Oakland Economy Now - News from the City of Oakland - Vol. 37 January 2018

Oakland Economy Now News from the City of Oakland January 2018 Volume 37

Having trouble viewing this email? View it as a Web page.


NEW BUSINESSES

Oakland’s Biotechnology Cluster Grows

Long home to cutting edge firms like agricultural innovator Terviva and genomic data processor Fabric Genomics, Oakland's biotech cluster has grown since the relocation of the California Institute for Regenerative Medicine from San Francisco’s Mission Bay to Oakland in 2015. Clovis Oncology will expand into Oakland with a 32,000-square-foot lease at TMG Partners’ 1330 Broadway building. The biopharmaceutical company will occupy the ninth and tenth floors of the 18-story Oakland building, which also houses offices for Oracle and Arup. For more information on Oakland business, contact Business Development Coordinator Aliza Gallo.

1330 Broadway entrance

Cannabis Permit Update

Since the City released its Medical Cannabis Permit Application in May 2017, more than 460 applications have been received from individuals interested in cultivating, manufacturing, delivering, distributing, testing or transporting medical cannabis in Oakland. Of those, more than 250 were submitted by equity applicants. In the initial permitting phase, the City will issue a minimum of half of all permits to Equity applicants, and a total of eight new dispensary permits. The City’s groundbreaking legislation, adopted unanimously by Oakland City Council in March 2017 and amended in November 2017, was based in part on an equity analysis showing racial disparities in drug law enforcement and the regulatory environment in the City from 1995 to 2015. The state’s new adult recreational use law took effect on January 1, and City staff are working with the state as California also implements regulations for the cannabis industry. For more information, please visit www.oaklandnet.com/cannabispermits. 


Section Heading Restaurants

Oakland Restaurant Week is January 11-21

Bay Area foodies are marking their calendars for Oakland Restaurant Week! From January 11-21, 2018, Oakland Restaurant Week runs over two weekends for foodies to take full advantage of dining deals. Participating restaurants such as Eve’s WaterfrontNidoLungomare and Dragon Gate will offer prix fixe lunch and/or dinner menus at $10, $20, $30, $40 and $50 price points. Localfoodadventures.com will lead two neighborhood food tours. Post pics and follow Oakland Restaurant Week 2018 on social media with #ORW18.

food at Lungomare restaurant

Photo credit: Lungomare


Tool Kit Helps Restaurateurs Address Racial Disparities

Adding Racial Equity to the Menu: An Equity Toolkit for Restaurant Owners” is a roadmap for restaurateurs to confront conscious and unconscious racial biases that may inform hiring, promotions decisions, and other workplace practices. Oakland's Restaurant Opportunities Center United, Race Forward and Center for Social Inclusion have identified steps to help build a restaurant industry where equity, dignity and fairness are always on the menu. As reported in the East Bay Express, Temescal’s popular Homeroom piloted the tool and is a case study in the report. Complete the short questionnaire to receive the download link for the tool kit, which provides strategies and tools for assessing race and gender bias in everyday operations as well as recommendations to combat patterns of occupational segregation and foster equitable opportunities.

Restaurant equity toolkit cover

SEction Heading  Talent

Get Help Hiring Local and Regional Talent

Oakland is home to a treasure trove of workforce development services for employers, and some of our most successful businesses hire consistently through workforce services. Starting January 25th, the Oakland Workforce Development Board (OWDB) and Oakland Metropolitan Chamber of Commerce will begin a monthly Lunch and Learn series to provide an overview of the low-to-no cost services and resources available to Oakland employers to recruit, attract, train, and retain local talent. OWDB will highlight the initiative and services available to Oakland employers and discuss how the workforce system trains employees for today’s workforce. This is a valuable event for Human Resources professionals or anyone in the hiring and training process. For more information, contact Workforce Development Specialist Tamara Walker.


Section Heading Resources

Self-Employed? You can now claim the Earned Income Tax Credit and get Free Tax Preparation

Low-to-moderate income workers have always been able to increase their refund with the Earned Income Tax Credit, but for the first time in CA, 2017 qualifying taxpayers who are self-employed can also claim the State’s Earned Income Tax Credit (EITC). California families with children can receive as much as $2,700 in addition to the income boost they receive from the federal EITC. They can also get free tax preparation assistance from one of Oakland’s Volunteer Income Tax Assistance Centers. Check back in late January as locations are updated. For more information, contact Economic Development Specialist Marisa Raya.


New Employment Laws took effect Jan. 1

In addition to Oakland’s Minimum Wage increasing to $13.23, the following state employment laws all took effect on January 1:

The California Chamber of Commerce offers a free overview of these and other new California employment laws. To assist employers, the City of Oakland will host a free employment laws update workshop on Thursday, January 25. 


RESOURCES

Opening a Business? Contact us!

