Goal: Sacramento will be the hub of a thriving regional economy, ensuring jobs, housing, and a business-friendly climate.
- Create jobs and grow revenue
- Diversify the local economy
- Stimulate development downtown in key areas like the JKL Corridor and the Railyards
- Create a robust green sector that creates jobs and promotes sustainability
- Accelerate progress on major projects like the intermodal facility and high-speed rail
- Develop a critical path to a new entertainment and sports complex that protects taxpayers
- Review and simplify the permit process for businesses
- Minimize impact of mortgage crisis on homeowners and neighborhoods
Accomplishments
- Securing Federal Stimulus Dollars
- Over $500 million in investment and recovery funds secured for the Sacramento region
- $140 million to develop a comprehensive smart grid system and promote green building and energy efficiency
- $95 million to finance infrastructure, job training and education
- $44 million to support regional transit and develop the intermodal transportation facility
- $26 million to stabilize housing market and preserve safe and affordable housing options
- Revitalizing Downtown and Central City
- New projects on the 700, 800, 1000 and 1100 blocks leading revitalization of K Street, along with return of bike and automobile activity
- New Downtown Partnership business recruitment manager to build and sustain more retail opportunities
- $100M expansion of Crocker Art Museum
- Think BIG and Sacramento FIRST initiatives launched to support development, financing, and public support for new complex that will create 4,100 jobs and $7B in economic activity
- Successfully efforts to keep 1000 jobs and $100M economic impact of Sacramento Kings in the region through 2011-2012 season
- Diversifying Economy through Green Jobs
- Launched regional Greenwise initiative to position Sacramento as a leader in the green movement
- Secured $100M in private funding to create 1500 new jobs retrofitting commercial buildings
- Selected by Obama Administration as one of five cities to participate in Better Buildings Initiative
