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HomeMy WebLinkAbout2023-106 - Resolution RESOLUTION NO. 2023-106 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA, ADOPTING THE CITY OF RANCHO CUCAMONGA ECONOMIC DEVELOPMENT STRATEGY WHEREAS, the City's last Economic Development Strategic Plan was adopted in 2015; and WHEREAS, in 2021, the City of Rancho Cucamonga adopted an updated General Plan known as Plan RC; and WHEREAS, during the development of Plan RC, it was determined that the City would create a separate Economic Development Strategy after Plan RC was completed and adopted; and WHEREAS, in the last decade, the Inland Empire has experienced remarkable growth, with increases in population, employment opportunities, and investment in manufacturing, logistics, and other industries; and WHEREAS, Rancho Cucamonga is well-positioned to further leverage the advantages of the region via its skilled workforce, high-quality-built environment, and expanding economy; and WHEREAS, Plan RC lays out a series of strategies to chart a path towards building a 21 st century world-class community that is grounded in the foundational core values of health, equity, and stewardship; and WHEREAS, the Economic Development Strategy is intended to fortify linkages with Plan RC and its Big Ideas; and WHEREAS, the goals and strategies identified in the Economic Development Strategy have been designed to address specific economic development objectives, such as growing the local economy and ensuring community vitality so that the City can continue to provide high-quality public services and amenities; and WHEREAS, on August 23, 2023, the Planning Commission reviewed the Economic Development Strategy and provided comments and feedback to staff. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO CUCAMONGA, CALIFORNIA HEREBY RESOLVES AS FOLLOWS: Section 1. The above recitals are true and correct and are a substantive part of this Resolution. Section 2. The City Council hereby adopts the Rancho Cucamonga Economic Development Strategy. Section 3. The Economic Development Strategy is exempt from the California Environmental Quality Act Under CEQA Section 15061(b)(3). Section 4. The City Clerk shall certify the adoption of this Resolution. Resolution No. 2023-106 - Page 1 of 2 PASSED, APPROVED, and ADOPTED this 4th day of October, 2023. L. Dennis Michael, ayor ATTEST: r-. J 'ce C. Reynolds, City derk STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss CITY OF RANCHO CUCAMONGA ) I, Janice C. Reynolds, City Clerk of the City of Rancho Cucamonga, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga, at a Regular Meeting of said Council held on the 4th day of October, 2023. AYES: Hutchison, Kennedy, Michael, Scott, Stickler NOES: None ABSENT: None ABSTAINED: None Executed this 5th day of October, 2023, at Rancho Cucamonga, California. Qa'� In'. d AIJA A nice C. Reynolds, Cit Jerk Resolution No. 2023-106 - Page 2 of 2 ' 4 ��•_i/�fq�_.l sF a. ��Mt '.{P+—� �+�-.�21� i`)'" ` ''j"'T•�• �••� L> A— R�',, '!� •y lip I� •a� - �.�� -( t .�C Table of Contents 1. Introduction 3 1.1 About the Economic Development Strategy 3 1.2 Heart of the Matter 3 2. Strengths, Opportunities, Challenges 4 2.1 Strengths 4 2.2 Challenges 5 2.3 Opportunities 6 3. Target Industries 9 3.1 Advanced Manufacturing 10 3.2 Medical Manufacturing 10 3.3 Food and Beverage Manufacturing 11 3.4 Finance, Insurance, and Real Estate 11 3.5 Professional and Medical Services 12 4. Goals and Strategies 13 4.1 Grow and Diversify the City's Economy 14 4.2 Enhance the Quality of Life 17 4.3 Expand Retail, Entertainment, and Hospitality 19 4.4 Foster Growth of Local Businesses and Workforce 20 5. Looking Ahead 23 6. Implementation Plan 24 City of Rancho Cucamonga I Economic Development Strategy 2023 2 Introduction In the last decade, the Inland Empire has experienced remarkable growth, experiencing increases in population,employment opportunities,and investment in manufacturing,logistics,and other industries.The region is strategically located between major metro areas and connected to the rest of the country and the world by several highways, railways, Ontario International Airport and the nearby Ports of Los Angeles and Long Beach. Rancho Cucamonga is well-positioned to further leverage the advantages of the region via its skilled workforce, high-quality-built environment, and expanding economy. The Economic Development Strategy (EDS) is a five-year work plan that will guide and support the City in establishing and sustaining Rancho Cucamonga as the cultural and economic hub of the Inland Empire. About the Economic Development Strategy The EDS will guide the City's economic development activities over the next five years. The document identifies goals and strategies that will serve as a road map for City staff and civic leaders. The EDS primarily provides direction to the City's Economic Development Division, but the success of the EDS depends on the coordination and communication with other City departments, public agencies, and partner organizations. The EDS was informed by a review of regional, state, and global trends, as well as a detailed analysis of the City's demographic, economic, and market conditions.Although the nature and extent of future market conditions is unknown, the EDS provides foundational approaches to economic development in Rancho Cucamonga that will serve the City during the life of the document. The following sections describe the strengths, challenges, and opportunities to grow the City's economy; key industries to expand in the City; and the goals, strategies, and actions of the EDS. The final section of the EDS includes a five-year work plan that organizes tasks according to a timeline, assigns the City department that will lead the activity, and identifies assisting potential partner departments, agencies, or organizations. Heart of the Matter The EDS builds on PlanRC,the City's General Plan,that was adopted on December 15, 2021.The General Plan lays out a series of strategies to chart a path towards building a 21st century world-class community that is grounded in the foundational core values of health, equity, and stewardship. The vision of PlanRC is to create a city for people — a city of great neighborhoods, natural open spaces and parks, thriving commercial and industrial areas, and walkable and active centers and districts, all connected by safe and comfortable streets. Through the implementation of PlanRC, the city will develop to be more welcoming and accessible to both residents and visitors. To meet the vision and core values of PlanRC, five Big Ideas were identified: • Design for People First: focus should be on people and development must be human scale and inviting; • Provide Connectivity and Accessibility: provide a range of travel options including new opportunities for walking, bicycling and transit; • Create Destinations: places to congregate, gather, and socialize; • Cultural and Economic Hub of the Inland Empire: a downtown area, or several major activity centers, with varied cultural opportunities and public art; and • Address Environmental Justice: everyone in the city has a fair and just opportunity to thrive and no one, especially those with the least means, shoulders the additional health burdens of environmental degradation and pollution. The EDS is intended to fortify linkages with PlanRC and the Big Ideas, to emphasize that economic development activities are shared across all departments in the City. The goals and strategies identified have been designed to address specific economic development objectives: improve health outcomes City of Rancho Cucamonga I Economic Development Strategy 2023 3 through economic attainment, grow the local economy, diversify the local economy, build economic health and long-term fiscal resiliency, and ensure community vitality so that it can continue to provide high-quality public services and amenities. Within each of the strategies are achievable and measurable action items designed to serve as a guide for the City over the next five years.The EDS is meant to be fluid in that it will be reviewed annually to determine if there is a change in priorities or if resources need to be shifted. During this time, the City of Rancho Cucamonga will continue working towards its long-range goals and planning efforts that are the framework of the City's vision of being a world-class community, making Rancho Cucamonga a special place to live, work, and thrive. Strengths, Opportunities, Challenges This section identifies the City's strengths, challenges, and opportunities to strengthen the City's economy. Strengths High-quality transportation access. Rancho Cucamonga is located next to major highways, rail transit, and air transport options. Interstate 10 and Interstate 15 are located along the borders of the City,and State Highway 210 and Foothill Boulevard (Historic Route 66) run through the center of Rancho Cucamonga. These highways provide access to shipping routes to the north and east of the County and access to the Ports of Los Angeles and Long Beach. The nearby Ontario International Airport (ONT) is a growing passenger and logistics hub. In recent years, Ontario International Airport has been one of the fastest- growing airports in the country.The San Bernardino International Airport is also expanding its services and now has regular passenger service for the first time, and Los Angeles International Airport(LAX)and John Wayne Airport (SNA) are a reasonable distance from the city to be a potential