Oakland Magazine: Russo to the Rescue, Alameda's CEO Enters the Fray, May/June 2012
On Alameda’s economic future, Russo sees one sure way to bolster Alameda’s largely residential tax base is the development of Alameda Point. “The reason the Naval Air Station is so important — and why I believe passionately that we need to move this thing after 15 years of just frittering around the edges — it was the economic driving force for the Island,” he says.
Russo says what’s needed isn’t just retail businesses, but research and development such as marketing, Internet-type development and game development. “And once we have a critical mass of those type of activities, then you follow it with the housing to preserve the jobs.”