Developer Sets Up Job Bank for Santa Monica Unemployed

More than 200 Santa Monica residents have taken advantage of a free job bank that was started in July by the J. H. Snyder Co., Los Angeles real estate developer.

The job bank helps Santa Monica residents and employers find each other.

The idea for the service came from meetings Snyder held with community groups to gain their support for his $300-million, 1.26-million-square-foot Water Garden office complex. The complex was later approved by the Santa Monica City Council.

The 17-acre project is bounded by Colorado Avenue, 26th Street and Olympic and Cloverfield boulevards.

Snyder estimates that about 130 persons will be hired to operate the office complex when it is completed in 1990, and the firm will attempt to fill these through the job bank. Tenants also will be urged to use the service.

Milt Swimmer, Snyder Co. partner, who is directing the program, said that firms using the job bank include Lear Astronics Corp., PaperMate Manufacturing,, Penncorp Financial, Rand Corp., Sears Roebuck & Co. and St. John’s Hospital and Health Center. Santa Monica City College has offered to provide job training.