option for travelers to the area. The City also has a Metrolink rail station that runs directly to Downtown Los Angeles, and there are plans to build a high-speed rail line that will connect Rancho Cucamonga to Las Vegas. Additionally, the City has access to two Class I railroads, Union Pacific and BNSF, which have continued to improve this level of service for freight shipping across the country. Located near major population and employment centers. The City of Rancho Cucamonga is an hour's drive from Los Angeles and Orange County, and an hour and a half from San Diego. Proximity to these areas allows for access to major consumer markets, workforce talent, and complimentary businesses across industry sectors. Proximity to complementary manufacturing businesses and skilled talent in the local region. San Bernardino County has a concentration of workers with specialized talents and a one-of-a-kind training facility, the InTech Center, located in the neighboring City of Fontana that specializes in building skills that are desirable to manufacturing companies in various sectors. The County contains many complimentary businesses to manufacturing. Warehousing and distribution centers are an example of complementary businesses that have grown significantly in the local region. Manufacturers in Rancho Cucamonga benefit from the City's proximity to customer distribution centers. Well-educated residents. In addition to workers with specialized, manufacturing-related skills, companies in Rancho Cucamonga have access to highly educated workers. Residents in Rancho Cucamonga are particularly well-educated compared to the rest of the local region. In 2021, 37 percent of Rancho Cucamonga residents held a bachelor's degree or higher compared to 22 percent of residents in San Bernardino County overall. Educated residents and workers are attractive to companies with skilled worker needs and retail businesses looking for high-income customer bases. High resident incomes. Incomes in Rancho Cucamonga are high compared to the region. The median income in Rancho Cucamonga is approximately $95,000, compared to approximately $70,300 for San Bernardino County. City of Rancho Cucamonga I Economic Development Strategy 2023 4 Access to education opportunities that complement key industries in Rancho Cucamonga. Rancho Cucamonga is home to Chaffey College and a satellite campus of the University of Redlands. These schools have been valuable for Rancho Cucamonga employers to gain access to interns and apprentices. Companies in Rancho Cucamonga can also draw talent from other nearby higher education institutions such as UC Riverside, Cal Poly Pomona, California State University San Bernardino, California Baptist University, University of La Verne, Claremont Colleges, San Bernardino Valley College, and other technical schools in the area. Many of these schools offer vocational training and industry-specific programs that complement the expanding sectors in the area such as advanced manufacturing and aerospace. For example, Cal Poly Pomona's Department of Aerospace Engineering provides a hands-on engineering program to ready students for working in the aerospace industry. Quality amenities and built environment.The City has a high-quality built environment. The City's roads are well maintained and are well landscaped on major corridors.The City's de facto core,Victoria Gardens, provides a pedestrian-friendly, and urban design-rich experience for local and regional shoppers. The City is growing and attracting quality talent because of the high quality of life in the City. Quality master planned neighborhoods. Rancho Cucamonga has several comprehensively designed communities that feature quality housing stock and amenities. Attractive and productive weather. The warm climate and mild winters in Rancho Cucamonga are attractive to residents but also benefit manufacturers due to the relatively few weather-related closure days for companies. Additionally, the mild weather on the Southern California coast makes the nearby Ports of Los Angeles and Long Beach more efficient relative to ports along the northern and eastern U.S. coasts. Affordable real estate. Land costs in Rancho Cucamonga are relatively affordable compared to the Los Angeles Metro region and coastal communities in Southern California. Low land costs are attractive to companies for reducing costs, and attainably priced housing allows companies to recruit workers that can live in or near the City. Strong performing commercial real estate. Rancho Cucamonga's commercial land uses are performing better than in the County overall. The City's office, retail, and industrial rents are higher than the County's, and vacancies are on par or lower than in the County. World class public safety improves trust, desirability and attractiveness of the Community or City. Public safety plays a critical role in supporting economic growth and vitality by enhancing the desirability of the City as a place to live and locate a business. It also has a direct impact on the levels of community trust and creating safe places to gather and socialize. The Rancho Cucamonga Police Department, Rancho Cucamonga Fire District, Animal Services Department and Community Improvement Division provide critical services to the public including law enforcement,fire and emergency services, animal control, care, and adoption services along with community and property maintenance and improvement. The Public Safety Workgroup works to maintain a safe, enjoyable and prosperous community making the city a top choice for residents, visitors and businesses. Challenges Lack of downtown/city core identity.The City currently lacks a strong identity for its downtown.The City's General Plan explores"the potential of the area around Victoria Gardens and the Epicenter to become the 'real downtown' of Rancho Cucamonga." Potential retail spending leakage. According to data from the California Department of Tax and Fee Administration, Rancho Cucamonga lags behind San Bernardino County on taxable sales per household for certain retail categories such as clothing apparel, automotive-related products and services, health and personal care stores, and other miscellaneous retail. This suggests that residents in Rancho Cucamonga may be traveling outside the City to make certain purchases. Shifting trend in retail due to online shopping. Rancho Cucamonga's local retail market is influenced by larger-scale national trends. Over the last decade, retail markets have been shifting and reorganizing in large part due to the growth of e-commerce. However, while increased online sales have reduced the City of Rancho Cucamonga I Economic Development Strategy 2023 5 demand for in-store sales,there has been an increased demand for experiential retail such as restaurants, bars, and gyms. Over the last two years, the COVID-19 pandemic disrupted brick and mortar retail stores of all types and accelerated the shift in demand for online sales of physical goods. While the details of the long-term impacts from COVID-19 for the retail market are uncertain, the market will likely rebound while perhaps also changing to accommodate new trends enabled by new technologies and consumer expectations regarding convenience such as contactless shopping. Lack of population densities to attract higher-end retailers. Rancho Cucamonga is a strong fit for many retailers due in part to the City's high incomes. However, certain retailers are partial to areas with higher concentrated population densities. High-end coffee businesses, grocers, and full-service restaurants often seek to locate in areas with high population densities with access to at least 200,000 people within a one to three-mile radius, which is typically achieved in highly populated city downtowns. Mismatch between resident worker talent and city employment opportunities. Rancho Cucamonga has a skilled workforce, most of which commute outside the city for work. An estimated 85 percent of resident workers commute to nearby communities or Downtown Los Angeles, San Bernardino, or Orange County(PlanRC Existing Conditions Report, 2020). Diminishing supply of vacant land. Beginning in the 1990s and continuing through the 2010s, Rancho Cucamonga experienced strong demand for new development on vacant or sparsely utilized sites. The availability of large tracts of land spurred the development of master planned residential communities,which characterized much of the community's growth. This has led to diminishing opportunities for new large- scale projects. A similar dynamic has occurred with commercial and industrial land as many of the most attractive sites with access to rail and highway infrastructure have been developed. Pressure for less employment-dense uses like logistics. The logistics boom in the Inland Empire also created demand for warehouse and distribution space in Rancho Cucamonga. Businesses in this industry have been able to pay higher land costs for desirable sites. While this type of investment may be attractive to individual landowners, it generates less employment and synergy with other businesses compared to other industrial activities. Older parts of the city have limited access to amenities. Like many communities, Rancho Cucamonga has experienced uneven development and investment across the city. Older neighborhoods within Rancho Cucamonga, including those in the south and southeast portions of the city, have seen less recent investment in amenities by the private sector. Opportunities Leverage transportation