Petuluma, a small city 40 miles north of San Francisco, is planning on allowing new development in the face of increasing pressure for housing and revenue.
The city of Petaluma is facing increasing pressure for housing and revenue, but the city is determined to meet these demands while still retaining its historic character. The city of 55,000 has been surrounded by a growth boundary since 1998 but now finds itself with a vacancy rate of less than 1 percent for apartment units in 30+ unit complexes. The city predicts virtually no growth in sales tax revenue over the next five years. Although the city has agreed to implement mixed-use development in the downtown area, reluctant officials have yet to agree on other proposals to raise revenue.
Thanks to California 2000 Project
FULL STORY: READY TO GROW, BUT S-L-O-W-L-Y
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