Future Motion opening 60,000 SQFT facility in San Jose

Future Motion makes a one-wheel electric skateboard that is becoming increasingly popular. The self-balancing skateboards retail from $950 to $1,800. I see a bunch of them every time I'm in Downtown San Jose.

While the company is currently headquartered in Santa Cruz, they are opening a new manufacturing outpost in North San Jose at 2250 Zanker Road. Future Motion expects to employ 150 people at the new facility.

For additional information on Future Motion and the industrial market in general, check out the source link below.

Source: SVBJ

New San Jose high-tech 'megafactory'

Veoldyne LiDAR has chosen South San Jose as its location to manufacture cutting-edge sensors for advanced tech such as self-driving cars. LiDAR is similar to radar, but uses light from a laser instead of radio waves to create a three-dimensional image. Next time you see a prototype autonomous vehicle on the freeway, look for the spinning disk on the roof. That is a LiDAR sensor. It is also used for drone aircraft and industrial robots.

Manufacturing will take place in a 200,000 SQFT building at 5521 Hellyer Avenue, formerly home to Nanosolar until 2013. Hundreds of high-paying San Jose jobs will be created and production is expected to begin soon.

Source: SVBJ

Another office campus planned for North San Jose

I have already lost track of how many office projects are proposed in North San Jose, they just keep on coming in. Lincoln Property Co. is teaming up with Gemdale Corp. to make one of those projects a reality. Midpoint@237 consists of four new office buildings off of North First Street just past 237 (going towards Alviso). The buildings would total up to 415,000 SQFT and be between two to three stories with 40,000 SQFT floor plates.

While they are not as tall or dense as I would hope for a 2016 project in San Jose, it will bring more tax dollars and jobs into the area. Next door there are also plans for up to 564,000 SQFT of advanced manufacturing space--perfect for a company like oh, let's say Apple or Tesla.

Construction is expected to begin next quarter with completion expected in the third quarter of 2017.

Source: SVBJ

Apple Buys Another Building in North San Jose

It seems like Apple can't get enough of North San Jose this year. They have made yet another purchase, this time for a 70,000 SQFT former chip fab at 3725 N. First Street. It was previously used as a manufacturing facility for a semiconductor company called Maxim Integrated Products. What Apple will do with the space is anyone's guess. It seems too small to manufacture anything that Apple would put in their products, but could be used as a test lab. Perhaps Apple will tear it down to build a new facility. Either way, it is nice to see Apple continue to invest in our area.

The location is also notable. As you can see in the image below, the building could not be any closer to Samsung's shiny new North American Headquarters in San Jose. Talk about keeping your friends close and your enemies closer.

Source: SVBJ

Pentagon Selects San Jose as Innovation Hub for Hybrid Electronics Manufacturing

The United States Defense Department has selected San Jose's FlexTech Alliance to lead an initiative on advanced manufacturing. FlexTech will receive $75 million in federal funding in order to pull several disparate manufacturing processes together and build the next generation of electronic sensors. The new sensors will weigh less and be highly malleable, allowing them to easily be worn or embedded just about anywhere. 96 companies will be a part of the FlexTech Alliance, along with 11 laboratories and 41 colleges.

San Jose made a strong name for itself in semiconductor manufacturing in the 90s and 2000s. It's great to see an innovation center being created locally to support the next generation of manufacturing high-tech components. The FlexTech is headquartered at 3081 Zanker Road, in the heart of North San Jose's Golden Triangle.

Source: SVBJ

San Jose Targets Manufacturing Growth With New Incentives

While manufacturing may not be as sexy as many of the tech jobs that dominate Silicon Valley right now, the sector is a critical source of middle-class jobs and tax revenue for our city. Last month Sam Liccardo unveiled a collection of incentives to boost manufacturing under a new program called "We Are Built in San Jose."

The incentives include waiving permit fees for renovating existing manufacturing building, guaranteeing permit approvals within 60 days for expanding and relocating manufacturing companies, cutting construction taxes by 75% (from a 4% tax to a 1% tax), and special PG&E rates.

There are tons of available manufacturing buildings throughout San Jose, particularly in North San Jose, that are just collecting dust. While several existing companies are expanding their manufacturing capabilities in San Jose, there are still millions of square feet of space to fill. The advent of 3D printing and advanced robotics will one day make it much more cost effective to build locally in the US than oversees. Now is the time to start preparing for that future and expanding our manufacturing capabilities.

Source: SVBJ