infrastructure projects to build a thriving HART District. The City's General Plan envisions the HART District as an intense, mixed-use area.Within the District,the Cucamonga Station is positioned to be a major transit hub connecting regional and high-speed rail lines. The HART District has strong potential to become a thriving new district in the city that attracts new talent and employers to the City. Attract high-wage and high-skill jobs that match City resident population. Many Rancho Cucamonga residents commute outside the city for work. As Rancho Cucamonga grows as an employment center, the City may be able to retain more residents to work at companies in the City. Complimenting entertainment and hospitality options along Fourth Street and the 1-10 Freeway. At the southern border of the city limits, there is a cluster of entertainment facilities including the Ontario Mills Mall, the Toyota Arena, Dave & Buster's, and Topgolf. Additionally, there are several hotels concentrated along the 1-10 and adjacent to the Ontario International Airport. Expand entertainment options unique to Rancho Cucamonga. The City's General Plan stresses the desire of the community for "more fun places to go, more things to do, and more ways to get there." Residents and visitors want places to congregate, gather, and socialize in lively centers, shopping areas, and arts, culture, and entertainment venues. City of Rancho Cucamonga I Economic Development Strategy 2023 6 Build a vibrant downtown. Through the City's community engagement process for the City's recently updated General Plan, the community expressed a desire for creating vibrant activity nodes and a "real downtown." Capture more resident retail spending. Rancho Cucamonga is currently a regional retail destination, but residents may be traveling outside the city for certain purchases. The City could capture more of its residents' purchases by attracting more retail businesses that match residents' needs. Leverage and grow international food manufacturing. Rancho Cucamonga's specialization in food manufacturing and access to the Ports of Los Angeles and Long Beach and Ontario International Airport could position the city to attract additional international food manufacturing companies. Two of Rancho Cucamonga's largest food manufacturing firms, Mizkan America and Nongshim USA are international companies based in Asia. The City is also home to a Mission Foods facility, a subsidiary of Mexico-based, global food company, Gruma. Leverage and grow the aerospace industry. Southern California has a large concentration of aerospace businesses,which is particularly concentrated in Orange County and Los Angeles County. San Bernardino County also has a fast-growing aerospace sector with nearly 300 aerospace-related manufacturers and several aerospace international companies based in Korea,China,Japan, Britain, France,and Switzerland. Rancho Cucamonga is home to several aerospace-related companies including Air Components Inc, Hartwell Corporation, Gentex, General Micro Systems, and Pneudraulics Inc. Attract businesses in emerging green technology sectors such as electric vehicle-related manufacturing. California is striving toward increasing the number of electric vehicles in the State. By 2035, most new cars and light trucks sold in California will be zero-emission vehicles, including plug-in hybrid electric vehicles.' As the most populous and wealthy U.S. state, California's push toward electric vehicles will likely spur significant growth in this sector. Rancho Cucamonga is well positioned to leverage its location and concentrated advanced manufacturing sector to take advantage of the growth in electric vehicle-related manufacturing. Rancho Cucamonga is located near complimentary electric vehicle businesses in Los Angeles, Irvine, and San Diego, and companies in Rancho Cucamonga have access to electric vehicle talent from companies like Tesla and Ford. Additionally, Rancho Cucamonga is near areas such as Mountain Pass, CA, which are rich with rare earth minerals that are necessary for electric vehicle production. Water supply technology is another emerging sector that Rancho Cucamonga could leverage. Water security has been a growing concern in California for decades, and the State has moved towards measures and major investments to increase water supply security. The development and manufacturing of water supply technologies is an emerging sector with immediate relevance in Southern California. Rancho Cucamonga is already home to a leading company developing technology equipment for water treatment plants, Biwater, an international company based in the UK that moved operations from Los Angeles County to Rancho Cucamonga because of proximity to their vendors and to industries that support their operations.2 There are several water supply technology programs offered at local colleges including San Bernardino Valley College, and Los Angeles Trade-Technical College. Grow an expanding healthcare sector. Health care and social assistance currently account for a significant portion of the City's employment at approximately 10 percent of the City's total jobs. While the concentration of health care and social assistance jobs is somewhat lower compared to San Bernardino County and the overall State of California, the sector is growing faster in Rancho Cucamonga than in the County or the State. Leverage strong sector in local and regional household serving office-based industries. The City's concentrated professional services industry contains many offices that provide legal, tax, and design services to the local and regional community. Many of these types of services require a physical presence to serve customers and are more likely to be resilient to shifts to online platforms and telecommuting. Rancho Cucamonga is well-positioned to grow as a hub for these types of office-based services based on the presence of high quality attainably priced residential options. ' https://ww2.arb.ca.gov/news/california-moves-accelerate-100-new-zero-emission-vehicle-sales-2035 2 https://siteselection.com/issues/2022/sep/the-world-finds-a-home-in-san-bernardino-county.cfm City of Rancho Cucamonga I Economic Development Strategy 2023 7 Expand professional and technical services that complement the City's manufacturing sectors. Professional service companies with offices in Rancho Cucamonga such as CDM Smith and Atlas Testing Laboratories complement the advanced manufacturing sector in the City. Rancho Cucamonga could attract more companies that offer engineering, marketing, and other complementary services to the City's manufacturing businesses. City of Rancho Cucamonga I Economic Development Strategy 2023 8 Target Industries The City is committed to attracting and retaining high quality jobs to grow and diversify Rancho Cucamonga's economy and to reduce residents commuting outside the City. This is best accomplished by targeting industries in the City that have a unique advantage to growing. Target industries that are well- positioned to grow and diversify Rancho Cucamonga's economy include: • Advanced Manufacturing • Medical Manufacturing • Food and Beverage Manufacturing • Finance, Insurance and Real Estate • Professional and Medical Services These target industries were identified based on their employment size, growth, and concentration in the City and on the size and performance of the sectors in the larger region. The target industries are sectors that are not only strong in Rancho Cucamonga but are also strong industries in the Inland Empire that the City can leverage and build on. The EDS provides a special focus on growing and supporting the target industries sectors. Tailored strategies are included to leverage the City's unique strengths in these industries. The following is a table summarizing the target industry sectors based on the location quotient. Rancho Share of Rancho Industry Cucamonga Rancho Cucamonga/San Jobs Cucamonga Bernardino Jobs County LQ1 Manufacturing Industries Advanced Manufacturing 1,974 3.2% 2.7 Medical Manufacturing 1,955 3.2% 5.8 Food and Beverage Manufacturing 1,398 2.3% 1.3 Office Industries Finance, Insurance, and Real Estate 5,789 9.4% 3.3 Professional Services2 2,707 4.4% 2.7 Source:Data Axel, 2022; QCEW, 2021. Note: i Location Quotient(LQ)is a measure of how concentrated an industry is relative to a larger geography. The LQ shown here represents the concentration of jobs in the City compared to San Bernardino County.A location quotient of greater than 1.0 means an industry is concentrated in an area while a location quotient of less than 1.0 means an industry is not concentrated in an area. 2 Health services jobs are not included in the data shown here. Medical service jobs are somewhat less concentrated in the City compared to San Bernardino County, but the sector is growing in Rancho Cucamonga and the City is committed to expanding this growth. City of Rancho Cucamonga I Economic Development Strategy 2023 9 Advanced Manufacturing Advanced manufacturing is characterized by manufacturing activity involving innovative technologies and requiring skilled Aerospace in the Region workers with technical knowledge and training. Advanced Southern California is home to most of the manufacturers span industries that include the production of State's advanced manufacturing companies. aerospace equipment, medical devices, and computer Los Angeles components. California's aircraft, engine, and parts In Rancho Cucamonga, there are approximately 2,000 manufacturing industry establishments, and