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Report regarding a resolution approving the Third Amendment to the Lease Agreement for use of the Economic Advancement Center located at 366 Grand Avenue in South San Francisco. (Ernesto Lucero, Economic Development Manager)
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RECOMMENDATION
Recommendation
Staff recommends City Council adopt a resolution authorizing the City Manager to execute the Third Amendment to the Lease Agreement for 366 Grand Avenue, for the use of the Economic Advancement Center, to extend the Lease until August 31, 2027.
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BACKGROUND
The City entered into a lease agreement with the Stacey S. Dobos Trust, owner of the building at 366 Grand Avenue in South San Francisco, beginning July 12, 2021 for use of the space for the Economic Advancement Center (EAC). The original lease expired October 31, 2024, and was subsequently renewed with a First Amendment to the lease, which extended the term to April 30, 2025. The City renewed the lease with a Second Amendment, which extended the term to August 31, 2025.
The property is approximately 6,900 square feet with 21 dedicated parking spaces, receives high foot traffic along Grand Avenue downtown, and provides walkability and proximity to many modes of transportation. The space also connects to the City-owned Breezeway next door and adjacent Miller Parking Garage. The building, parking lot, and adjacent Breezeway have hosted a variety of downtown activation efforts including a night market, fairs, holiday events, and makers space pop up events.
The EAC has been successful at growing its reputation as a resource hub in South San Francisco since 2021. A variety of nonprofit organizations continue to use the EAC for client support including JobTrain, Renaissance Entrepreneurship Center (Renaissance), Promotores Program, El Concilio of San Mateo County, San Mateo County Health and Human Services, YMCA, and Leadership Council of San Mateo County. Additional providers are planning to open office hours at the EAC in the coming mon...
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