Check out the latest progress on the Earthquakes stadium! The cement is starting to be poured and the steel is going up on the locker room and clubhouse building. Hat tip to Joseph Meduri for sending this in.
Thursday, November 21, 2013
SJMADE Coming to Valley Fair
Finally we are getting some local flavor into Valley Fair! It sounds like SJMADE is about to open a popup shop in the mall that will feature local vendors and undoubtedly some San Jose-themed apparel. If you are a potential vendor, more info is below. For everyone else, the popup will be located across from White House Black Market and Zara (see map).
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Wednesday, November 20, 2013
Wednesday Wishlist: San Jose PRT
I have not done a Wednesday Wishlist in a while, but couldn't resist when I saw this article on Gizmodo. A small town in the UK is completely replacing it's bus system with 100 autonomous pods that go from the train station throughout the downtown area.
Forget Lightrail, forget BART, forget BRT, forget more congested freeways... this is the real future. The pods below are very much a first-generation product, but the vision is solid. I would love to see San Jose push to implement a more cutting edge version of this type of system that could perhaps connect SJC with existing mass transit systems and Downtown San Jose, and then eventually branch out to residential districts and corporate campuses across Silicon Valley. There is a company in Mountain View that is developing a magnetic PRT (Personal Rapid Transit) system that can go well above 80mph and can be supported by narrow monorail-like structures elevated above streets and walkways similar to the photo below.
What do you guys think? Does it make more sense to make a stronger push for a new innovative transit system or continue to extend the current systems we have today?
Source: Gizmodo
Forget Lightrail, forget BART, forget BRT, forget more congested freeways... this is the real future. The pods below are very much a first-generation product, but the vision is solid. I would love to see San Jose push to implement a more cutting edge version of this type of system that could perhaps connect SJC with existing mass transit systems and Downtown San Jose, and then eventually branch out to residential districts and corporate campuses across Silicon Valley. There is a company in Mountain View that is developing a magnetic PRT (Personal Rapid Transit) system that can go well above 80mph and can be supported by narrow monorail-like structures elevated above streets and walkways similar to the photo below.
What do you guys think? Does it make more sense to make a stronger push for a new innovative transit system or continue to extend the current systems we have today?
Source: Gizmodo
A UK Town Is Replacing Its Buses With Driverless Pods
SEXPAND
It's happening, folks. The self-driving car phenomenon is finally jumping from the test track onto public roads. And the revolution isn't just happening in the United States—it's happening in the UK, too.
The small town of Milton-Keynes, just north of London, will soon deploy 100 driverless pods to replace its noisy, pollution-blasting bus system. These so-called Ultra Pods can carry four people plus cargo at a neck-breaking speed of 12 miles-per-hour on a set track. The battery-powered vehicles are already safely in use on a closed track at London's Heathrow airport, where there hasn't been a single safety incident in over two years of use.
The UK is ahead of the curve on this one, but not by much. Nissan says it'll start selling a self-driving car by 2020, and companies like Volvo and Mercedes aren't far behind. But will they look like a family-friendly amusement park ride crossed with a Stormtrooper? Highly doubtful. [PhysOrg]
Image via Ultra Global PRT
Tuesday, November 19, 2013
November 2013 Downtown Dimension Highlights
Here are my notes from the latest edition of Downtown Dimension:
- Downtown Ice returned on Nov. 15th and half a million people are expected to visit Downtown during the Holidays.
- Apigee (a hot tech startup) has moved to a 41,000 SQFT space Downtown at 10 Almaden, leaving behind a 16,000 SQFT office in Palo Alto.
- Malwarebytes and Move.com also recently moved into 10 Almaden.
- Bridge Bank is adding 18,500 SQFT at its corporate headquarters at 55 Almaden.
- Smashburger is now serving up classic burgers at the San Jose Marketcenter [Josh: BJ's is now open as well]
- Thrive Therapy and Social Center is open at 25 Post and offers a full array of autism therapies for kids and young adults.
- Groundwerx spent October pruning overgrown limbs from trees Downtown [Josh: picking up some slack from city services that were cut due to budget cuts].
- On Dec. 15 thee TiVo Santa Run takes place, which is exactly what it sounds like... a run featuring people wearing Santa Costumes. Proceeds benefit Downtown Ice and Christmas in the Park.
- The SJDA maintained a balanced budget during its last fiscal year ($2.9 million budget)
- Aedis--an architectural firm--has moved into 9,000 SQFT of modern office space in SoFA and envisions a mini-San Pedro Square Market for their ground floor. The working title of the project is going to be the SoFA Market and it's scheduled to launch Spring 2014 [Josh: wohoo!!!]