advanced manufacturing jobs in the City (excluding medical Orange • ' • quarter manufacturing jobs, which is included as its own target of total industry sector in the EDS). County accounts for the thirdlargest concentrationof Aerospace and electric vehicles are among the advanced approximately seven percent of firms. manufacturing industries with opportunities to grow in the City. The manufacturing of electric vehicles could be well aerospaceIn San Bernardino County several companies have found attributing suited to Rancho Cucamonga due to the City's location neartheir achievements to _ complimentary electric vehicle businesses in Los Angeles, Countys business •_ titive Irvine, and San Diego, and the City's proximity to areas thatcoststructureandlogisticsnetwork, • are rich with rare earth minerals. Rancho Cucamonga is presence of skilled engineers nearbyrom already home to several aerospace manufacturing universities. Favorable companies, the largest of which include Air Components Inc, for flying and access to _ workforce Hartwell Corporation, and Pneudraulics Inc. Among specialized electronic manufacturers, the City's largest employers Southern California and San Bernardino include Arlon Electronic Materials, Celco-Pacific Division, County attractive to . and VPG Transducers. Top Advanced Manufacturers in Rancho Cucamonga • Consolidated Precision Products • Pneudraulics Inc. • Arlon Electronic Materials Medical Manufacturing In Southern California, pharmaceutical manufacturing forms a significant share of the region's economy with the largest concentrations of employment in Orange County and Los Angeles County. Medical manufacturing can generally be considered advanced manufacturing, but on its own, it represents a significant number of jobs (approximately 2,000 jobs) in the City of Rancho Cucamonga and is highly concentrated in the City relative to San Bernardino County.The industry involves the production of medical equipment and medicine. Amphastar Pharmaceuticals is the City's largest medical manufacturer and one of the City's largest employers. Other significant employers include medical device and surgical instrument manufacturers such as Comar, Eagle Labs, and Mediflex Inc. The concentrated presence of medical manufacturing in the City indicates the likelihood of a local business ecosystem involving complementary businesses and educated talent that could be leveraged for future growth in this sector. 3 Based on employment size provided by Data Axel(2022). City of Rancho Cucamonga I Economic Development Strategy 2023 10 Top Medical Manufacturers in Rancho Cucamonga • Amphastar Pharmaceuticals Inc • Comar • Eagle Labs Food and Beverage Manufacturing Los Angeles and Orange County are major centers for food and beverage manufacturing in California, and in San Bernardino County there are over 300 food and beverage manufacturing companies. Food and beverage manufacturing is a unique segment of Rancho Cucamonga's manufacturing sector that contains about 1,400 jobs and is concentrated in the City relative to San Bernardino County, which itself contains a large amount of activity in the sector. Frito Lay Inc.,Coca-Cola Bottling Co, Cerenzia Foods Inc,and Evolution Fresh are among the City's largest food and beverage manufacturers. Mizkan America and Nongshim USA are examples of international manufacturers that employ a significant number of workers in the city. This sector also includes several breweries that provide the added benefit for creating a sense of place in the community and potential regional destination in Rancho Cucamonga. While there is currently some wine-related production in the City, Rancho Cucamonga has a history of winemaking, and the growth of wineries in the City could complement the City's growth of breweries. Top Food and Beverage Manufacturers in Rancho Cucamonga • Frito Lay Inc. • Coca-Cola Bottling Co • Nongshim USA Finance, Insurance, and Real Estate Rancho Cucamonga has a high concentration of the region's finance, insurance, and real estate industry (sometimes referred to as FIRE industries) employment. There are approximately 5,800 FIRE jobs in the City that account for 9.4 percent of total employment. Insurance-related activity accounts for about half of the FIRE jobs in Rancho Cucamonga, of which are employed at offices of national insurance providers such as First American Title and CorVel Corporation, and in small to medium-sized insurance broker firms. In addition to several national banking branches, a large portion of the finance-related companies in Rancho Cucamonga are small mortgage lenders, portfolio management, and investment firms. Among real estate- related firms, most in the city are medium to small offices of real estate agents and brokers. Top Finance, Insurance, and Real Estate Companies in Rancho Cucamonga • Inland Empire Health Plan • First American Title • CorVel Corporation City of Rancho Cucamonga I Economic Development Strategy 2023 11 Professional and Medical Services Professional service firms range from engineering and design companies to legal and accounting firms. Rancho Cucamonga has approximately 2,700 professional service jobs,which accounts for five percent of total employment. Rancho Cucamonga represents a hub for professional services in the region. The professional service industry complements other target industries such as advanced manufacturing through related research and administrative activity. Large professional service employers in the City include aerospace and engineering companies such as CDM Smith and Atlas Testing Laboratories. Rancho Cucamonga's professional services industry also consists of several small, local offices that provide legal, tax, and design services that serve the local and regional community. Medical service jobs are part of a significant and expanding healthcare and social assistance sector in the City and include offices of physicians, dentists, and other healthcare professionals.4 Top companies in Rancho Cucamonga • CDM Smith • Atlas Testing Laboratories • Advanced Office Attracting and retaining the target industries will have many benefits to the City and the region. These benefits are identified in the figure below. 2 HIGHER PAYING JOBS TARGET INDUSTRY INNOVATION 8 OPPORTUNMES 'Potential aenerrts Das.a an rndas[ry 4 Health services jobs are somewhat less concentrated in the City compared to San Bernardino County, but the sector is growing in Rancho Cucamonga and the City is committed to expanding this growth. City of Rancho Cucamonga I Economic Development Strategy 2023 12 Goals and Strategies The ultimate goal of the EDS is to help establish Rancho Cucamonga as the cultural and economic hub of the Inland The ultimate . l of the EDS is to Empire. To accomplish this, the EDS establishes four guiding goals, which include: help establish Rancho 1. Grow and Diversify the City's Economy Cucamonga as the cultural and 2. Enhance the Quality of Life economic hub of the Inland 3. Expand Retail, Entertainment, and Hospitality 4. Foster Growth of Local Businesses and Workforce ECONOMIC DEVELOPMENT STRATEGY OOALI OOA62 Grow and Diversify the Enhance the Quality of Life City's Economy rl n�r CULTURAL AND ECONOMIC HUB OF THE INLAND EMPIRE v OOAL4 OOAL3 Foster Growth of Local Expand Retail,Entertainment. Businesses and Workforce and Hospitality These goals organize the EDS's strategies, which provide more specific guidance to the City through a series of actions. City of Rancho Cucamonga I Economic Development Strategy 2023 13 1. Grow and Diversify the City's Economy 1.1 Grow the City's target industry sectors The target industry sectors in Rancho Cucamonga include those that employ a significant number of workers, are highly concentrated in the City, and are well-positioned to grow and increase the value of sectors that lead the City's economy.The target industry sectors include advanced manufacturing; medical manufacturing; food and beverage manufacturing; finance, insurance, and real estate; and professional services. Action 1.1A Coordinate with San Bernardino County's Economic Development Agency to recruit new companies. San Bernadino County's Economic Development Agency assists companies with locating within the County. Coordinate with the County to help match employers with strategic locations in Rancho Cucamonga. Action 1.1 B Coordinate with the Governor's Office of Business and Economic Development(GO-Biz)to recruit new companies.GO-Biz provides consultation services to business owners including site selection at no cost. Coordinate with GO-Biz to help match employers with strategic locations in Rancho Cucamonga. Action 1.1 C Connect new businesses with resources from the State. The State of California offers resources such as tax credits to businesses that want to locate in California or stay and grow in California. Promote available resources to businesses as part of efforts to recruit businesses to the City. Action 1.1 D Recruit new businesses in the City's target industry sectors. Work internally and with partners to identify companies in the target industries that are well- matched for Rancho Cucamonga and engage in outreach to these businesses. Action 1.1 E Convene working meetings with local business representatives from industries in the City's target industries. Use meetings to foster relationships between the Economic Development Division and peer companies to learn about challenges and opportunities to support target industry businesses in the City. Action 1.1 F Complete a comprehensive review of the fee structure and cost of doing business in Rancho Cucamonga. Compare Rancho Cucamonga's fees and development process to peer and competitor cities to ensure the City's competitive position is maintained. 