Business View Magazine | July 2019

317 BUSINESS VIEW MAGAZINE JULY 2019 housing from the Bay Area, and as residents are moving to affordable places, Lathrop is in the midst of becoming Northern California’s fastest growing and most comprehensive Master Planned Community. Lathrop’s population was 18,023 at the 2010 census, with current figures closer to 25,000, and a projected “build out” population of 70,000. The City of Lathrop has a daytime population of 289,775 with an average household income of $74,229. Lathrop is strategically centered between the Stockton, Modesto, and Tracy submarkets – all within a 20-mile radius – with a combined current population of nearly 750,000, and an expectation that this number will approach one million within ten years. Susan Dell’Osso is President of River Islands, a 5,000-acre Master Planned development wholly within the City of Lathrop. “We are planned for 11,000 housing units,” she explains. “Only about 1,200 are occupied, so far. We’re building about 500 units a year, and they’re all different kinds - everything from apartments to executive houses on the water with docks. It’s ultimately about 40,000 people, so you can imagine it’s just a wide range of housing types. But, more importantly, we have a large business park of 400 acres that’s pictured below President of River Islands, Susan Dell’Osso LATHROP , CAL I FORNI A