Business Assistance Center

New! Business Permits Navigator

New! ZoningCheck

Quarterly Economic Dashboard

Minimum Wage & Employment Laws 

KivaZip Oakland

Foreign Trade Zone


NEW BUSINESS HIGHLIGHTS

CDP Bar
Copper Spoon
DOSA
Elbo Room
Hawking Bird
Paulista
WeWork


UPCOMING EVENTS

Oakland Art Murmur
Jan 5 @ Multiple Locations

First Friday Open House
Jan 5 @ Impact Hub Oakland

Three Kings Day/Dia de Reyes
Jan 6 @ Peralta Hacienda

Uptima Presents: Explore Your Business Idea
Jan 8 @ Impact Hub Oakland

Food Entrepreneurship Academy – Advanced Series
Jan 8 @ 125 12th St.

Economic Development Forum - What's Breaking Ground in 2018?
Jan 10 @ Oakland Metropolitan Chamber

Oakland Restaurant Week
Jan 11-21 @ Multiple Locations

Innovation Fund Applications Due
Jan 12 @ The Workers Lab

Hack the Hood Small Business Open House
Jan 18 @ Hack the Hood

The State of Business and Tourism
Jan 25 @ Oakland Metropolitan Chamber

Employment Laws Update Workshop
Jan 25 @ Oakland City Hall

A’s Fan Fest
Jan 27 @ Jack London Square

Using US Census Data to Drive Profits for Your Business (SBDC)
Jan 30 @ 1000 Broadway, Montclair Room


OAKLAND IN THE NEWS

An International Appeal For Non-Hub Airports
Dec 26, AviationPros

Take Root: OMCA Exhibit Spotlights City's Agricultural Community
Dec 26, Hoodline

A's stadium: Could Coliseum become Plan B
Dec 24, The Mercury News

Which Bay Area cities will see higher minimum wages in 2018?
Dec 23, The Mercury News

How Oakland is including black, brown people in marijuana industry
Dec 22, San Francisco Chronicle

Oakland startup helps businesses join the social media conversation about their brands
Dec 21, San Francisco Business Times 

Landmark Uptown Oakland Club Building on the Market
Dec 21, SocketSite

CIM Buys Uber's Uptown Station in Largest East Bay Office Sale of 2017
Dec 20, CoStar

Alameda County Planning To Sell Its Stake In Oakland Coliseum To Oakland 
Dec 20, BisNow

Which cities are best for diversity in STEM?
Dec 20, BizWomen

Oakland Finally Builds Housing 
Dec 20, East Bay Express

Oakland's Jingletown Is the Bay Area's Hot Arts District du Jour
Dec 20, 7x7

Oakland’s Biggest Office Leases Of 2017 
Dec 18, BisNow

International terminal opens at Oakland Airport
Dec 16, Business Traveller

Saucey Expands into Oakland
Dec 15, BrewBound

Deal could start Oakland tower construction next to Uber, BART
Dec 15, San Francisco Business Times

Oakland restaurant, job training and nonprofit center breaks ground in Fruitvale
Dec 15, East Bay Times

'Cannabis Equity' programs aim to advance women, minorities in legal weed business
Dec 14, KTVU

Community Celebrates Acts Cyrene Apartments – 59 Affordable Units In East Oakland
Dec 14, Oakland Post

Why This Architecture Firm Has Staked Its Claim In Oakland
Dec 14, BisNow

'We aren't giving up': A's line up another swing for new Oakland ballpark
Dec 14, San Francisco Business Times

Steph Curry's foundation signs lease for Oakland office 
Dec 13, San Francisco Business Times

Can homeownership help keep people of color in Oakland? Nonprofit says, yes
Dec 12, San Francisco Business Times

How Oakland businesses fared against big box stores Black Friday
Dec 12, East Bay Times

How MacArthur Boulevard Takes You Through the Heart of Oakland 
Dec 11, The Bold Italic

Our all-Oakland Structures podcast spectacular
Dec 5, San Francisco Business Times

Sneak Peek: WeWork unveils first Oakland outpost
Dec 1, San Francisco Business Times

Oakland struggles with keeping economic diversity
Nov 30, San Francisco Business Times

Oakland's new planning director talks about challenges and opportunities
Nov 30, San Francisco Business Times

Oakland's much-anticipated eatery Chow will finally open — here's when
Nov 30, San Francisco Business Times

Oakland's Broadway-Valdez brings a wave of new retail space to market
Nov 30, San Francisco Business Times

Co-working takes off amid Oakland development boom
Nov 30, San Francisco Business Times

Oakland's housing pipeline gushes after years of drought
Nov 30, San Francisco Business Times 

Oakland office market at a crossroads
Nov 30, San Francisco Business Times

Go West: Projects are finally rising in long-neglected West Oakland
Nov 30, San Francisco Business Times

Will the Oakland hills get 200 homes and a charter school? 
Nov 29, San Francisco Business Times

Biotech company inks deal in TMG Partners' 1330 Broadway in Oakland
Nov 27, San Francisco Business Times

Hundreds More Housing Units Planned For Downtown Oakland 
Nov 28, BisNow


Visit Our Newsletter Archive


City of Oakland Logo - Black