1.2 Market to businesses the advantages of locating in the City Rancho Cucamonga is an ideal location for many businesses. The advantages of locating in the City should be clearly defined and available to employers looking to start or relocate their business. Action 1.2A Develop materials that market advantages for locating in Rancho Cucamonga. Rancho Cucamonga has many attractive qualities for businesses such as access to high-quality transportation, skilled and educated talent, and educational opportunities. The City also features a high quality built environment, attractive master planned neighborhoods, and a diverse housing stock. Making materials will provide a special focus on the City's target industry sectors when crafting promotional materials to aid in business recruitment. Action 1.213 Continue to regularly update "Rancho Cucamonga at a Glance" and "Retail Opportunity" marketing materials. The City currently publishes documents that promote the City's demographics as they related to economic vibrancy. Continue to update these materials regularly and make them available on the Economic Development Division's webpage. City of Rancho Cucamonga I Economic Development Strategy 2023 14 Action 1.2C Develop promotional materials on the Economic Development Division webpage that profiles the City's access to recreational and community parks and cultural amenities. Rancho Cucamonga has access to scenic nature and outdoor recreational spaces such as the North Etiwanda Preserve, Etiwanda Falls Trail, San Bernardino National Forest, hillside open spaces, multipurpose trails, and equestrian trails in addition to cultural landmarks such as the Sam and Alfreda Maloof Foundation for Arts and Crafts, Cucamonga Service Station, and the Chaffey-Garcia House. Develop marketing materials that promote the City's access to nature and outdoor recreation and cultural amenities. Also include information that informs businesses and residents about environmental policies and initiatives, future new green space, and outdoor recreational infrastructure. Action 1.21D Implement the Marketing and Communications Plan. The Economic Development Division has completed a Strategic Marketing and Communications Plan that complements the Economic Development Strategy. The Marketing and Communications Plan further strengthens the economic development function for the City of Rancho Cucamonga. 1.3 Recruit and retain international companies Rancho Cucamonga is an attractive location for international manufacturing companies for many reasons including the City's proximity to the Ports of Los Angeles and Long Beach and the City's access to highways that allows convenient shipping around the U.S. and to Canada and Mexico. Two of Rancho Cucamonga's largest food manufacturing firms, Mizkan America and Nongshim USA are international companies based in Asia. The City is also home to a Mission Foods facility, a subsidiary of Mexico-based, global food company, Gruma. Additionally, several international aerospace companies are based in San Bernardino County. Action 1.3A Connect businesses with resources through the San Bernardino County Economic Development Agency. The County offers services to inform businesses about opportunities to expand markets on a global scale and attract investment from abroad. Action 1.313 Connect businesses with resources from State, and International & Trade programs. GO-Biz manages international business programs such as the California STEP program, which offers financial assistance to eligible California small businesses pursuing export sales in foreign markets. Action 1.3C Develop an international marketing program to attract foreign businesses. Create an international marketing program that includes training events for local businesses, City staff, and other stakeholders to engage with foreign companies. The marketing program will provide a special focus on the City's target industries. 1.4 Connect businesses with commercial space opportunities in the City Rancho Cucamonga's Economic Development staff currently assists businesses with the process of finding a suitable location in the City. Additional efforts to attract and assist companies considering relocating to Rancho Cucamonga may increase the number of businesses locating in the City. Action 1.4A Continue support for the "Site Selection Assistance" service in the City and enhance the promotion of the service. Assign site selection assistance to specific staff members and include brief bios of the staff that are involved with site selection to foster the feeling of a personal experience. Action 1.413 Maintain customer service orientation in the "Site Selection Assistance" service. The City will allocate resources to provide customized and attentive services to requests for location assistance in the City. City of Rancho Cucamonga I Economic Development Strategy 2023 15 Action 1.4C Prepare a "viewbook" promoting a range of commercial space examples available in the City. Create a viewbook that highlights a selection of high quality available commercial space in the City and how the City's quality of life can contribute to opportunities and benefits for business owners and employees in terms of the local business environment and lifestyle. Ensure the viewbook is provided online and as a printout. Action 1.4D Market vacant office, retail, and industrial spaces on the City's website. Provide a comprehensive inventory of vacant commercial spaces on the City's Economic Development Division webpage.City staff will benchmark efforts against competitor cities. Action 1.4E Build relationships with Real Estate Brokers and Site Selection Companies. Continue to work with the commercial brokerage community and site selection companies to identify trends, conflicts, and development opportunities. Work with the local brokerage community to actively market and identify users for infill redevelopment sites and development projects throughout the City. 1.5 Support the construction and redevelopment of commercial properties Office, retail,and industrial real estate markets in Rancho Cucamonga have performed well in recent years and are competitive compared to the local region. Help facilitate building and redevelopment in the City to ensure it does not impede attracting and retaining businesses. Action 1.5A Continue to address small discrepancies in the development process as they occur and review the current development approval process to remove barriers and improve efficiency. Designate specific duties to department staff to coordinate with other city departments to resolve challenges as they occur and develop an internal report recommending systemic changes. Action 1.51B Explore opportunities for the redevelopment of sites. Identify vacant and underused properties for potential redevelopment and conduct outreach to property owners to explore conversion and redevelopment opportunities. Coordinate with action items focused on key sectors.These efforts will support the City's ongoing General Plan and Zoning Code updates as needed. Action 1.5C Solicit feedback from commercial developers. Convene a group of local commercial real estate developers to promote the City's goals for real estate development and to learn more about challenges and opportunities for developing properties in the City. Action 1.51D Solicit feedback from real estate professionals. Convene a group of local real estate professionals to educate the broker community on the City's vision, and enhance collaboration and information sharing. Action 1.5E Explore potential incentives for encouraging redevelopment. Explore financial incentives such as tax abatement programs and nonfinancial incentives such as permit streamlining to encourage property owners to redevelop vacant and underused properties. City of Rancho Cucamonga I Economic Development Strategy 2023 16 2. Enhance the Quality of Life 2.1 Establish and promote the City's Downtown StationCucamonga location a Station will be The City's General Plan explores "the potential of the d in _ s HART District and serve area around Victoria Gardens and the Epicenter to regional The • become the 'real downtown' of Rancho Cucamonga." s a including:connect several transit systems While the General Plan focuses on physical changes and infrastructure, other efforts can help establish the City'shigh-speed" rail Downtown identity such as branding and coordinating Bus Rapid community events in the Downtown. service provided by Omnitrans Action 2.1A Create an internal understanding of tunnel . Ontario InternationalAirport the City's Downtown location. Develop and circulate an internal and Ride-Share services memo describing the approximate .6th Street bicycle track location of the City's Downtown. Action 2.1 B Promote placemaking and _ ail htline West) walkability. Encourage pedestrian, �-_• • building frontage, and other - privately funded improvements that enhance the public high-speed rail system,will connect realm as described in the City's Vegas and Rancho Cuc with the amonga General Plan. Cucamonga Station serving as Los Angeles terminal. From the terminal in Action 2.1 C Locate community events and Rancho Cucamonga, passengersbe public art in the Downtown area. able to transfer fromto the Explore locations for community events Rancho Cucamonga Metrolink Station. to occur in the City's Downtown. Trains will travel at an expected Consider relocating existing events to a per hourand feature location in the City's Downtown. Work ... . . beverages,check-• with RC Public Art to explore options luggage, and • - for adding public art to the Downtown Connection to OntarioInternational Airport area. The RC Public Art Plan calls for prioritizing key areas in the City, such In 2022, service commenced on as the Downtown,to locate murals and service, ONT Connect, mosaics. The RC Public Art Plan also passengers fr• ' Cucamonga includes strategies for creating an art Metrolink Stationto the Ontario International walk program and commissioning Air•• tunnel public works of art, which could be TerminalCucamonga- • - • Station located in the Downtown. l 2 • InternationalAirport. Action 2.1 D Update signage promoting the location of the City's Downtown. Commission the creation of signage that communicates the location of the City's Downtown. 