Silicon Valley unemployement continues to drop

Our job market has been holding up quite well in 2016. Unemployment ticket up a bit in the summer months, but has now dropped back below 4%.

At 3.8%, the current San Jose metro job market is stronger than at any point in 2015. This is quite surprising given how conservative investment has become this year. Silicon Valley is significantly outperforming both the United States (4.7%) and California as a whole (5.3%).

Source: SVBJ

Eastridge Shopping Center launches Holiday Season with safe Halloween fun and dazzling tree lighting display

San Jose, Calif. (October, 2016) – Eastridge Center, (http://www.eastridgecenter.com) located in eastern San Jose, is kicking off the holiday season with safe mall-wide trick-or-treating on Oct. 31 from 4 to 6 p.m. Then, on Friday, Nov. 11 at 6 p.m., shoppers can join in the celebration of the grand arrival of Santa Claus to San Jose with a spectacular tree lighting display.

“Eastridge has been hosting friends and families for 45 years as they make holiday memories and find the perfect gifts for loved ones,” said Eastridge Center’s General Manager John Petersen. “We look forward to these annual holiday events and the chance to give back to the community through Halloween activities, the magical tree display and visits with Jolly Ol’ St. Nick.”

Halloween Activities

On Oct. 31, the fun begins at 4 p.m. as free gift bags are distributed to the first 1,000 kids, ages 2-12, who are wearing a costume.

• Throughout the entire mall, stores displaying a pumpkin in the front window will be offering treats to families.
• Halloween fun is offered online for kids with a Halloween Interactive Coloring Book (eastridgecenter.com/event/trick-or-treat-at-eastridge). The site offers 24 coloring designs, enough to keep kids busy for hours in between seasonal activities!
• Worried about too many sugary treats? Eastridge Center offers a “Candy Buy Back” event Nov. 1-5 from 4 to 6 p.m. Bring your candy to Center Court and receive $1 per pound up to $5 per person. The candy will be donated to troops.
• The Safe Trick-or-Treat and Candy Buy Back is sponsored by the dentists from Manila Dental Center & Orthodontics IV and South Bay Dental Center & Orthodontics.

Tree Lighting Ceremony

On Friday, Nov. 11 from 6 to 7 p.m., Eastridge Center guests will countdown with Santa to light a 36-foot holiday tree in Center Court. The tree stands more than 36 feet tall in center court and is wrapped with a giant ribbon spiraling around its surface and the base of the tree enclosed in an exploding gift box. Adorned with a collection of 1,000 festive ornaments featuring a modernized traditional palette and more than 300 lights, it has become a community holiday tradition.

The celebration begins at 6 p.m. with a Holiday DJ spinning music and holding holiday raffles. At 6:50 p.m., the parade starts, with a drum corps and about 100 cheerleaders cheering up and down the route. At the end of the parade, Santa and his special guest will lead the countdown to the tree lighting, followed by Santa tossing candy into the audience amidst magic falling snow. Even more importantly, Santa will stick around to hear Christmas wishes from young and old and pause for photos with those who still believe.

Celebration begins: 6 p.m.
Santa Arrival:  7 p.m.
Tree Lighting Countdown: 7:15 p.m.
Holiday Celebration and Photos with Santa:  7:15 p.m. – close

Eastridge is a major regional destination with more than 150 shops, restaurants and entertainment venues in the thriving Silicon Valley market. Set on 113 acres in eastern San Jose bounded by Tully Road, East Capitol Expressway and Quimby Road, Eastridge is a two-story, enclosed super regional mall. Among the center’s distinctive mix of retail, restaurant and entertainment destinations are a 15-screen AMC Theaters, Round 1 Bowling and Amusement, Barnes & Noble, JCPenney, Macy’s, Sears, Forever 21, Tilly’s, Bath & Body Works, Victoria’s Secret, Chili’s, Red Robin and Olive Garden.

To learn more visit http://www.eastridgecenter.com or its social media accounts
Facebook: https://www.facebook.com/EastridgeCenter
Twitter: https://twitter.com/eastridgecenter
Instagram: https://www.instagram.com/eastridgecenter/

Midtown Art Mercantile bringing more "coolness factor" to San Jose

A 40,000 SQFT building at 430 Lincoln Avenue that was previously used as a canning plant and furniture warehouse has been transformed into a "maker space" for San Jose artisans. A third of the building is already leased to Chromatic Coffee, Hapa's Brewing, Good Karma Bikes, and Terra Amico Studio. It has the potential to become a trendy spot where people can shop local, have a pint of microbrew, and caffinate-up on the way out. Visit the source link for more info and photos.

Source: SJ Economy Blog

BREAKING NEWS: Adega became the first restaurant ever in San Jose to get a Michelin Star!!!

This is epic news for San Jose foodies! My favorite San Jose restaurant just got the international recognition it deserves. Adega in Little Portugal has become the first and only restaurant in San Jose to win a Michelin Star!

The Michelin guide represents the highest level of recognition restaurants can achieve. Each year, I highlight the lack of Michelin restaurants in San Jose with an annual post analyzing the guide and listing all Bay Area winners. I am completely thrilled that on my 8th annual post we will finally have a restaurant representing San Jose and it could not be a more appropriate one at that.

For my full review on Adega and its stunning interpretation of authentic Portuguese cuisine, head over here.

Better yet, head to the Adega website to make a reservation before the word gets out and it gets booked out for months.

Well done Adega, well done.

