Apigee Officially Filed for an IPO

Downtown San Jose company Apigee has officially filed for an IPO (they will be trading under the Nasdaq ticker "APIC"). The company makes tools to manage and support APIs (Application Program Interfaces). They are the fifth-fastest growing tech company in North America and currently have a valuation of over $700 million. In 2014 they moved from Palo Alto to Downtown San Jose, a big win for our city that is only made more significant by this IPO. Hopefully, Apigee employees will use some of their new riches to contribute to the local community.

Source: Silicon Beat

All Cities in Santa Clara County Merging Into One Mega-City!

In 1998 the was a major amalgamation of all cities surrounding Toronto into one single "mega-city" with shared infrastructure and consolidated government. This model not only reduced the average cost of government services to residents, but it allowed an acceleration of development and urbanization. It appears that city leaders from the 15 Santa Clara County cities have been secretly meeting for years to discuss the possibility of doing something similar in Santa Clara County. A major announcement is expected to be made later this week!

Specifics are still sparse, but you can find more info on this breaking story over here!

Din Tai Fung Coming to Valley Fair

World-famous dumpling house Din Tai Fung has chosen their first (and perhaps only) Bay Area location... and it's not in San Francisco. Din Tai Fung is opening a flagship 8,200 SQFT restaurant in Valley Fair (next to J. Crew). There are only five of these restaurants in the US, three in the LA area and two in Seattle. When the Seattle one opened up, the lines to get in there were three hours long.

This is yet another big win for Valley Fair, which like it's neighbor across the street is bringing in multiple world-class stores and restaurants. This is likely only the beginning since they are about to start on a $600 million expansion that will make it the largest mall in Northern California come 2017. The expansion includes a 150,000 SQFT Bloomingdales, an ultra-premium home store called Pirch, a luxury movie theater, and a Santana Row-style outdoor restaurant/lounge area.

Source: SVBJ

237 at First Office Project Begins Construction

South Bay Development is moving forward with a 615,000 SQFT speculative office project in North San Jose at the intersection of Highway 237 and North First Street. Speculative means that they are building this without a specific tenant in mind. These types of projects typically only get built when the office market is on fire. It's a common practice in Palo Alto and Mountain View, but unfortunately there have not been many "spec" projects moving forward in San Jose. Perhaps that is about to change.

Construction is now beginning on the first phase of the $100 million project, which is broken across four buildings that will be six-stories or so each. South Bay Development acquired the land from Cisco three years ago. The project will also include some of the fun amenities that tech workers have come to expect such as outdoor space with volleyball, basketball, and bocce courts. 237 at First should be completed by June 2016.

Unfortunately there is no retail incorporated into this project, but the @First shopping center is just down the street and a new 150-room Homewood Suites by Hilton will also be built nearby. Now that office vacancy in all of Silicon Valley is below 10% and asking rents have increased 25% over the last four years, it won't be long before more of the surrounding vacant land is filled up.

Source: SVBJ (Subscription Required)

Another Slick City Hall Photo

Cardinal2007 from the San Jose Development Forum has found yet another cool Downtown San Jose photo. This one is by Alejandro Gomez:

The New Eastridge 24 Hour Fitness Opens Today

The eagerly anticipated 24 Hour Fitness at Eastridge Mall is finally open. The huge 38,000 SQFT gym includes stat-of-the-art equipment, a U-shaped indoor pool, a sauna, and a steam room.

Come join the Grand Opening Celebration is today from 9am to 2pm and you can take a tour, participate in exercise class demonstrations, or get a personal health and fitness consultation. Additional details are in the press release below.

New 24 Hour Fitness® Eastridge Super-Sport Club Opens In
“The Silicon Valley Capital”

SAN JOSE, CA – March 19, 2015 – In the shadow of its San Ramon corporate headquarters, Eastridge Center will become home to a new 24 Hour Fitness club which opens to the public later this month, in the heart of the newly remodeled section of the lifestyle shopping mall. The community is invited to the official Grand Opening Celebration on Saturday, March 28, 2015, from 9:00 a.m. – 2:00 p.m., 2200 Eastridge Loop, Suite 1428, San Jose.

