The City of San Mateo
The City of San Mateo, with approximately 100,000 residents, is strategically positioned between San Francisco and San Jose, making it a part of the Silicon Valley. Its strengths lie in its diverse community, both in terms of ethnicity and physical development. The city boasts a thriving business and retail environment, housing national and international companies, along with two major shopping centers and an active downtown area. Additionally, it places great value on its historic and modern residential neighborhoods and has recently approved a significant new Transit Oriented Development project. This project includes 1,500 new homes, 300,000 square feet of retail space, and up to 1.5 million square feet of commercial office space.
The City is known for its culture of innovation, collaboration, and exceptional customer service, aligned with the City Manager’s goal of creating a High Performing Organization. With an annual budget of $130 million and a staff of over 540 full-time employees, the City is continually exploring new and innovative means of delivering high-quality services to its residents while acknowledging the various demands on its limited funds.
For potential investors, the City of San Mateo presents an appealing opportunity due to its strategic location, diverse and vibrant business environment, and ongoing commitment to innovation and growth.
There is no investment information
No recent news or press coverage available for City of San Mateo.