Business

Business

New report: Google campus will lead to $235M more in rent spikes

With Silicon Valley residents already sacrificing health to pay their rent, a new report says living in the region is about to get much more expensive for local renters. Google’s proposed mega-campus will hike local rents up, causing tenants to pay five times more in rent than the city expects to collect in tax revenues...

Jay Paul Co. continues downtown San Jose buying spree

San Francisco developer Jay Paul Co.’s buying spree in downtown San Jose hasn’t yet slowed. On Friday, the company spent $100 million on two slices of land at 200 Park Ave. and 282 S. Almaden Blvd. That marks its third major property purchase in the city’s downtown in less than a year. Jay Paul Co....

San Jose Job Corps transforms lives of at-risk youth

Jezrrel Linares dreamt of becoming a veterinarian, but the animal lover was bored by his classes at Silver Creek High School and knew he didn’t have the grades to support such an endeavor. With no motivation to continue, he started ditching school. His two older brothers went through the training program at San Jose Job Corps and...

Prime downtown San Jose tower sale to shatter records

One of downtown San Jose’s most prominent office towers, known as 50 West, or the KQED building, is set to sell to developer Jay Paul Co. in a deal that industry insiders say will break records and set a new high-water mark for commercial space in the city’s urban core. “It certainly as recognizable a...

San Jose: Major Alum Rock development spurred by unusual zoning law

For years, San Jose has taken a hard stance against using commercial land for housing — despite the region’s excruciating housing shortage — to bolster economic activity in a city desperately seeking to shed its image as a “bedroom community.” But in a East San Jose neighborhood whose streets are lined with minority-owned businesses, those...

Plan to turn old San Jose hospital into urban village criticized

A plan to revitalize a sleepy roadway is getting pushback from residents. Santa Clara County’s newest project aimed at creating a livelier neighborhood is underway, after lawmakers on Tuesday approved a mixed-use urban village at the former San Jose Medical Center site, but the plan is being sharply criticized for lacking retail or sustainability concepts....

San Jose: Tech Museum of Innovation unveils new name and vision

The former San Jose Tech Museum of Innovation has been reborn. It’s new name and vision: The Tech Interactive. “The world was calling us,” Tim Ritchie, President and CEO of The Tech Interactive, told San José Spotlight. After 20 years in operation, the beloved downtown technology museum is being rebranded and reopened to offer expanded...

Say goodbye to San Jose Joe’s and The Brit at San Jose’s airport

San Jose Joe’s and The Brit are officially taking off from the Mineta San Jose International Airport – and they won’t be coming back. On Tuesday, the San Jose City Council voted unanimously to award contracts – or “packages” – to three concessions groups that would bring 14 new restaurants to the airport. The city received...