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The Synergy Report

Downtown San José Can’t Afford to Tolerate Blight

The Big Picture A vacant lot at 605 S. Second Street in San José’s SoFA District has become the latest example of a growing problem facing downtown: blight. The site was once approved for a 29-story affordable housing tower, but today it sits overgrown with weeds, surrounded by a damaged fence, and subject to city […]

PG&E Doubles Santa Teresa Substation Capacity, Plans More Expansion to Power AI Growth

The Big Picture PG&E has doubled the capacity of its Santa Teresa Substation in South San José from 40 megawatts to 80 megawatts, adding new infrastructure to support growing electricity demand driven by data centers and artificial intelligence. The expansion was undertaken to meet an additional 40-megawatt power request from data center operator Equinix, and […]

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, […]

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. […]

Google widens San Jose holdings with purchase of office building

Google widens San Jose holdings with purchase of big office building The Big Picture Google continues to expand its footprint in North San José with the purchase of an 83,900-square-foot office building at 4500 North First Street in the Alviso district for $25.2 million. The deal brings the company’s total investment in the area to […]