A conspicuous benchmark in the epicenter of the Silicon Valley.
George Avalos reports that over the past 12 months ending in September, tech giants like Google and Adobe have fueled a real estate buying spree in San Jose totaling $1.43 billion in sales.
"The buying activity in downtown San Jose over the recent 12 months, measured by the amount spent by the purchasers, is nearly three times as much as the $484 million buyers spent on downtown properties over the prior one-year period that ended in September 2017," reports Avalos.
Avalos is reporting analysis of Santa Clara public records by the Mercury News team.
FULL STORY: San Jose’s downtown shopping spree rockets past $1.4 billion in one year
Google Seeks New Direction for Massive Housing Proposal
The company parted ways with its development partner, signaling a shift in strategy for a proposed 15,000-unit housing and office space project on Google-owned land in Silicon Valley.
Bay Area Workers are Moving Back
Many of the tech employees who left Silicon Valley during the pandemic are making their way back to the Bay Area–and so are higher rents.
Digital Roundtable Discusses Silicon Valley's Urbanist Future
Highlighting the ways in which the pandemic’s disruption is unleashing innovation, panelists share their hope for streamlining public-private collaborations to solve some of the region’s housing, transportation, and equity challenges.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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