The Metropolitan Redevelopment Agency promotes redevelopment and economic revitalization in distressed neighborhoods. This is accomplished through strategic planning, creating metropolitan redevelopment areas, working with community groups and leaders to establish their priorities, purchasing property for projects that can act as an anchor for other new development in the area, issuing requests for proposals (RFPs) to develop the City owned property and then setting up public/private partnerships where the private sector is the developer.
Download 2020 Annual Report.
Highlights:
Includes a twenty-year retrospective on the projects and impact of the MRA program. Over the past twenty years the MRA has:
- Partnered on $521 million of reinvestment;
- Built 1,920 housing units;
- Created 4,240 jobs created; and
- Leveraged private investment 10:1
Concludes with MRA’s 2021 priorities which include:
- Coordinating a suite of strategies to redevelop the rail trail corridor
- Continued investment to bring the Rail Yards property to market; and
- Completion of phase 2 for both the De Anza and Unser & Central projects.
