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 […]
How AI Data Centers Could Be Driving Up California Electric Rates Before They’re Even Built
https://vimeo.com/share/6b64233d-9b4f-4b14-a94a-ca7e72b1d50e How AI Data Centers Could Be Driving Up California Electric Rates Before They’re Even Built Buried in next week’s San José City Council agenda are two items that, at first glance, appear unrelated. The first would authorize San José Clean Energy (SJCE) to enter into a 15-year agreement worth up to $124.5 million for […]
San José’s Affordable Housing Audit Reveals the Real Test for GovAI
How Artificial Intelligence Could Strengthen Affordable Housing Oversight and Protect Taxpayer Investments San José has spent years positioning itself as one of the nation’s leaders in government artificial intelligence. City leaders have promoted GovAI as a tool that can modernize government, improve public services, and help employees work more efficiently. The initiative has generated national […]
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 […]
Cooley Signs Lease for New State‑of‑the‑Art Redwood City Office
Cooley Signs Lease for New State‑of‑the‑Art Redwood City Office // Cooley // Global Law Firm The Big PictureCooley LLP has signed a long-term lease to relocate its Palo Alto office to a newly built, high-end office tower at 1900 Broadway in downtown Redwood City, with a planned move-in around 2030. The firm will occupy roughly […]
Despite high-profile deals, high office vacancy rates haunt Bay Area’s three major downtowns
Sky-high office vacancy levels haunt Bay Area’s three major downtowns The Big PictureDowntown office markets across the Bay Area — including San Jose, San Francisco, and Oakland — remain stuck with vacancy rates above 30%, despite a wave of high-profile leasing activity driven largely by AI firms. A new report from Cushman & Wakefield shows […]
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, […]
Congrats, Your City Gets to Host the Super Bowl. The Party’s 40 Miles Away.
The game is in San Jose’s backyard but locals say San Francisco is having all the fun; ‘another Charlie Brown–with-the-football moment.’ The city’s more glamorous cousin, San Francisco, ended up with the lion’s share of official Super Bowl week activities. This despite San Francisco being 40 miles north of Levi’s Stadium, where the game will […]
OpenAI signs South Bay office deal as tech company expands
OpenAI signs South Bay office deal in huge expansion for tech company The Big PictureOpenAI has signed a 10-year lease for approximately 439,000 square feet of office space at 350 and 380 Ellis Street in Mountain View, marking a significant expansion of the company’s physical presence in Silicon Valley. The deal covers two three-story buildings […]