Business

Business

San Jose city, business leaders announce new ‘Innovation Zone’

San Jose city officials and business leaders on Thursday unveiled a new “innovation zone” on the city’s west side, where companies can test new technology and the onetime Century 21 theater building may become a new “Innovation Hub.” The new innovation zone, announced by San Jose Vice Mayor Chappie Jones and Councilmember Dev Davis will...

Carl Guardino leaves Silicon Valley Leadership Group

Carl Guardino, the longtime president and CEO of the Silicon Valley Leadership Group, who championed public policy in San Jose for more than 20 years, publicly announced Tuesday he is stepping down from his role as the business organization’s influential executive. Guardino, 58, has been with the organization since 1997 and for nearly 24 years...

Property sales, new construction added $25B to county assessment roll

The South Bay had a banner year for major property sales and new construction. Changes that had ripple effects — good or bad, depending on whom you ask — throughout Silicon Valley. But a recent Santa Clara County assessor’s office breakdown offers another perspective on those changes: additional assessed property of more than $25.6 billion...

Higher state cannabis taxes in 2020 raise concerns in South Bay

Cannabis consumers in the South Bay — who already pay between 30% and 40% in taxes when their budtender rings them up — are about to feel a fresh pinch to their wallets when a statewide tax on farmers and retailers takes effect in 2020. Industry lobbyists, including Sean Kali-rai of the Silicon Valley Cannabis...

Five key San Jose developments to watch in 2020

San Jose has seen a nearly unprecedented development proposal boom in recent years, and 2020 is set to be a critical year as some of those visions get off the ground or attract critical companies to the city. Here are five major projects to watch in the upcoming year. Will Museum Place finally begin to...

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