Business

Business

San Jose mayor’s plan for ratepayer takeover of PG&E won’t be easy

California’s largest utility remains under intense pressure from lawmakers across the state, as the threat of a statewide takeover and transition to a customer-owned utility looms over its head if it doesn’t get its finances back on track. As PG&E struggles to detangle itself from a web of scandals and financial woes, leaders at the...

San Jose International Airport’s busiest travel season hits

Headed to Disneyland this Veteran’s Day weekend? Prepare to arrive 90 minutes early as the Silicon Valley airport’s busiest travel season kicks off. In recent years, the Norman Y. Mineta San Jose International Airport has seen a record-breaking spike in passenger traffic, a reflection of the city’s economic development boom. “We’re continuing to see rapid...

Apple’s San Jose land promise is more complicated than it seems

When Apple announced its unprecedented $2.5 billion housing investment promise Monday, it came with — no surprise — fanfare and many of the same components other massive tech titans have promised: grants, loans and land. But Apple’s promise of making $300 million worth of land it owns in San Jose “available” for housing is not exactly like the...

Google announces $5.3M investment in San Jose affordable housing project

Google is investing $5.3 million to help along a 115-unit residential project that will cater to people with developmental disabilities in San Jose’s Japantown, the tech giant announced Tuesday. The loan to San Francisco-based developer, The Kelsey, will push forward the six-story, primarily affordable housing development planned to rise at 447 North First Street. The...

Report: Downtown San Jose businesses move northward as tech keeps Bay Area market hot

Companies in downtown San Jose are getting pushed out as redevelopment hits the city’s center and major companies expand, causing many businesses to head north toward the city’s airport, according to a newly released report. The report, released Friday by Joint Venture Silicon Valley Institute for Regional Studies and brokerage firm JLL, shows that commercial...

Google starts work on new downtown San Jose community center in historic building

When Google officials unveiled the company’s framework for a massive downtown San Jose campus, they promised residents community gathering spaces and “opportunity pathways.” Now they’re starting to deliver on that. Alphabet-owned Google has started work inside the two-story San Jose Water Company building at 374 W. Santa Clara St. to create a new community center...

Google submits formal campus plan to San Jose

Google submitted its formal application and master plan for its sprawling downtown San Jose campus Thursday, setting in motion its countdown to a late 2020 City Council vote on the 60-acre project. The submission is a “significant step toward bringing the project to reality,” according to Timothy Rood, a division manager in San Jose’s Planning...

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