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Even in the midst of inflation, supply chain, and post-pandemic recovery challenges, several retail brands aggressively expanded in 2023. A recent article in Footwear News identified these sporting goods, discount, and retail chains as the front runners for expansion in 2024:
Academy Sport + Outdoors
BootBarn
Dick’s Sporting Goods
Dollar General
Five Below
Macy’s
Nordstrom Rack
REI
Rothy’s
Uniqlo
Read the full article HERE.
As we close out another busy year, the Economic Development team would like to wish all of our businesses a happy and prosperous holiday season. We are grateful for the community’s support of the Downtown Street Activations, the Buy Local Holiday Shopping Passport, and engagement during our business roundtable meetings. This final newsletter of the 2023 year captures just a few of our most recent accomplishments. We look forward to the New Year and our work ahead to support the City’s long-term fiscal sustainability and increase the number of local job opportunities for all Morgan Hill residents.
Read the full eNewsletter HERE.
Joe Raineri’s vision for a year-round farmer’s market, working farm, tasting room, restaurant and agricultural education and sustainability facility recently received unanimous approval from the Morgan Hill City Council. Construction on the project, located at the South end of Morgan Hill near Hwy 101, is expected to begin in 2025.
Read the full article in the Mercury News HERE.
Choosing the right location for an advanced manufacturing business is a crucial decision that can significantly impact a company’s success and sustainability. Morgan Hill, California, emerges as a compelling choice for entrepreneurs and business owners looking to establish, relocate or expand their manufacturing operations. Here are five reasons why Morgan Hill stands out as an ideal destination for your advanced manufacturing business - focusing on its strategic location, skilled workforce, business-friendly environment, quality of life and infrastructure/connectivity.
Read the full article HERE.
Hotel MOHI is a full-service luxury hotel in the heart of Downtown Morgan Hill on First Street and Monterey Road. Construction of the hotel was forced to stop during the COVID Pandemic due to tightening of lending markets. In 2022, to make the project more financially viable, the hotel was redesigned to accommodate a partial fifth floor and 13 additional rooms, for a total of 73 rooms. The MOHI hotel will include a spa, meeting facilities, and a market-hall restaurant. Hotel construction will resume shortly and is scheduled to be completed by December 2025.
Read the full Press Release HERE.
Local manufacturing company Toray Advanced Composites recently announced the expansion of their Morgan Hill campus, adding approximately 74,000 sq.ft. and 100 new employees.
Read the full Press Release HERE.
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