City Leaders Help Oakland's Economy Prosper
KGO By Willie Monroe
May 3 - KGO - An economic summit called by
Oakland Mayor Ron Dellums: "To help develop an enduring
public private collaboration for economic development which embraces civic
participation, and demonstrates that
A study from the Oakland Chamber of Commerce said the
city has been losing economic ground in its traditionally strong areas from
manufacuturing to health care. But it could make progress by turning
attention to areas like biotechnology, enhancing the
Joe Haraburda, Oakland Chamber of Commerce: "We're
talking about new opportunities. We're talking about growing, bringing
companies to
One of the mayor's community task forces recommended paying more attention to developing the neighborhoods, and not focusing exclusively on the big developments like the Uptown Project currently underway.
Creating this partnership with the business community has become particularly important, because after balancing the budget for the next two years there is very little money left for any grand new initiatives.
Dan Lindheim, Oakland Budget Director: "Well I think we had about two million dollars to play with out of a $1.1 billion dollar budget."
Developing new small businesses like these in a
showcase at
Business leaders say it may take up to the next year and a half before there is perceptible progress.