2.2 Promote and grow the HART District The City's General Plan envisions the HART District as an intense, mixed-use regional transit hub with a dynamic mix of housing, employment, and supporting commercial development. Within the District, Cucamonga Station will connect travelers with Brightline West's high-speed rail line, an underground loop to the Ontario International Airport, bus rapid transit, expanded Metrolink connections, and other transit options. City of Rancho Cucamonga I Economic Development Strategy 2023 17 Action 2.2A Establish and promote the identity of the HART District. Create messaging to include in promotional materials and business recruitment efforts that describe the future improvements in the HART District and the advantages of living and working in the District such as its proximity to Cucamonga Station, which connects Rancho Cucamonga to the surrounding region through Metrolink and the forthcoming high- speed rail line and to the world via its connection to the Ontario International Airport. Conduct outreach to property owners within the HART District informing them of the HART District's boundaries and future improvements in the area. Action 2.213 Convene transportation agencies and providers. Organize meetings with transportation agencies and providers to discuss future transportation improvements and future development in the HART District. Action 2.2C Develop a specific plan for the HART District. Coordinate the process for creating a specific plan that will guide the growth of the HART District. 2.3 Host and sponsor community and special events Community events can contribute to the vibrancy and sense of place in a community. They can also attract visitors and serve as a low barrier to entry for new retailers and food vendors. Strengthen and expand events and opportunities for community members, businesses, and visitors to engage with local businesses. Action 2.3A Explore opportunities to host or sponsor community events. Explore opportunities to host or organize events that highlight the history and culture of Rancho Cucamonga,and that have the potential to become iconic representations of the City. Examples include outdoor recreational activities such as community bike events and running events(5Ks, 10Ks, and marathons), in addition to family- fun and entertainment events that feature or combine live music, food trucks, mobile vendors, classic cars, theatre, and art. Action 2.3B Continue to review permitting, fees, and insurance requirements for community event hosts and vendors. Review City requirements to ensure they are not a barrier for hosts and vendors. 2.4 Explore potential locations in the City that may benefit from enhanced revenues and services Evaluate sections in the City that can benefit from investments and improvements made that will generate a greater economic benefit for the community, develop new employment opportunities, and contribute to the City's quality of life. Action 2AA Identify current and future locations that may benefit from enhanced services. Explore locations that could benefit from enhanced services and future areas of growth in the City. Action 2.46 Explore the potential for existing revenue sources and service districts. Analyze revenue sources and identify new funding opportunities. Action 2.4C Engage local businesses about the need for public-private collaboration for business community improvements. Collaborate with local businesses and property owners to encourage renewed investment, where it makes the most sense, with consideration for the environment and quality of life of surrounding neighborhoods. 2.5 Promote the City's historic cultural resources The City's General Plan expresses a commitment to recognizing, protecting,and maintaining Rancho Cucamonga's past. Historical monuments can serve as a visitor attraction and contribute to the sense of place, authenticity, and culture in a community. City of Rancho Cucamonga I Economic Development Strategy 2023 18 Action 2.5A Market historic resources in the City. Integrate historical monuments and cultural resources in marketing materials and explore collaborations with community events. Action 2.513 Secure historical status for qualifying sites.As part of the City's recent General Plan update, the City identified several historical sites across the City. Secure National Register of Historic Places and California Register of Historical Resources status for historical sites and monuments identified by the City that qualify for these historical designations. 3. Expand Retail, Entertainment, and Hospitality 3.1 Explore opportunities for retail business recruitment Rancho Cucamonga has a strong retail sector. Restaurant and food and beverage sales perform particularly well in Rancho Cucamonga compared to San Bernardino County overall. However, Rancho Cucamonga is less competitive relative to the County in certain retail categories such as clothing apparel, automotive-related products and services, health and personal care stores, and other miscellaneous retail. Action 3.1A Compare the City's existing retail inventory to the retail businesses the City aims to attract. Individual retailers have specific site location requirements such as the size and quality of spaces for lease. Review existing retail inventory to determine the ability of existing spaces to satisfy size and quality requirements for retailers. Action 3.1 B Commission a retail leakage study. Residents in Rancho Cucamonga are traveling outside the City to make certain purchases. Commission a retail leakage study to determine which types of retail Rancho Cucamonga residents typically purchase outside the City and should be targeted for recruitment. 3.2 Cultivate a cluster of breweries, wineries, and tasting rooms in the City Clusters of breweries, wineries, and tasting rooms can serve as a regional destination that brings visitors to a City. Rancho Cucamonga currently has several breweries concentrated in the center of the City, south of Foothill Blvd and northwest of the HART District. These breweries form a part of the City's concentration of food and beverage manufacturers and benefit from the City's specialization in this sector. Action 3.2A Promote and support the City's cluster of breweries. Create an identity for the area where the City's breweries are clustered. Engage local breweries and connect them with events to vendor and sponsor in Rancho Cucamonga. Action 3.26 Recruit and support breweries, wineries, and tasting rooms. Identify breweries, wineries, and tasting rooms, and perform outreach to recruit new businesses to Rancho Cucamonga. 3.3 Attract restaurants to the City that are destination driven Rancho Cucamonga's restaurant base serves our residents, the local workforce and visitors to the City. Identify entrepreneurs elsewhere in Southern California that already operate restaurants, and successful local restaurant owners looking to reposition or expand upon their existing operations. Action 3.3A Retain and recruit a healthy and diverse mix of restaurants throughout the City. Work with restaurant owners and operators to identify and develop sites for new sit-down restaurants that create a sense of place. Action 3.315 Explore options that might be available for restaurants in retail centers. Identify existing commercial property centers to create more attainable restaurant opportunities. City of Rancho Cucamonga I Economic Development Strategy 2023 19 3.4 Explore opportunities to expand hospitality in the City The City continues to leverage the hospitality demand for business and leisure travelers.The nearby Ontario International Airport has been expanding flight services, and the City is located along several freeways and local and regional attractions. Action 3.4A Explore future hospitality opportunities in the HART District. The HART District is positioned to be a major regional transportation hub, including a high- speed rail line to Las Vegas. the tunnel to Ontario International Airport, and bus rapid transit. The HART District is also located near freeway access and entertainment options to the north in the City's Downtown and south along Fourth Street. Action 3.413 Identify future hospitality opportunities around Victoria Gardens and Civic Center. The City will identify sites that may be suitable for the development of a new hotel property around Victoria Gardens and Civic Center. Action 3AC Attract boutique, high-end and luxury hotels. Review the development code and identify updates that can facilitate boutique, high-end and luxury hotel developments in the City. 4. Foster Growth of Local Businesses and Workforce 4.1 Expand higher education institutions in the City Rancho Cucamonga is home to Chaffey College and a satellite campus of the University of Redlands. Residents and employers in the City also have access to several other colleges and universities such as UC Riverside, Cal Poly Pomona, California State University San Bernardino, California Baptist University, University of La Verne, Claremont Colleges, San Bernardino Valley College, and other technical schools in the area. Action 4.1A Strengthen partnerships with local higher education institutions. Establish regular meetings with workforce development staff at Chaffey College, The University of Redlands Rancho Cucamonga Campus, and other educational organizations to explore opportunities to collaborate on workforce development. Use meetings to explore opportunities to connect students with learning and employment opportunities in the City with a particular focus on the City's target industries sectors. Action 4.1 B Foster relationships with nearby colleges and universities. Build a working relationship with other colleges and universities such as Cal Poly Pomona and UC Riverside to explore opportunities to collaborate on workforce development and potential satellite expansions in Rancho Cucamonga. 