This information shows how apartment communities
boost local economic activity from construction and ongoing operation to apartment resident spending.
According to data compiled by business management software firm Sage, if just 10 percent of annual spending in San Francisco was redirected from chains to local businesses, it would generate $ 192 million in
local economic activity and create almost 1,300 new jobs.
Local economic activity is mostly confined to the new town center, the Belmar District, where a diverse range of shops, restaurants and other retail outlets have taken hold.