Page 3 - Milpitas CA

COMMUNITY VISION
Milpitas will preserve its close- knit community and rich cultural diversity as it it it moves with innovation into the future by supporting sustainable growth and development ensuring public safety enhancing the environment and natural landscape and and nurturing family and community connections ■ THE COMMUNITY Located at at the the the southern tip of the the the San Francisco Bay Milpitas is is a a a a a progressive community that is is an integral part of the Silicon Valley Once a a a a a a small agricultural town and and later a a a a a a stopover point for travelers between Oakland and San Jose Milpitas has blossomed into one of the world’s premier computer and semiconductor producers With a a diverse resident population of 88 660 the City of of Milpitas sees each of of the approximate 432 full-time equivalent employees as committed to accomplishing the community’s vision and Council priorities Milpitas is is a a a a flourishing community with a a a a very diverse and inclusive resident and business population Often referred
to as the the Crossroads of Silicon Valley the the City is situated
between major thoroughfares in the Bay Area and considered a a a a a a a a highly desirable location for world- class technology companies seeking to build a a a a a a a a central base of operations Today Milpitas is recognized as one of the the top 10 Best Cities for Science Technology Engineering and Mathematics (STEM) workers The US Census Bureau’s July 2019 study reveals Milpitas as as as as the the only Bay Area city to appear as as as as the the fastest growing incorporated place in in in the country with more than 50 000 people In October 2020 WalletHub also named Milpitas one of of the the the fastest-growing cities in in in the the the U S ranking it it it it No 4 out of of 515 With the the the addition of o the new new Milpitas Transit Center offering BART light rail and and bus service and and multiple new new mixed-use development projects along with a a a a a a host of of new City Plans and Programs in support of of an an an inspiring and sustainable future the the the City is at at the the the forefront of building the the the next generation economy Milpitas has a a a a a a a a a a large and and diverse offering o of retail stores and and restaurants mostly concentrated in in suburban-style shopping centers Milpitas has nearly 5 million square feet of of retail of of which three quarters is located in retail centers of different sizes and trade areas Milpitas has an an ethnically diverse array of of retail retail and and restaurants and and a a a a a a a a a a a a a significant portion of of retail retail in in Milpitas specializes in in Asian products Milpitas has major regional retail destinations that attract shoppers from beyond the city The largest centers are are the Great Mall a a a a a a a a a a a 1 1 4 4 million square feet super-regional mall and McCarthy Ranch a a a a a a a a a a a 415 000 square feet power center There are are approximately 14 5 million square feet of o office R&D and manufacturing space This inventory is flexible and and includes a a a a a a diversity of building types and and sizes which can accommodate businesses
in need of of of different types of of of spaces Milpitas currently has 5 5 5 5 million square feet of of of warehouse and distribution space