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March 15, 2011 

Village Boosts Local Economy

Project brings jobs, tax revenues and local benefits

 

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Private project brings public benefits 


The proposed Corral de Tierra shopping village will bring the county economic benefits at a crucial time.  With a high unemployment rate, challenging county and school budget gaps and the loss of redevelopment incentives, the Phelps' proposal is welcome relief.

Economic studies show that the proposed village will: 
  • Inject $32 million into the immediate local economy.
  • Provide 150 construction jobs.
  • Create almost 300 permanent jobs, including jobs for local youth.
  • Pump up local tax revenues by over $500,000 annually.
  • Create space for local entrepreneurs, shops and services.

In addition to quantifiable benefits, the project brings qualitative benefits for the area, the county and the state.  The Corral de Tierra provides a gathering place and an informal civic center for the Toro area.  And, by approving local shopping and services, the county will promote climate smart growth under SB 375 and reduce vehicle miles traveled (VMT) by nearly 3,500 VMT every day. 

Come one, come all on March 29, 2011!

 

On Tuesday, March 29th, starting at 1:30 pm, the county supervisors will hold a public hearing on the proposed Corral de Tierra shopping village.  Yes Sticker

The hearing room is located at 168 W Alisal, 1st f
loor, Salinas.  Please plan on attending, donning a YES sticker and bring your friends.  Everyone will have a chance to speak.  Your comments about how the project will benefit you and the community will make a BIG difference. 

Prior to March 29, please write an email, fax a letter or call each of the five supervisors and let them know what you think.

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