Business Retention and Attraction
Burlingame is located within a competitive and dynamic environment for businesses, entrepreneurs, and worker talent. The City’s ability to attract and retain businesses is influenced by Burlingame’s land use and economic development policies, infrastructure and place-making investments, and ongoing operations.
Burlingame’s economic development policies must be responsive to larger economic trends in the Bay Area region and the changing nature nationally of how people work and shop. Increasing demand for high-quality office and research and development space on the Peninsula—driven by the computer technology and biotechnology industries, as well as emerging businesses resulting from a strong presence of venture capital—has generated interest in large-scale development in the Bayfront area and smaller increments of space in the Downtown area. The North Bayfront and Rollins Road areas are anticipated to attract private redevelopment interest and pressures for turnover of long-established industrial operations in favor of higher intensity uses. At the same time, Burlingame’s retail districts and automobile dealerships must adapt to rapidly changing retail patterns and competition.
The following goal and policies support Burlingame’s desire to retain and attract businesses and remain economically resilient in the longer term through careful planning and investments.
Goal: ED-2
Cultivate a business environment that supports long-established enterprises, attracts new and emerging businesses, and provides support for synergistic business relationships and partnerships.