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August eNewsletter

August eNewsletter

By Brittney Sherman

In this eNewsletter, you will find information about key efforts that impact our business community, including:

-Morgan Hill Feature Event in the Business Journal

-Significant Commercial, Industrial, and Residential Project Movie Reel

-Largest In-Person Hiring Fair To Date

-2022 Local Election Items

-Updated Downtown Restaurant, Retail, and Development Map

-Hotel Incentive Policy Revisions

-Sidewalk Saturdays Returns this Fall

-Carniceria Elite Meat Market, MOHI Farm, and Bath & Body Works

-Business Resources

Read the August 2022 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
San Jose's Largest In-Person Hiring Fair

San Jose's Largest In-Person Hiring Fair

By Brittney Sherman

Work2future and San Jose Works will host a San Jose Career Expo on Friday, September 23rd from 1:00 pm to 4:00 pm at the San José McEnery Convention Center, South Hall. This will be the South Bay’s largest in-person hiring event to date, with spaces available for 75 employers who are:

·    Currently hiring seasonal, part-time, and/or full-time employees. 

·    Looking for candidates that are entry-level to highly skilled. 

·    Open to applicants of all ages. Employers with the capacity to hire youth 16+ are encouraged to apply. 

There is no cost to participate, however space is limited. If you want to participate, submit your online application prior to the submission deadline on Monday September 5. If you have any questions, you can reach out to the Work2future Business Service Program Manager, Huong Tran, at huong.a.tran@sanjoseca.gov .

 

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
A Year In Review- Matt Mahood, Economic Development Director

A Year In Review- Matt Mahood, Economic Development Director

By Brittney Sherman

It has been a little over a year since Matt Mahood joined the City of Morgan Hill as the Economic Development Director. Silicon Valley Business Journal Editor-in-Chief J. Jennings Moss conducted a one-on-one interview with Mahood to talk about his transition from the public to private sector and his continued role as a “business booster” in Silicon Valley.

“I chatted with Mahood earlier this month about his decision to take the Morgan Hill job and what the city is doing to encourage companies to do business there. The following excerpts were edited for length and clarity…….”

Read the full article in the Silicon Valley Business Journal HERE!

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
Morgan Hill Carves the Path for Advanced Manufacturing

Morgan Hill Carves the Path for Advanced Manufacturing

By Brittney Sherman

On August 4, the Silicon Valley Business Journal published an article outlining Morgan Hill’s dedication to attract additional advanced manufacturing to the City. With the completion of the Butterfield 5 Technology Park featuring (5) buildings totaling 410,000 sq.ft., and the recent purchase and entrance of the prior 258,211 sq.ft. Shoe Palace Headquarters to the market, Morgan Hill is carving a clear path for industrial development.

“The city has about 6.8 million existing square feet of industrial, R&D and warehouse space, according to the latest quarterly report from brokerage firm Colliers. That’s about 2% of the entire industrial stock of Silicon Valley — in a city that’s just under thirteen square miles in size. With strong demand for industrial space in the region, real estate investors are being drawn to Morgan Hill, and the city government is augmenting its healthy retail sector with additional industrial employers………..”

Read the full article in the Silicon Valley Business Journal HERE!

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
Silicon Valley Business Journal Highlights Downtown Development

Silicon Valley Business Journal Highlights Downtown Development

By Brittney Sherman

In the Business Journal's July 25 “List” several of Morgan Hill’s largest non-retail employers were featured, largely a mix of manufacturers, construction firms, and high-tech companies. However, the Business Journal’s article on July 29 was centered solely around the pedestrian-friendly, tourist attracting, vibrant Downtown District.

“Morgan Hill's downtown strip —centered around Monterey Road between East Main Avenue and East Fifth Street — has added several new shops, eateries and a wine tasting room this year. At least one downtown establishment is planning to expand. Read more to learn about some of the newer venues you can visit……”

Read the full article in the Silicon Valley Business Journal HERE!


Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
City Council Approves Revisions to the Hotel Incentive Policy

City Council Approves Revisions to the Hotel Incentive Policy

By Brittney Sherman

At the August 17, 2022 City Council Meeting, Economic Development Director Matt Mahood presented revisions to the Hotel Incentive Policy (HIP) to allow for greater access and participation from all citywide hotels.

The revisions unanimously approved by the City Council, included the following:

-Adjust the Baseline TOT year to FY 2019/2020, lowering the threshold for most hotels to participate.

-Remove the requirement for existing hotels to increase in chainscale in order to participate in the program.

-Increase the maximum rebate for existing hotel renovations from $100k to $250K.

-Include an optional 5-year extension of the rebate timeline, to be approved by City Council, at a reduced rebate rate of 33%

There were no significant changes to the HIP as it relates to new hotel development.  New hotel developments are still eligible for a TOT rebate based on 50% of the cost of off-site improvements. 

The Economic Development team believes the approved revisions to the HIP will open the door for additional reinvestment in the existing Morgan Hill hotels and assist with the recruitment of new hotels. To read the updated Hotel Incentive Policy click HERE! Read the updated Hotel Incentive Policy HERE!


Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

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