Okta is creating a second headquarters in Downtown San Jose

Okta is a hot "unicorn" tech company that provides identity management and security services for other businesses. In an unconventional move, they have decided to create a dual headquarters in the Bay Area.

They currently have 850 employees and around 500 of them work in the San Francisco office. That location limits their potential reach for talent, especially as commutes continue to get longer and longer with no public transit or highway improvements in site that will make a significant dent arriving anytime soon. Okta estimates that adding a HQ in San Jose will open up a third more talent that they would not have access to otherwise.

Okta will start with leasing the 16th floor at 300 Park Avenue near Adobe and right under Xactly. The 19,735 SQFT will provide enough room for at least 100 employees, but they have the option to expand to other floors in the building as well. They have already started hiring people for the office and plan to move in February.

The San Jose location will truly be a second headquarter. Executives will have desks in both locations and split their time between the two offices.

Why San Jose? They evaluated a lot of potential locations, but San Jose had the right mix of pro-growth mentality, expansion opportunity, urban amenities, and transportation options.

Source: SVBJ (Subscription Required)

Best Cities to Trick-or-Treat 2016

As a huge fan of Halloween, I'm thrilled to see San Jose maintain its Zillow rank as the 2nd best city to Trick-or-Treat in. Each year, Zillow creates the list using population density, walk score, home values, local crime data, and age distributions. This should theoretically provide the cities where trick-or-treaters can get the most candy, in the least amount of time, with the fewest safety risks.

Philadelphia took the top spot away from San Francisco this year, which now ranks #3 right behind San Jose. This means we now have the highest ranking west of the Mississippi for the study.

Within San Jose, the top specific neighborhoods for trick-or-treating were West San Jose (new this year), Cambrian Park, Willow Glen, Almaden Valley, and the Rose Garden.

Source: Zillow

Playful People Productions Presents: Annie KIDS

Annie KIDS

Based on the popular comic strip “Little Orphan Annie" and adapted from the Tony Award-winning Best Musical, Annie KIDS features everyone’s favorite little redhead in her very first adventure.

With equal measures of pluck and positivity,  Annie charms everyone's hearts despite a next-to-nothing start in 1930s New York City. Annie is determined to find the parents who abandoned her years ago on the doorstep of an orphanage run by the cruel Miss Hannigan. Annie eventually foils Miss Hannigan's evil machinations, finding a new home and family in billionaire, Oliver Warbucks, his personal secretary, Grace Farrell, and a lovable mutt named Sandy.

Our shows often sell out prior to the show weekend. Be sure to buy your tickets early, you won’t want to miss out on this fantastic production.

All Shows at the Historic Hoover Theater, 1635 Park Ave  San Jose, CA 95126

Show Times:
Friday, November 4th - 7:00pm
Saturday, November 5th - 11:00am, 3:00pm and 7:00pm
Sunday, November 6th - 11:00am, 3:00pm

Tickets available at www.playfulpeople.net
$12 attendees 12 and up, $8 children 11 and under, and $6 Children’s floor seating

Tickets at the door (30 minutes prior to curtain)
$15 attendees 12 and up, $10 children 11 and under, and $6 Children’s floor seating



Annie JR

Leapin’ Lizards! One of the world’s best-loved musicals returns to the Playful People stage.

Little Orphan Annie takes center stage in ANNIE JR. With pluck and positivity america’s favorite little orphan, Annie, charms everyone she meets despite a next-to-nothing start in the Depression-era New York City of the 1930s. She is determined to find her parents, who abandoned her years ago on the doorstep of an orphanage run by the cruel, embittered Miss Hannigan. When billionaire Oliver Warbucks decides to invite an orphan to his mansion for Christmas, Annie gets her chance to experience NYC  outside the confines of the orphanage. Despite Miss Hannigan's evil machinations, Annie befriends President Franklin Delano Roosevelt and finds a new home alongside Warbucks, his personal secretary Grace Farrell, and a lovable mutt named Sandy.

ANNIE JR is an adaptation of one of the world's best-loved and most-performed musicals. The show includes such unforgettable songs as It’s the Hard Knock Life, Easy Street, and the eternal anthem of optimism, Tomorrow.

Our shows often sell out prior to the show weekend. Be sure to buy your tickets early, you won’t want to miss out on this fantastic production.

All Shows at the Historic Hoover Theater, 1635 Park Ave  San Jose, CA 95126

Show Times:
Thursday, November 10th - 7:00pm
Friday, November 11th - 1:00pm and 7:00pm
Saturday, November 12th - 11:00am, 3:00pm and 7:00pm

Tickets available at www.playfulpeople.net
$12 attendees 12 and up, $8 children 11 and under, and $6 Children’s floor seating

Tickets at the door (30 minutes prior to curtain)
$15 attendees 12 and up, $10 children 11 and under, and $6 Children’s floor seating



For questions: barb@galiotto.com

Founded in 2010, Playful People Production’s mission is to provide a quality, caring environment where children, teens and their families can have positive theater experiences. We strive to involve all family members in the many aspects of on stage and backstage theater in a safe and fun environment and offer participation in theatrical productions, classes, summer stock and camps for ages 3-103

Saturday Stats: San Jose rents are stabilizing

This will be good news for a lot of folks. San Jose is one of the largest cities where rent growth has slowed down. The rate of increase has only been 0.6% in the last year (Sep 2015 - Sep 2016). Given that we have some of the highest rents in the US, hitting the brakes may not be a bad thing. The major downside is that this will likely delay some major development projects in San Jose.

Source: RENTCafe Blog