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 […]
Commission denies appeal of previously approved Willow Glen Builder’s Remedy project
Commission denies appeal of previously approved Willow Glen Builder’s Remedy project The Big Picture A 126-unit mixed-use housing development at 940 Willow Street in San José’s Willow Glen district will move forward after the San José Planning Commission denied an appeal seeking changes to the project. The seven-story development proposed by Redco Development will replace […]
Cost-Pressures Threaten Housing Viability Across California
Bay Area Housing Rides Wave Of AI Boom – NMP A regional economic review shows California construction and ownership costs continue rising faster than national averages, driven by labor shortages, material volatility and regulatory layers. Developers warn that many proposed projects won’t pencil without cost stabilization, subsidy support or new financing models. Why it matters: […]
California Housing Costs Continue to Outpace Incomes
California Housing Affordability Tracker (3rd Quarter 2025) [EconTax Blog] A new Legislative Analyst’s Office affordability tracker shows that home-buying costs statewide have surged 74–78% since 2020, far outpacing wage growth. Construction costs and ownership costs remain structural obstacles to producing and maintaining affordable housing. The analysis highlights a growing gap that policy alone cannot fix […]