The primary purpose of economic development is to maintain and grow a healthy economy through business attraction, retention, and development activities. Regional-level economic development adds a critical dimension to these city and state economic development efforts in three different ways:
The product of the unique opportunities and challenges of the East Bay – The East Bay Economic Development Alliance (East Bay EDA) is a next-generation, cross-sector membership organization dedicated to growing the economy from the inside out. Working with the world-class companies, leading research institutions, passionate community organizations, small business leaders, and forward thinking local government agencies that constitute our membership, East Bay EDA represents the collective identity of the East Bay and the special power of a fully functional regional partnership.
East Bay EDA has over 20 years of leadership and collaborative history, serving Alameda and Contra Costa Counties. With economic globalization and the increasing importance of technical innovation to economic competitiveness, economists have identified the ability of regional institutions to keep up with the rapidly changing industry needs as a key to economic success. Focused on creating a thriving business climate, East Bay EDA is the vehicle through which East Bay leaders collaborate to achieve their shared goal of a healthy, vibrant economy to create and sustain quality jobs.
EDA works closely with Cal/EPA and other local partners to create the first Permit Assistance Center in the state, with continuous efforts to improve collaboration between business and regulatory agencies. One-stop permitting centers operating in the East Bay are an outgrowth of this effort (1995).
EDA resolves Port of Oakland channel dredging impasse by convening and building consensus among fishermen, conservation groups, shipping interests, and others to use spoils from dredging the channel 42 feet deep to create wetlands (1991). EDA continued support to dredge the Port of Oakland to 50 feet, enabling the newest and largest container ships to make deliveries directly from Asia and shorten the supply chain (2009).This effort increased the region’s competitiveness and brought in the biggest container ship to ever enter the San Francisco Bay (2012).
EDA convened key regional stakeholders to mitigate the Port of Oakland’s congestion impact on regional transportation corridors. This effort resulted in recommendations for relocation options for transportation and distribution facilities supporting the Port (2003).
In an effort to expand Bay Area rail service, EDA held discussions with Union Pacific to share the East Bay’s logistic needs. This resulted in Union Pacific expanding its tunnels in the Sierra Nevada that enables service by double-stacked rail cars and reduces delays caused by avalanches (2009).
EDA helped Miles Inc. /Cutter Biological, a Bayer subsidiary, obtain a precedent setting 30-year development agreement with the City of Berkeley, saving 650 jobs and generating hundreds of millions in new investment. The facility is now Bayer’s worldwide headquarters for biologics, employing 1,400 (1992).
EDA worked with three cities and the State to include Bayer’s facilities in Oakland’s Enterprise Zone. This effort created $10 Million incentive package that prevented Bayer from moving manufacturing out of the State and saving more than $100 Million in investment, as well as 1,400 jobs (2009).
EDA supported Kaiser Permanente with various site alternatives analyses to establish site requirements and evaluate alternatives for a new medical center in the Oakland-Emeryville area (1993).
EDA partnered with EDA member PG&E to pull businesses out of recession by training PG&E field staff to identify businesses in trouble or possibly relocating (1994).
EDA played a lead role in helping locate Hart Brewing (Pyramid Ale) in Berkeley: over $10 million invested and 110 new jobs created, while enhancing business clusters and development of the area (1996).
EDA initiated a series of international business retention and marketing trade missions that eventually include Japan, Korea, Hong Kong, Taiwan, and China (1998).
EDA played a large role in rescuing the existence of TeamCalifornia by volunteering to staff this entity when state staffing and fiscal support was lost. EDA coordinate its state marketing presence at industry tradeshows, ad campaigns, and online for three years until TeamCalifornia restructured to support and sustain itself (2003).
East Bay EDA was successful in obtaining ARRA stimulus funding by coordinating 3 Recovery Zone Facility Bond Projects totaling $26.3 Million, which impacted the cities of Fremont, Hayward, Newark and Alameda County (2010).
Years after the Loma Prieta earthquake, EDA worked with the city of Oakland, Citizens for Emergency Relief Team, and Caltrans on behalf of businesses relocating or otherwise impacted by the reconstruction of the Cypress freeway to resolve differences and reach an agreement on fair market compensation (1998).