Monday, November 18, 2013
Apigee is Moving to Downtown San Jose!
Apigee is technology start-up that has become a major player in enterprise API (Application Programming Interface) management. APIs let companies open up their software so that other applications can communicate with them. Whenever you see a function on a website that lets you post to Facebook, Google+, Linkedin, or Twitter... that is all done using APIs.
Now to cut to the chase, Apigee is a hot Palo Alto company with IPO potential and they have decided to move to Downtown San Jose. They are upgrading from 16,000 SQFT at 260 Sheridan to 41,000 SQFT of office space that could house over 250 employees at 10 Almaden. This is the largest office lease for Downtown so far in 2013.
What is surprising is that 20% of Apigee workers live in San Francisco and take Caltrain to work. They found that most San Franciscans actually preferred the Downtown San Jose location since they can take a baby bullet train which does not service the California Avenue Caltrain stop. Hopefully, if Downtown continues on the current trajectory, we might be able to convert some of these San Franciscans to San Joseans.
Some other perks of moving to Downtown San Jose from Palo Alto is that the cost of the office space is far less expensive and there is plenty of room to grow. You also have access easy access to the SAP Center, the remodeled Convention Center, an international airport, Lightrail, and BART in the future. If we can get two or three more of these hot companies Downtown, I think it would have a strong positive impact on the brand of Downtown and put the area on the radar for a lot more hot growing companies in Silicon Valley. Already, the restaurant and residential markets are exploding and retail is improving at a steady pace, so it is just a matter of time before the office market catches up.
Source: SVBJ
Now to cut to the chase, Apigee is a hot Palo Alto company with IPO potential and they have decided to move to Downtown San Jose. They are upgrading from 16,000 SQFT at 260 Sheridan to 41,000 SQFT of office space that could house over 250 employees at 10 Almaden. This is the largest office lease for Downtown so far in 2013.
What is surprising is that 20% of Apigee workers live in San Francisco and take Caltrain to work. They found that most San Franciscans actually preferred the Downtown San Jose location since they can take a baby bullet train which does not service the California Avenue Caltrain stop. Hopefully, if Downtown continues on the current trajectory, we might be able to convert some of these San Franciscans to San Joseans.
Some other perks of moving to Downtown San Jose from Palo Alto is that the cost of the office space is far less expensive and there is plenty of room to grow. You also have access easy access to the SAP Center, the remodeled Convention Center, an international airport, Lightrail, and BART in the future. If we can get two or three more of these hot companies Downtown, I think it would have a strong positive impact on the brand of Downtown and put the area on the radar for a lot more hot growing companies in Silicon Valley. Already, the restaurant and residential markets are exploding and retail is improving at a steady pace, so it is just a matter of time before the office market catches up.
Source: SVBJ
TWO BUCK Tuesday Nov. 19th, 7pm
From Phantom Galleries
Sunday, November 17, 2013
Indochino Pop-up Shop coming Downtown!
Indochino is an online menswear store that sells suits, tuxedos, and accessories. To show off their latest collection, they are setting up a pop-up shop right in the heart of Downtown (75 East Santa Clara, between 2nd and 3rd Street). There will be a tailor on hand and every suit purchase comes with an Art of Shaving kit in honor of Movember. For more info, check out the press release below.
I really hope we see more pop-ups like this in the future. These are exactly what we need to fill up vacant space until we get more MUJI's and San Pedro Square Markets Downtown. Side-note, Ike's Sandwiches is coming soon to this very same building and ISO: Beers will beacross the street yet another neighbor inside of 75 East Santa Clara. This block is going to be completely different 6 months from now.
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VANCOUVER BC- November 6, 2013 - Indochino – the leader in custom online menswear – is coming to San Jose for the first time after a series of successful stores in New York, Chicago and San Francisco. The Traveling Tailor pop-up store lands in the city November 18th at 75 East Santa Clara Street, Suite 150. The temporary retail experience gives men the chance to get custom suits, shirts and outerwear for a fraction of the price of bespoke.
I really hope we see more pop-ups like this in the future. These are exactly what we need to fill up vacant space until we get more MUJI's and San Pedro Square Markets Downtown. Side-note, Ike's Sandwiches is coming soon to this very same building and ISO: Beers will be
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Indochino Custom Menswear Debuts in San Jose
with Traveling Tailor Nov 18-24
“Indochino is all about helping guys look and feel great,” explains Kyle Vucko, Indochino Co-Founder and CEO. “I started the company to create the best retail experience for guys – an ecommerce site that allows customization with ease. Traveling Tailor evolves that concept by taking the experience offline, for men who want to meet with a stylist, feel the fabrics and talk through their options.”