4.2 Cultivate local innovation Startups and innovative local companies can create new ideas and spur economic growth in a community. Young and bootstrapped companies can benefit from Rancho Cucamonga's lower land and living costs compared to more costly nearby metro areas and coastal cities. The relatively smaller population and employment base size in Rancho Cucamonga also offers more visibility in the community for growing companies than in large metro areas. Action 4.2A Explore partnerships with universities and organizations to support the creation of incubators and business accelerator programs. Identify partners in the region interested in establishing incubators and business accelerators in Rancho Cucamonga. Action 4.213 Host networking events for local businesses and entrepreneurs. Assist in creating a vibrant entrepreneurial ecosystem by connecting entrepreneurs with each other. Explore opportunities to host or co-host existing events with partners. Consider resources that the City can leverage such as facilities to host events. City of Rancho Cucamonga I Economic Development Strategy 2023 20 4.3 Provide support for small businesses Most businesses in Rancho Cucamonga are small businesses with 10 or fewer employees. The City can foster local culture and economic growth by supporting locally grown businesses that are unique to Rancho Cucamonga. Action 4.3A Establish a small business outreach program. Continue to partner with the Rancho Cucamonga Chamber of Commerce and the Orange County Inland Empire Small Business Development Center to conduct regular outreach to small businesses. Action 4.36 Connect small businesses with resources and technical assistance. Provide resources on the Economic Development Division webpage for small businesses such as a guide to opening a business in Rancho Cucamonga and contact information for Economic Development staff who can provide individual support. Provide links to external resources such as USA.gov and the Orange County Inland Empire Small Business Development Center for tools for starting a business, and include information about available federal, state, and private loans and grants for small businesses. Action 4.3C Establish a small business loan program. Establish a loan fund for existing and new small businesses that do not have access to other loan and grant programs. Explore opportunities to collaborate with organizations interested in funding small local businesses. 4.4 Enhance data collection to track business activity in the City Data on local business activity is helpful for understanding trends and challenges and opportunities for business growth in the City. Action 4AA Ensure access to state-of-the-art telecommunications. Establish regular monitoring of access to telecommunications, such as internet quality, in the City and emerging technologies available in comparable communities to ensure the City stays competitive regarding access to quality telecommunication services. Action 4.413 Use the business licensing program to facilitate the collection of employment and other data about local companies. This data will be used to improve understanding of the number of businesses relocating and expanding within City limits. Action 4.4C Develop an annual or biannual local business survey. Develop a short survey that will solicit information about challenges and opportunities from local businesses operating in the City. 4.5 Connect students, job seekers, and employers with workforce development opportunities The City can help facilitate employment pipelines by connecting students, workers, and employers with resources and events that provide networking and training opportunities. These initiatives support the business attraction efforts and create a future workforce pipeline. Action 4.5A Explore hosting or connecting students and job seekers with industry- specific events. Explore opportunities to host or connect workers with events related to the City's target industries. Some examples may include events regularly organized by the Manufacturers' Council of the Inland Empire (MCIE) or Manufacturing Day by the Manufacturing Institute, which aims to introduce students to learning opportunities and to connect job seekers with manufacturing employers. City of Rancho Cucamonga I Economic Development Strategy 2023 21 Action 4.513 Connect employers with the San Bernardino County Workforce Development Board. The County offers support to employers for hiring new employees and training, including on-the-job training,which the County may cover a portion of the funding. Market the available support from the County to existing and potential new businesses. Action 4.5C Create stronger links between local employers, education and service providers, and residents. Develop partnerships to facilitate increased communication and collaboration between service providers and employers. WORKFORCE DEVELOPMENT PIPELINE Technical Careei�Pat 2way Higher ED Traininglacernent . Education 'A IF 'Apr 'AIF City of Rancho Cucamonga I Economic Development Strategy 2023 22 Looking Ahead Over the past 40 years,the City of Rancho Cucamonga has grown into the premier city in the Inland Empire, featuring a skilled workforce, strong manufacturing sector, high quality housing stock and growing office- based sectors. The City's success is in large part due to its adherence to high standards regarding the quality of new development and public spaces, and reinforcing a strong sense of place. Serving as a blueprint for the future and complementing the General Plan, the EDS will advance the long- term vision of making Rancho Cucamonga the cultural and economic hub of the Inland Empire. The aspirational goals set in this EDS position the City for long-term success. Achieving these results requires an ongoing commitment from all levels of City government and community members. Building upon that foundation, longer-range goals include: • Strengthen the City's sense of identity and character by creating places where people want to be and improving their ability to move around; • Develop a civic and economic culture that provides entrepreneurs and business owners access to resources needed to start up and stay in business; • Create an urban fabric of accessible community gathering spaces and active building fronts; • Grow the arts, cultural, and creative industries cluster to provide social value to residents, while helping with job creation and prosperity in our local economy; • Create a cluster of eatertainment(eateries and entertainment)opportunities that connect the HART District, Epicenter and Victoria Gardens; • Establish the City as a place of opportunity with a vibrant base of creative businesses, cultural institutions, entertainment venues, and homegrown talent; • Build a strong economy that maximizes opportunities for business and employment growth, innovation and partnership; and • Grow new businesses that provide an increasing number and diversity of employment opportunities compatible within a mixed-use, transit-oriented employment district environment. Rancho Cucamonga is suited for economic growth and investment. As the City moves forward in its innovative programs, services and long-range goals, the city will continue to be equally forward thinking in a strategic approach to all future development and investment. City of Rancho Cucamonga I Economic Development Strategy 2023 23 Implementation Plan This section describes the 5-year work plan for implementing the EDS. Actions are divided into three time periods: 1 year, 2-3 years, and 4-5 years. The work plan also identifies the lead department and assisting partners. Action Lead Department Partners Timeline 1.Grow and Diversify the City's Economy 1.1 Grow the City's target industry sectors 1.1A Coordinate with San Economic San Bernardino County Bernardino County's Economic 1 Development Agency to recruit Development Economic Development Year new companies. Division Agency 1.1B Coordinate with the Governor's Office of Business Economic 1 and Economic Development Development GO-Biz Year (GO-Biz)to recruit new Division companies. 