This just in from San Francisco Business Times:
San Francisco has expanded its enterprise zone, allowing potentially thousands more businesses to apply for millions of dollars in state tax breaks.
The boundaries of the newly drawn zone, which gives tax breaks to businesses to boost employment, include all of the Van Ness Avenue corridor, the Financial District, North Beach, the Embarcadero, the Transbay Terminal area, Hunters Point/Bay View and Visitacion Valley. There are an estimated 30,500 businesses in the zone, more than double the number from when the perimeter was first drawn in 1992.
With local hotel business booming, operators have ramped up their hiring and are now beginning to worry about meeting their labor needs in the future.
Their fears will be on full display at an industry labor event at the Palace Hotel next week, where hoteliers from San Francisco and around the country are expected to discuss how to attract qualified workers as baby boomers begin to retire, leaving hotels with an expected shortfall of talent.
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