CAST’s pilot program to assist arts groups that are vulnerable to space instability and displacement. Beginning in June, financial assistance grant applications will also be available through the Keeping Space – Oakland program, offering up to $75,000 to help arts organizations secure their space. Grant funds can be used for space improvements, rent costs, and a variety of other costs. For more information, contact Kelley Kahn, Policy Director for Arts and Development in the Mayor’s office


RESOURCES

Opening a Business? Contact us!

Business Assistance Center

Zoning & Permits

KivaZip Oakland

Inner City Capital Connections

Quarterly Economic Dashboard

Minimum Wage & Employment Laws 

Foreign Trade Zone


NEW BUSINESS HIGHLIGHTS

 

Broad.ly
Edgewater Consultants
Habit
Poke Zone
Southern Glazer’s Wine & Spirits
T&Bowl
The Wolf
Yaya Poke


UPCOMING EVENTS

2017 East Bay College Fund Oakland Promise Awards Ceremony
May 31 @ Oakland Scottish Rite Center

Oakland Thrives Small Business Kickoff
May 31 @ Oakland Marriott

First Friday Founders: Entrepreneurs+Tech+Social Justice
June 2 @ Kapor Center for Social Impact

Art & Race Conference
June 3 & 4 @ Impact Hub Oakland

Chamber Annual Meeting & Awards Luncheon
June 12 @ Oakland Marriott

Economic Development Forum: City Budget
June 14 @ Oakland Metropolitan Chamber

Better Ventures PreSeed: Founder Roundtable

June 14 @ Impact Hub Oakland

Serving All: A Benefit for Eastmont Wellness
June 15 @ Impact Hub Oakland

Application Deadline: Inner City Capital Connections
June 20 @ ICIC.org

Kapor Center Impact Awards
June 21@ Kapor Center for Social Impact

Hustlecon
June 23 @ Paramount Theatre

Patchwork Artisan Festival
June 24 @ Jack London Square


OAKLAND IN THE NEWS

Port of Oakland vessel calls to Southeast Asia up 50 percent
May 25, TulsaCW 

CBRE Arranges & Closes Lease for 955 Kennedy Street to One of the World’s Largest Distributors in Oakland, CA
May 25, The Registry

What’s New at the Oakland Zoo
May 24, Diablo Magazine 

Plans for 529 Units of Senior Housing in Deep East Oakland
May 19, SocketSite

Plans for a Tower to Rise over This Historic Building
May 18, SocketSite

Reem’s, a new Arab bakery where food, activism and culture come together
May 17, Berkeleyside 

How Oakland Is Beating Out San Francisco For Multifamily And Mixed-Use Development
May 10, BisNow

Starbucks planned for East Oakland to offer training program, full benefits for all employees
May 8, KTVU 

Urban Wine Festival in Jack London Square
May 5, KTVU

Six Arts and Cultural Organizations Receive Assistance to Stay in Oakland
May 5, Social Good News

CBRE Secures $70M For Oakland Office Building Renovation
Bisnow May 5 

Japanese Fried Chicken and Punk Rock At An Oakland Pop-Up — Dining on a Dime
May 3, SF Eater

With 'Two Owners And A Million Volunteers,' Temescal Game Shop Is Community Magnet
May 3 , Hoodline


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