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The Synergy Report

Is struggling hotel a bellwether for downtown San Jose?

Is struggling hotel a bellwether for downtown San Jose? – San José Spotlight The Big PictureSan Jose’s largest hotel — the Signia by Hilton downtown — may soon be put up for sale, creating a critical inflection point for the city’s recovery. The property, owned by BrightSpire Capital, has faced ongoing challenges since the pandemic, […]

State Housing Law Could Transform Campbell Overnight

State housing law could reshape Campbell’s small city vibe with up to 40,000 new homes – Local News Matters The Big Picture A sweeping state law, Senate Bill 79, could dramatically reshape Campbell by allowing dense housing near transit without local zoning limits. With three VTA light rail stations in a city of just 6.5 […]

Palo Alto group buys Coyote Valley farmland in San Jose for $5.3 million

Palo Alto group buys Coyote Valley farmland in San Jose for $5.3 million The Big PictureA new land deal continues to solidify the long-term direction of Coyote Valley as protected open space rather than future development land. The Peninsula Open Space Trust acquired a 71-acre farm for $5.3 million that had been in the same […]

Forget the Headlines — Google Is Still Betting Big on San Jose

Google proposes huge new tech buildings as company expands in San Jose The Big Picture Google is moving forward with plans for a major new research and development hub in North San Jose, replacing an existing warehouse with up to 482,800 square feet of lab space and building out 250 megawatts of dedicated power infrastructure. […]

PG&E Reverses Course, Protects Coyote Valley in Power Project Shift

PG&E reverses decision environmentalists say threatened wildlife in San Jose’s Coyote Valley The Big Picture Pacific Gas and Electric Company agreed to relocate a major South Bay transmission project to land adjacent to the existing Metcalf Substation, abandoning earlier plans to build on agricultural land in Coyote Valley. The shift follows more than a year […]

Open Space Preserved as San Jose Advances Power Reliability Plan

Santa Clara Valley open space to remain intact as San Jose power reliability plan gets approved – ABC7 San Francisco The Big Picture The California Public Utilities Commission approved a revised energy infrastructure plan that preserves Coyote Valley open space while allowing critical grid upgrades to move forward. Instead of building in sensitive habitat areas, […]

New South Bay power substation to be built at existing site

New South Bay power substation to be built at existing site – San José Spotlight The Big Picture The California Public Utilities Commission unanimously approved relocating a major energy project to the existing Metcalf Substation instead of building a new facility in Coyote Valley. The decision allows LS Power to move forward with its high-voltage […]

OpenAI Leases 5-Building Mountain View Office Campus

OpenAI Leases 5-Building Mountain View Office Campus The Big Picture OpenAI has leased a five-building, 450,000-square-foot campus at 350–380 Ellis Street in Mountain View, marking a major expansion beyond its already massive San Francisco footprint. The campus, owned by KKR Real Estate Finance Trust and managed by TMG Partners, was recently repositioned with high-end amenities […]