May 2, 2023    By: Tim Vi Tran,
May 1, 2023 Local Works By Donovan Lazaro Donovan Lazaro is the economic development director for the city of Fremont; he can be reached at dlazaro@fremont.gov. This year, 84% of new electric generation capacity in the U.S. will come from clean energy, with two-thirds likely coming from solar and wind power. More notable, however, is the leap in grid-scale […]
March 29, 2023    By: Tim Vi Tran,
Today’s big news was that the Federal Reserve only raised the Federal Funds Rate by a quarter point and has seemingly backed off on its plans for future interest rate hikes. Is this good news or bad? Oddly, the news first caused equity markets to rise, then fall. Why such a mixed reaction? Because the […]
March 10, 2023    By: Tim Vi Tran,
By Kate Snyder Santa Clara’s industrial market recently saw a large sales transaction involving one of the city’s more prominent sites. The former Owens Corning plant and surrounding acreage was sold to an affiliate of Amazon for $237.8 million in an all-cash deal, according to a report by The Mercury News. The buyer was Amazon.com Services, […]
February 1, 2023    By: Tim Vi Tran,
February 1, 2023 By Vladimir Bosanac San Francisco-based Gerson Bakar & Associates continued this week with a disposition of another one of its prized assets. The company has sold off its last Bay Area property, the Westlake Village Apartments, a 47-acre, nearly 3,000-unit apartment community in Daly City, to an entity affiliated with San Francisco-based Carmel […]
December 26, 2022    By: Tim Vi Tran,
By Olivia Peterkin – Digital Editor, Silicon Valley Business Journal Dec 22, 2022 Updated Dec 22, 2022, 3:24pm PST House values in the San Jose metro area fell faster than in any other major urban region in the country last month, according to a new report. The typical home in the region encompassing Santa Clara and San Benito counties saw […]
December 10, 2022    By: Tim Vi Tran,
By Cromwell Schubarth – TechFlash Editor, Silicon Valley Business Journal Dec 9, 2022 Updated Dec 9, 2022, 9:01am PST https://www.bizjournals.com/sanjose/news/2022/12/09/these-59-startups-emerged-in-the-great-recession.html?utm_source=st via @svbizjournal If you ask venture capitalists why they invest in startups in economically challenging times like these, you’ll hear a common refrain: Some of the most successful companies in the tech industry were formed or came of age in […]
December 4, 2022    By: Tim Vi Tran,
By Troy Wolverton – Managing Editor, Silicon Valley Business Journal Nov 30, 2022 Here are the projects the Council green lit: The Orchard Developers: Westbank, Urban Community Location: 409 and 425 S. 2nd St. at the corner of East San Salvador Street in the city’s SoFA district. Description: A 30-story, mixed use tower with 540 residences; 7,430 square feet of ground […]
November 1, 2022    By: Tim Vi Tran,
August 23, 2022    By: Tim Vi Tran,
By Sarah Klearman – Staff Reporter, San Francisco Business Times Aug 22, 2022 Updated Aug 22, 2022, 4:56pm PDT The longtime owners of nearly 10 acres adjacent to the Warm Springs/South Fremont BART station have big plans for the land. They have proposed building nearly 500 multifamily units and townhomes on Lopes Road and Warm Springs Boulevard, about a block […]