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HomeMy WebLinkAbout02-17-2026 Economic Development Committee Agenda PacketFebruary 17, 2026 Dublin Economic Development Committee Agenda 1 Regular Meeting of the CALL TO ORDER AND PLEDGE OF ALLEGIANCE 2. PUBLIC COMMENT 3. ACTION ITEMS The Committee will consider approval of the minutes of the December 16, 2025 Regular Economic Development Committee Meeting. Approve the minutes of the December 16, 2025 Regular Economic Development Committee Meeting. December 16, 2025 Regular Economic Development Committee Meeting Minutes REPORTS 4.1 The Committee will receive a presentation from David Stark on local residential real estate trends, including home sales, pricing, inventory, and the national, state, and regional factors shaping today’s housing market. Receive the report. Staff Report The Committee will receive an update on various economic development activities including the Economic Development Strategy implementation, new resources and materials, and upcoming events. Sherry Hu, Mayor Jean Josey, Vice Mayor 1 February 17, 2026 Dublin Economic Development Committee Agenda 2 Receive the report. Staff Report Attachment 1 - Economic Development Snapshot The Committee will receive an update on commercial business activity in Dublin. Receive the report. Staff Report Attachment 1 - Commercial Business Activity List REQUEST FOR FUTURE MEETING AGENDA ITEMS The Committee and/or City Staff will present items to be discussed at future meetings. ADJOURNMENT This AGENDA is posted in accordance with Government Code Section 54954.2(a) If requested, pursuant to Government Code Section 54953.2, this agenda shall be made available in appropriate alternative formats to persons with a disability, as required by Section 202 of the Americans with Disabilities Act of 1990 (42 U.S.C. Section 12132) (ADA), and the federal rules and regulations adopted in implementation thereof. To make a request for disability-related modification or accommodation, please contact the City Clerk’s Office (925) 833-6650 at least 72 hours in advance of the meeting. Upon receiving a request, the City will swiftly resolve requests for reasonable accommodation for individuals with disabilities, consistent with the federal ADA, and resolve any doubt in favor of accessibility. Agenda materials that become available within 72 hours in advance of the meeting, and after publishing of the agenda, will be available at Civic Center, 100 Civic Plaza, and will be posted on the City’s website at www.dublin.ca.gov/ccmeetings. Mission The City of Dublin promotes and supports a high quality of life, ensures a safe, secure, and sustainable environment, fosters new opportunities, and champions a culture of equity, diversity, and inclusion. 2 Tuesday, December 16, 2025 Economic Development Committee Minutes MINUTES OF THE ECONOMIC DEVELOPMENT COMMITTEE REGULAR MEETING Tuesday, December 16, 2025 – 5:30 p.m. A Regular Meeting of the Economic Development Committee was held on Tuesday, December 16, 2025 at City Hall, 100 Civic Plaza, Dublin, CA 94568 in the City Manager’s Conference Room. The meeting was called to order at 5:31 p.m. by Mayor Sherry Hu. 1. CALL TO ORDER AND PLEDGE OF ALLEGIANCE PRESENT: Mayor Sherry Hu and Vice Mayor Jean Josey ABSENT: None 2. PUBLIC COMMENT No public comments were received. 3. ACTION ITEMS 3.1 Approval of the October 21, 2025 Regular Economic Development Committee Meeting Minutes ACTION: By consensus, the Committee approved the minutes of the Regular Meeting of October 21, 2025. 4. REPORTS 4.1 Economic Development Marketing and Branding Strategy Update Economic Development Manager Felicia Escover provided a brief update on the Economic Development Marketing and Branding Strategy and introduced Commune Communication, which provided a presentation on the initial visual concepts. The Committee provided feedback and direction on the initial visual concepts . 4.2 Innovation Tri-Valley Leadership Group (ITV) Annual Report Presentation ITV’s Executive Director Katie Marcel presented a review of the organization’s most recent activities, accomplishments, and key milestones from the past year. The Committee received the report. 4.3 Commercial Business Activity in Dublin Management Analyst Rhonda Franklin provided an update on commercial business activity in Dublin. The Committee received the report. Agenda Item 3.1 3 Tuesday, December 16, 2025 Economic Development Committee Minutes 4.4 Economic Development Activity in Dublin Economic Development Manager Felicia Escover provided an update on various economic development activities including the Economic Development Strategy implementation, new resources and materials, and upcoming events. The Committee received the report. 