In this eNewsletter, you will find information about key efforts that impact our business community, including:
· Morgan Hill Market Analytics Report
· 389-Unit Apartment Complex Breaks Ground
· Invesco Purchases Butterfield 5 Industrial Park
· NEW Water Conservation Emergency Regulation
· Magical Bridge Playground Opens
· The Secret Door, Cigarland, and Cochi’s Kitchen
· Business Resources
Read the June 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
Micro-Mechanics started in 1983. After establishing manufacturing plants in Singapore, Malaysia, China and the Philippines, as well as sales representation in Taiwan, Europe, Thailand and Japan, the company established a factory in Morgan Hill in 2008. Micro-Mechanics designs and manufactures advanced semiconductor packaging, testing tools and consumables, in addition to manufacturing critical precision tools and components for water manufacturing and other high-tech industry custom process applications. Micro-Mechanics employees 65 people at its Morgan Hill location, offering a wide range of shifts, including weekends and nights, in addition to a competitive employee package including opportunities for healthcare and matching savings accounts. Micro-Mechanics aims to be at the forefront of environmental preservation practices in the Manufacturing Industry. They currently have solar and rooftop carports that cover more than 70% of their electrical needs, with another solar expansion project currently in the pipeline. Since becoming a public company in 2003, Micro-Mechanics has become a world-renowned Singapore-listed company, receiving consistent attributes for their corporate governance, transparency, and investor relations practices. Thank you Micro-Mechanics, for “Choosing Morgan Hill.
Atlanta-based investment company Invesco recently purchased all industrial buildings in the Butterfield 5 Tech Park, totaling 410,000 sq/ft, for approximately $119 Million. Ideal users for the buildings are advanced manufacturing, industrial or warehouse based businesses. At this time, there have been no lease announcements.
Butterfield 5 is an industrial park recently completed by Trammel Crow Company, and located on the West side of Highway 101. The 5 standalone buildings range in size from approximately 70,000 sq/ft to 91,000 sq/ft. Learn more about the Butterfield 5 Technology Park HERE.
Invesco is a global investment firm with more than 8,600 employees, across 26 countries. The firm was founded in 1935 and is based in Atlanta, Georgia. They currently manage $1.5 Trillion in assets. Learn more about Invesco HERE.
Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov
The State Water Board has adopted a new water conservation emergency regulation to ensure more aggressive conservation across the state. Here is what you need to know:
Who: The new regulation applies to commercial, industrial, and institutional properties, including homeowners’ associations (HOAs), throughout the State of California, including all of Morgan Hill.
What: The regulation requires that owners and managers of commercial, industrial, institutional properties, and HOAs immediately cease using potable water for irrigating non-functional turf. The regulation defines non-functional turf as a ground cover surface of mowed grass that is solely ornamental and not otherwise used for human recreation purposes. All Water provided by the City of Morgan Hill and all well water in the Morgan Hill area is potable water.
When: The new regulation was approved on June 10th and is effective immediately. The regulation will remain in effect for one year unless the State Water Board modifies it, readopts it, or ends it before then. A fine of $500 per day has been set by the State for violations of the regulation.
NOTE: The regulation does not apply to the following: residences including those located within HOAs, school fields, sports fields, areas regularly used for civic or community events, and water used to maintain trees.
The full State Water Resource Board Resolution can be found HERE.
Landscape Rebate: Looking for a landscaping program to help you replace your existing turf with a water wise design? The City of Morgan Hill partners with Valley Water to provide the Landscape Rebate Program. This program is designed to encourage residents and businesses to convert approved high water use landscape, such as lawns and pools, to low water use landscape and retrofit existing irrigation equipment with approved high-efficiency irrigation equipment. Sites wishing to participate in the rebate program must complete a pre-inspection and submit an online application for approval before beginning any work on their project. Learn more HERE.
Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov
MBK Rental Living will hold a groundbreaking ceremony for their 389-unit market-rate apartment complex in Morgan Hill on Tuesday, June 7. The community, called Vida Morgan Hill, will consist of two-story and three-story buildings, offering one-bedroom and two-bedroom garden-style apartments. The complex will be constructed on a 19.5-acre site located between Monterey Rd and Butterfield, South of Jarvis Dr and North of Digital Dr.
In this eNewsletter, you will find information about key efforts that impact our business community, including:
- California's Revenue Surplus of $55 Billion
- Meet the Business Law Enforcement Liaison
- Go Green on Butterfield
- Hotel Incentive Policy
- Spanish Language Translation
- Connecting Businesses to Bikes
- Public Works Week
-Benjamin Moore, Mission Bell, and Urbn Ranch
- Business Resources
Read the May 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
