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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


 
Microbusiness Grant Portal Reopens

Microbusiness Grant Portal Reopens

By Brittney Sherman

On August 11, the County of Santa Clara and the Enterprise Foundation reopened the portal to accept additional applications for the Microbusiness Grant Program, which grants $2,500 to qualified businesses affected by COVID-19. The application portal will remain open until the funds are exhausted.

To qualify for the $2,500 grant, microbusinesses must have made less than $50,000 in total revenue (not net) in each of the last three years. The business also needs to have less than five employees, been negatively effected by COVID-19, been open in 2019 and in operation in 2022.

Learn more about the Program and start your application HERE!

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


 
Local Restaurant Featured on Destination SF

Local Restaurant Featured on Destination SF

By Brittney Sherman

On Saturday, August 13th @ 3:00 p.m. Morgan Hill’s very own Craft Roots Restaurant will be featured in the 9th episode of Destination San Francisco! Watch the episode on KPIX- Channel 5 on Saturday, August 13th @ 3:00 p.m. PST to cheer on our local Morgan Hill restaurant and the City’s growing Foodie Scene!

More about Craft Roots:

Craft Roots is a locally owned and operated family friendly restaurant. They focus on offering healthy whole foods through a 100% plant-based menu. Ingredients are sourced as locally as possible and follow the seasons with specials and an ever evolving menu. To complement their food offerings, the restaurant has curated an extensive craft beer and cocktail menu highlighting local breweries who share a passion for fresh ingredients and attention to detail. What you eat matters! Whether you are a committed vegan, an occasional vegetable eater, or simply have a curious palate, Craft Roots has something for you!

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


 
Industrial development booms in Morgan Hill

Industrial development booms in Morgan Hill

By Brittney Sherman

Morgan Hill's booming industrial development is generating a lot of attention and excitement. Watch the KPIX/CBS News Report that aired earlier this evening, highlighting the Butterfield 5 Tech Park and featuring our very own City of Economic Development Director Matt Mahood!

Learn more about Morgan Hill's ongoing industrial, housing, and tourism development at the August 11 Silicon Valley Business Journal "Meet Morgan Hill" virtual event. Register to attend for free HERE!

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


 
 Lifestyle Home Decor Store Celebrates Grand Opening in Downtown Morgan Hill

Lifestyle Home Decor Store Celebrates Grand Opening in Downtown Morgan Hill

By Brittney Sherman

Fresh flowers, furniture, and contemporary home decor have arrived in Downtown Morgan Hill. Urbn Ranch, a new women-owned retail shop, is celebrating their grand opening on July 29 at 6:30 p.m. The store took over the Tac-Oh retail space on 3rd Street and Monterey, part of a development by Don Imwalle and Ken Rodriguez, that houses Willard Hicks, Mo’s Breakfast and Burgers, and Opa!

Read the full Press Release HERE!

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


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