The new club’s knowledgeable staff springs into action on opening day sharing the benefits of functional fitness for prospective members—taking special note of the “Live, Work & Play,” message that defines the city of San Jose. Early birds will arrive first, eager to break in the new club’s state-of-the-art equipment and experience its amenities before the Grand Opening festivities officially begin.  During the Grand Opening itself, kids and families can explore the club and activities that enhance the ability to “live, work and play.”  Club tours, group exercise class demonstrations, including Zumba®, are scheduled throughout the day.  Guests are also encouraged to make an appointment for a personal health and fitness consultation—an enlightening and valuable ingredient to charting a successful fitness journey.

“Our Super-Sport will become a hub of fitness, health and wellness resources for San Jose residents where they live, shop and play,” said Tony Cigliutti, Club Manager.  “We’re thrilled with the opportunity to introduce our talented health and fitness team to the community and share how easy it is to incorporate fitness into everyday life.”

The new, modern club design features nearly 38,000 square feet of state-of-the-art equipment and amenities to help members stay active and healthy all year-round. Features include:

• A U-shaped indoor pool, sauna and steam room
• Cardio, strength and functional training equipment
• Full schedule of Cycle and Group X® classes
• Personal training services*
• Kids’ Club
• Towel service

To experience the new gym, download a free guest pass from 24hourfitness.com.

*Additional fees apply

About 24 Hour Fitness
Headquartered in San Ramon, Calif., 24 Hour Fitness is a leading health club industry pioneer, serving nearly 4 million members in more than 400 clubs across the U.S. For more than 30 years, the company has been dedicated to helping members change their lives and reach their individual fitness goals. With convenient club locations, personal training services, popular group exercise classes and a variety of strength, cardio and functional training equipment, 24 Hour Fitness offers fitness solutions for everyone.

New 150-Foot-Long Mural in San Jose

The fact that a mural this size can be completed in 5 days is pretty astounding. Check out some "making of" photos over here and the full description from Empire Seven Studios below.

From Empire Seven Studios:

Andrew Schoultz new mural in San Jose, CA

A couple weekends ago, we brought out Andrew Schoultz to San Jose, CA to paint a large scale mural. Completed in 5 days measuring at 150ft long x 24ft tall, this is the 11th mural part of the E7SWallSJ Project.

Below is an statement by the artist:
"Generally speaking, my approach to murals happens somewhat spontaneously and organically on location of the mural. I enter in with general ideas, and maybe an initial starting point image. In this case I wanted to begin with the idea of the vessel. To be more specific a vessel on its side or tipped over. A vessel's purpose is to carry water. In this picture there is not much water falling from the vessel, instead there appears dust clouds instead. I try very hard to incorporate social and political ideas into my public works, but I strive to keep it on a subtle level, that encourages a viewer to think about the picture and arrive at their own conclusion. Obvious political and social messages in public art and murals becomes nothing more than a message that preaches to the choir, and eliminates a viewer who does not subscribe to those particular politics or social messages from even considering or thinking about what they see.

With this particular mural, that I am loosely titling "Empty Vessel"  the underlying theme without being too obvious or didactic has to do with the water crisis that California is currently facing. To make a long story short, this is a catastrophic problem. Technically California has been considered in a drought for nearly 6 years, and no one really seems to care on any sort of mainstream level. Its typical in America for there to be huge problems going on, and as long as they do not effect our day to day life, they seem to be easily Ignored. So then comes in the huge Beast, or monster that appears in the mural. Perhaps the idea of there being a giant monster in the room that no one wants to talk about or deal with is a good description of this water crisis. The idea of outer space is also incorporated, in kind of a loose tongue and cheek sort of way, in that there is no water on the moon or in outer space for that matter, and outer space and the moon
are not inhabitable places. Living things cannot exist… etc.

On purely aesthetic level, I do also try to create walls that are fun to look at and create a dynamic experience for a viewer in the public space. I try to push forward with new and exciting painting techniques every time I do a wall. In this case I used a paint sprayer in ways I have never used one before…"

-Andrew Schoultz

Coding Dojo Moves to San Jose

Coding Dojo is a computer programming boot camp that turns people into coders in just 3-4 months. They have recently moved their HQ from Mountain View to a larger and more modern space in North San Jose (1982 Zanker Road). Due to high demand, they are also hoping to open a second San Jose location in the next couple months.

In addition to the new digs, Coding Dojo has pledged to increase both female and minority enrollment. They have already gotten their female enrollment up from 10-15% to 25-30% in just the last six months.

The standard 12-week classes have 25-35 student "cohorts" and cost between $10,500 and $12,500. That sounds like a bargain compared to the astronomical salaries you can rack up in the tech world.

Source: SVBJ