1.1 EconomicC Connect new businesses Development GO-Biz 1 with resources from the State. Division Year 1.1D Recruit new businesses in Economic Rancho Cucamonga 2-3 the City's target industry sectors. Development Chamber of Commerce Years Division 1.1E Convene working meetings Economic with local business Development Rancho Cucamonga 2-3 representatives from industries in Division Chamber of Commerce Years the City's target industries. 1.1F Complete a comprehensive Economic review of the fee structure and Development Rancho Cucamonga 2-3 cost of doing business in Rancho Division Chamber of Commerce Years Cucamonga. 1.2 Market o businesses the advantages 1.2A Develop materials that Economic 1 market advantages for locating in Development Year Rancho Cucamonga. Division 1.213 Continue to regularly Economic update"Rancho Cucamonga at a Development 1 Glance"and"Retail Opportunity" Year marketing materials. Division City of Rancho Cucamonga I Economic Development Strategy 2023 24 Action Lead Department Partners Timeline 1.2C Develop promotional materials on the Economic Economic Community Services 1 Development Division webpage Development Department Year that profiles the City's access to Division nature and community parks. 1.2D Implement the Marketing Economic CommunityCommunity Services 1 and Communications Plan. Division Department Year companies1.3 Recruit and retain international 1.3A Connect businesses with Economic San Bernardino County resources through the San 1 Development Economic Development Bernardino County Economic Division Agency Year Development Agency. 1.3B Connect businesses with Economic 1 resources from State, and Development GO-Biz Year International&Trade Programs. Division 1.3C Develop an international Economic Rancho Cucamonga marketing program to attract Development Chamber of Commerce 4-5 Years foreign businesses. Division opportunities1.4 Connect businesses with commercial space 1.4A Continue support for the Economic "Site Selection Assistance" Development 1 service in the City and enhance Division Year the promotion of the service. 1.4113 Maintain customer service Economic 1 orientation in the"Site Selection Development Year Assistance"service. Division 1.4C Prepare a"viewbook" Economic promoting a range of commercial Development 2 3 space examples available in the Division Years City. 1.4D Market vacant office, retail, Economic 2-3 and industrial spaces on the Development Planning Division Years City's website. Division 1.4E Build relationships with Real Economic 2-3 Estate Brokers and Site Selection Development Planning Division Years Companies. Division Support1.5 .. properties City of Rancho Cucamonga I Economic Development Strategy 2023 25 Action Lead Department Partners Timeline 1.5A Continue to address small discrepancies in the development Economic process as they occur and review Development Planning Division 1 the current development approval Division Year process to remove barriers and improve efficiency. 1.56 Economic Explore opportunities for the Development Planning Division 2-3 redevelopment of sites. Years Division 1.5C Solicit feedback from Economic Development Planning Division 2-3 commercial developers. Years Division Economic 2-3 estate Yeeaa Solicit feedback from real Development Planning Division estate professionals. Division Years 1.5E Explore potential incentives Economic for encouraging redevelopment. Development 4-5 Years Division 2. Enhance the Quality of Life MIM �. 2.1A Create an internal Economic Development 1 understanding of the City's Planning Division Division Year Downtown location. 2.1113 Promote placemaking and Planning Division Economic Development 1 walkability. Division Year 2.1C Locate community events Economic Community Services 2 3 and public art in the Downtown Development Department, RC Public Years area. Division Art 2.111) Update signage promoting Economic Planning Division, RC the location of the City's Development Public Art 4-5 Years Downtown. Division 2.2 Promote and grow the HART District 2.2A Establish and promote the Plannin Division Economic Development 2-3 g identity of the HART District. Division Years City of Rancho Cucamonga I Economic Development Strategy 2023 26 Action Lead Department Partners _ Timeline Economic Development 2.2B Convene transportation Division, SBCTA, 2-3 agencies and providers. Planning Division Metrolink, Brightline Years West 2.2C Develop a specific plan for Planning Division 4-5 Years the HART District. sponsor2.3 Host and 2.3A Explore opportunities to Economic Community Services 2-3 host or sponsor community Development Department Years events. Division 2.3113 Continue to review Economic Community Services permitting,fees,and insurance 2-3 requirements for community Development Department, RC Public Years event hosts and vendors. Division Art Explore2.4 potential revenues and services 2AA Identify current and future Economic 2-3 locations that may benefit from Development Planning Division Years enhanced services. Division 2.46 Explore the potential for Economic existing revenue sources and Development Planning Division 4-5 Years service districts. Division 2AC Engage local businesses Economic about the need for public-private Development Planning Division 4-5 Years collaboration for business Division community improvements. Promote2.5 resources 2.5A Market historic resources in Economic Development Planning Division the City. Year Division 2.56 Secure historical status for Planning Division Etiwanda Historical 4-5 Years qualifying sites. Society Explore3. Expand Retail, Entertainment, and Hospitality 3.1 opportunities City of Rancho Cucamonga I Economic Development Strategy 2023 27 Action Lead Department Partners Timeline 3.1A Compare the City's existing Economic retail inventory to the retail Development 2-3 businesses the city aims to Division Years attract. 3.1B Commission a retail Economic leakage study. Development 4-5 Years Division rooms3.2 Cultivate a cluster of breweries,wineries,and tasting 3.2A Promote and support the Economic 2-3 City's cluster of breweries. Development Years Division 3.2B Recruit and support Economic 2 3 breweries,wineries, and tasting Development Years rooms. Division 3.3 Attract restaurants to the City that are destination driven 3.3A Retain and recruit a healthy Economic 2 3 and diverse mix of restaurants Development Years throughout the city. Division 3.3B Explore options that might Economic 2-3 be available for restaurants in Development retail centers. Division Years Explore3.4 opportunities to expand hospitality 3.4A Explore future hospitality Economic opportunities in the HART Development 4-5 Years District. Division 3.4B Identify future hospitality Economic opportunities around Victoria Development 4-5 Years Gardens and Civic Center. Division 3.4C Attract boutique, high-end Economic and luxury hotels. Development 4-5 Years Division 4. Foster Growth of Local Businesses and Workforce 4.1 Expand higher education institutions in the City City of Rancho Cucamonga I Economic Development Strategy 2023 28 Action Lead Department Partners Timeline 4.1A Strengthen partnerships Economic Partners: Chaffey with local higher education Development College, University of 1 institutions. Division Redlands Rancho Year Cucamonga Campus Economic Partners: Cal Poly 4.1B Foster relationships with Pomona, UC Riverside, 2-3 nearby colleges and universities. Development and other colleges and Years Division universities 4.2 Cultivate local innovation 4.2A Explore partnerships with universities and organizations to Economic Inland Empire Center 2-3 support the creation of incubators Development for Entrepreneurship Years and business accelerator Division programs. 4.26 Host networking events for Economic Rancho Cucamonga local businesses and Development Chamber of Commerce, 2-3 entrepreneurs. Division Inland Empire Center Years for Entrepreneurship support4.3 Provide Rancho Cucamonga Economic Chamber of Commerce, 4.3A Establish a small business Development Orange County Inland 2-3 outreach program. Division Empire Small Business Years Development Center (OCIE SBDC) 4.313 Connect small businesses Economic Rancho Cucamonga 2-3 with resources and technical Development Chamber of Commerce Years assistance. Division Rancho Cucamonga Economic Chamber of Commerce, 4.3C Establish a small business Development Orange County Inland 4-5 Years loan program. Division Empire Small Business Development Center (OCIE SBDC) 4.4 Enhance data collection to track business activity in the City 4.4A Ensure access to state-of- Economic Public Works 1 the-art telecommunications. Development Department Year Division City of Rancho Cucamonga I Economic Development Strategy 2023 29 Action Lead Department Partners Timeline 4.413 Use the business licensing Economic program to facilitate the collection Development 2-3 of employment and other data Division Years about local companies. 4AC Develop an annual or Economic 2 3 biannual local business survey. Development Years y Division 4.5 Connect students, .. seekers,and employers developmentopportunities 4.5A Explore hosting or Rancho Cucamonga Economic Chamber of Commerce, connecting students and job Development Manufacturers' Council seekers with industry-specific Division of the Inland Empire Year events. (MCIE) 4.513 Connect employers with the Economic San Bernardino County San Bernardino County Development Workforce Year Workforce Development Board. Division Development Board 4.5C Create stronger links Economic San Bernardino County between local employers, Development Workforce education and service providers, Division Development Board Year and residents. City of Rancho Cucamonga I Economic Development Strategy 2023 30