Get the deluxe experience with one-on-one personalized shopping – VIP treatment that results in great fitting, stylish clothing that men want to wear every day. Men who book a 30-minute appointment will be guided through the measurement and customization process. Suits start at $449, shirts start at $79 and all customizations are free.
Traveling Tailor San Jose will be located at 75 East Santa Clara Street, Suite 150 from November 18th to 24th. Hours are: 8am-8pm weekdays, Saturdays 9am-8pmand Sundays 10am-7pm. Appointments can be made at:http://www.indochino.com/ traveling-tailor/sanjose
In honor of Movember, over the course of San Jose’s Traveling Tailor, men who purchase a suit will be treated to a complimentary Art of Shaving kit.
About Indochino
Founded in 2007 in Vancouver, BC, Indochino is leading the retail revolution by providing custom clothing to the modern man who wants to look good and live well. From button stance to pocket slant, lapel width to vent slits--every suit is made to individual measurements and tastes. To learn more about Indochino, visit www.indochino.com. To receive updates on Indochino's latest collections, join us on Facebook at www.facebook.com/indochino or on Twitter and Instagram at: @indochino.
Saturday, November 16, 2013
Saturday Stats: San Jose #5 in Economic Strength Index
San Jose is the only Californian city to rank in the top 10 local economies list for the whole United States. This study looked at 102 major metros and is based on 18 different components (full details below). Texas continues to dominate with Austin, Dallas, and Houston in the top 5, but it is nice to see San Jose representing on the list.
Source: SVBJ
Source: SVBJ
SOURCES
All raw data come from the U.S. Bureau of Labor Statistics and the Federal Housing Finance Agency, and are the latest available figures as of the second Monday of the current month.
TYPES OF CALCULATIONS
The formula for the On Numbers Economic Index has 18 components. They fall into four general categories:
• Five-year changes are calculated between the latest available data and the corresponding data for the same month (or quarter) five years ago.
• One-year changes are calculated between the latest available data and the corresponding data for the same month (or quarter) one year ago.
• Long-term trends are calculated over five one-year intervals: between the same month (or quarter) five years ago and four years ago, between the same month four years ago and three years ago, between the same month three years ago and two years ago, between the same month two years ago and one year ago, and between the same month one year ago and now. Those five percentages are then combined into a single score.
• Current rates are the latest rates available.
FORMULA COMPONENTS
These are the 18 components of the formula:
1. Five-year change in private-sector employment.
2. One-year change in private-sector employment.
3. Long-term trend in private-sector employment.
4. Five-year change in unemployment rates.
5. Current unemployment rate.
6. Long-term trend in unemployment rates.
7. Five-year change in weekly earnings per private-sector worker.
8. One-year change in weekly earnings per private-sector worker.
9. Long-term trend in weekly earnings per private-sector worker.
10. Five-year change in construction-sector employment.
11. One-year change in construction-sector employment.
12. Long-term trend in construction-sector employment.
13. Five-year change in retail-sector employment.
14. One-year change in retail-sector employment.
15. Long-term trend in retail-sector employment.
16. Five-year change in house values. (House values are updated quarterly. All other factors are updated monthly.)
17. One-year change in house values.
18. Long-term trend in house values.
SCORING
Markets are ranked from top to bottom in all 18 components. The top market in each component receives 100 points; the bottom markets receives zero. Others are evenly distributed in between. Second place, for example, is worth 99.01 points, third place is worth 98.02, and so on.
FORMULA WEIGHTING
These components count for 10 percent each of a market's final score: 2, 5, 8 and 17. (All numbers come from the components section above.)
These components count for 5 percent each: 1, 3, 4, 6, 7, 9, 11, 14, 16 and 18.
These components count for 2.5 percent each: 10, 12, 13 and 15.
Final scores are expressed on a 100-point scale.
SHORT-TERM AND LONG-TERM SCORES
Separate short-term and long-term scores are also calculated for each market. Both are expressed on a 100-point scale.
The short-term score reflects recent movement in the local economy, while the long-term score takes a five-year perspective.
Short-term scores are a composite of all one-year changes and current rates: 2, 5, 8, 11, 14 and 17.
Long-term scores are a composite of all five-year changes and long-term trends: 1, 3, 4, 6, 7, 9, 10, 12, 13, 15, 16 and 18.
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