5. REQUEST FOR FUTURE MEETING AGENDA ITEMS The Committee requested the following item be discussed at a future meeting:  An update on the current status of the unemployment rate. 6. ADJOURNMENT The meeting adjourned at 6:40 p.m. Minutes prepared by Rhonda Franklin, Management Analyst II. ______________________________ Mayor ATTEST: ____________________________________ Economic Development Manager 4 STAFF REPORT Economic Development Committee Page 1 of 1 Agenda Item 4.1 DATE: February 17, 2026 TO: Honorable Committee Members FROM: Hazel Wetherford, Deputy City Manager SUBJECT: Residential Real Estate Market Presentation Prepared by: Felicia Escover, Economic Development Manager EXECUTIVE SUMMARY: The Committee will receive a presentation from Bay East Association of Realtors Chief Public Affairs and Communications Officer, David Stark, on local residential real estate trends. STAFF RECOMMENDATION: Receive the report. FINANCIAL IMPACT: There is no financial impact associated with receiving this report. DESCRIPTION: Bay East Association of Realtors Chief Public Affairs and Communications Officer, David Stark, will provide an overview of local residential real estate market conditions, including trends in home sales, pricing, and inventory. The presentation will also examine national, state, and regional demographic and economic factors influencing the homebuying and selling experience. In his role, he oversees the Association’s media relations, real estate market intelligence resources, and political activities. He works with community leaders, the media, and the public to improve understanding of real estate issues and to ensure the REALTOR® perspective is considered in public policy development. Prior to joining Bay East in 2005, Mr. Stark spent more than 12 years managing housing and community development programs for cities in Southern and Northern California. ATTACHMENTS: None. 5 STAFF REPORT Economic Development Committee Page 1 of 1 Agenda Item 4.2 DATE: February 17, 2026 TO: Honorable Committee Members FROM: Hazel Wetherford, Deputy City Manager SUBJECT: Economic Development Activity Update Prepared by: Felicia Escover, Economic Development Manager EXECUTIVE SUMMARY: The Committee will receive an update on various economic development activities including the Economic Development Strategy implementation, new resources and materials, and upcoming events. STAFF RECOMMENDATION: Receive the report. FINANCIAL IMPACT: There is no financial impact associated with receiving this report. DESCRIPTION: The Office of Economic Development remains dedicated to advancing and supporting the local business community. Attachment 1 provides a high -level summary of recently completed initiatives as well as upcoming efforts led by Staff. ATTACHMENTS: 1) Economic Development Activity Snapshot 6 Attachment 1 1 of 2 Economic Development Activity Snapshot December 2025 – February 2026  Working with Startup-Tri-Valley on programming for 2026, including participation in the Energy Unleashed event in March.  Working with Hacienda Crossings on center upgrades and multiple in progress and incoming tenants.  Working with the brokerage firm JLL on the sale of the property owned by Ikea along Martinelli Way.  Continuing to work through the Economic Development Marketing and Branding Strategy.  Conducted an on-site visit of H Mart.  Continued meetings with hoteliers.  Met with and assisted Visit Tri-Valley on items related to the Multi-Use Event Center.  Finalizing new resources including the Business Entitlement Process Guide and OutSmart Disaster Workbook.  Issued the January – February 2026 Dublin Business Brief which included information on the Dublin Buzz, funding resources, information on new California laws affecting businesses, etc. 7 2 of 2  Assisted with more than 60 business concierge requests for assistance with building permits, starting/growing a business, business licenses, etc.  Attended the Holiday Inn Ribbon Cutting, Chamber Holiday Mixer, USA Ninja Challenge Ribbon Cutting, Delivered Business Anniversary Plaques, Kajiken Ramen Grand Opening, Gym Guyz Ribbon Cutting, State of the Dublin Chamber, Chamber Economic Development Committee Meeting, and East Bay EDA Economic Development Directors’ Council Meeting. 8 STAFF REPORT Economic Development Committee Page 1 of 1 DATE: February 17, 2026 TO: Honorable Committee Members FROM: Hazel Wetherford, Deputy City Manager SUBJECT: Commercial Business Activity in Dublin Prepared by: Rhonda Franklin, Management Analyst II EXECUTIVE SUMMARY: The Committee will receive an update on commercial business activity in Dublin. STAFF RECOMMENDATION: Receive the report. FINANCIAL IMPACT: There is no financial impact associated with receiving this report. DESCRIPTION: The commercial business activity in Dublin remains active. Attachment 1 provides a list of new commercial businesses that are coming soon or have opened in Dublin since the last Committee meeting. ATTACHMENTS: 1) Commercial Business Activity List Agenda Item 4.3 9 Attachment 1 Creative Energy 6769 Dublin Blvd.Retailer of spas, saunas, cold plunges, swim spas, and fireplaces (formerly Eastbay Motors). Whip Clean 6955 Sierra Ct.Automotive customization and detailing (formerly Sierra Roofing and Solar). Follow the Chicken 4920 Dublin Blvd., Ste 420 Restaurant specializing in chicken dishes (formerly Kobe Pho & Grill). The Taco Concept Mediterranean Concept (Name TBD)4920 Dublin Blvd., Ste 340 Dual concept restaurant serving both taco and Mediterranean cuisine (formerly vacant 10+ years). Green font denotes recently opened. Black font denotes coming soon. 10