Economic development

Rosewood, Sand Hill Road, Menlo Park

Economic development in Menlo Park is a robust set of programs and policies designed to help businesses thrive in the city.  Our team acts as a business concierge by helping to coordinate the efforts of other departments to assist potential businesses identify the simplest possible approval process. 

Our work is focused on: 

  • Helping businesses locate to the city through assistance in the entitlement and permitting processes.

  • Helping existing businesses grow and explore programs within the city and with external organizations to help in their business. 

  • Providing support for businesses in our business districts, including Downtown, Belle Haven, and Sand Hill. 

  • Working regionally to support and advance local and national policies that advance business growth. 

To do this work we partner with a number of agencies, including California’s GoBiz, the region’s Silicon Valley Economic Development Association (SVEDA) and the Chamber of San Mateo County, NOVAworks Workforce Investment Board, and a number of technical assistance and capital readiness organizations.  

At the heart of Silicon Valley, Menlo Park is a premier hub for innovation and investment, anchored by Sand Hill Road—one of the world’s leading centers of venture capital—and home to globally recognized companies such as Meta and Robinhood. The city combines a strong base of established enterprises with a vibrant small business ecosystem, supported by a full spectrum of hospitality options from luxury to cost-efficient accommodations. Its diverse, high-quality dining scene further enhances its appeal as a destination for business and talent. 

Through our work, we deliver data-driven insights, strategic connections, and targeted resources that support growth, strengthen competitiveness, and advance long-term sustainability for the Menlo Park business community. 

 

Downtown

The City is deeply invested in seeing a vibrant downtown. Learn about new projects along with ongoing maintenance in the City's commercial center.

Public Plaza on the 600 block of Santa Cruz Avenue

Learn about the design for a public plaza in the closed portion of Santa Cruz Avenue between Curtis Street and Doyle Street, and share your feedback on design elements.

Local minimum wage ordinance

On Jan. 1 each year, the local minimum wage in Menlo Park will adjust for annual inflation protection, capped at 3%, using the Consumer Price Index for the San Francisco area.

Streetaries outdoor dining program

On August 29, 2023, the City Council adopted the Streetaries Outdoor Dining Areas ordinance and associated design standards and fees.

 

Related information

 

Related news

  

Economic development program history

Significant work has been done to position Menlo Park as a strong regional leader in both retail and office sectors. Studies have shown Menlo Park to have one of the most educated populations in the Bay Area, high average incomes among residents, and a substantial share of the workforce employed in the innovation sector. Major corporations have made their home in Menlo Park, including Meta, Robinhood Markets, Pacific Biosciences, along with the largest concentration of VC tech funders in the country.

The following documents helped form the foundation of Menlo Park’s economic development efforts and will guide ongoing, data-driven work to strengthen the city’s role in the regional economy.

Economic development plan

Economic development goals


Contact us

Collette Hanna
Economic Development Manager
Email

650-330-6648

 

 

 

 

 

 

 

 

 

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