| Institute Report: Commercial development still brisk |
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Commercial development has been robust through the third quarter of 2019, according to Joint Venture’s Institute for Regional Studies. The Q3 report, which covers commercial development spread over three counties, shows year-to-date completions already exceed 2018 totals.
13 million square feet are currently under construction, including a resurgence of dedicated space for research & development. |
| Read the report |
| Joint Venture pairs Valley Water with Robert Half to help underserved youth |
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Joint Venture’s Silicon Valley Talent Partnership (SVTP) kicked off a project for Valley Water, which will recruit underserved-youth to be interns. A pro bono team from Robert Half International is providing skilled volunteers to assist in the endeavor.
Through the project, Valley Water will educate young people about water management and create a long-term career path within the agency. SVTP will facilitate the project from start to finish. |
| Contribute ideas for future SVTP projects |
| Manzanita Group Releases Report |
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The Manzanita Talks, pairing eight peninsula mayors with eight tech companies, have completed their dialogue and released a report.
The Talks explored whether the cities and companies should team up on a range of transportation services that address the “last mile” problem for commuters taking transit. The report provides deep analysis on four possible scenarios.
“Today we deliver this report to the public,” said the participants in a joint statement. “It provides the background and the analytical foundation necessary for our region’s decision makers, so that they can think more expansively, continue these vital conversations, and take action.” |
| Read the report |
| Rachel Massaro Discusses Bay Area “Exodus” on CreaTV |
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Rachel Massaro, Vice President & Director of Research at Joint Venture's Institute for Regional Studies spoke expansively on CreaTV’s Valley Politics with Terry Christensen With 44 percent of Bay Area residents saying they’re thinking about leaving the area, many describe the situation as an “exodus.”
“For the third year in a row, people are moving out of Silicon Valley nearly as quickly as they are moving in,” she explained. “In the past three years our region gained 61,977 foreign immigrants, but lost 64,318 residents to other parts of California and the United States.” |
| Watch the interview |
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Is there a difference between “luck” and “privilege?” Where does sheer determination factor into the equation? Mila Zelkha, Community Ambassador for Palantir Technologies and a key player in Joint Venture’s Manzanita Talks, posits that her path to success was paved by “lucky privilege.” Perhaps. But her CV demonstrates that from an early age she rolled up her sleeves with a passionate commitment to make the world a better place.
It’s an approach she continues to this day. At Palantir, Zelkha oversees a host of efforts to make this region better. Her work with the Manzanita Talks project seeks to help solve vexing traffic problems on the Peninsula. |
| Read Mila's profile |
| Silicon Valley Economic Development Alliance hosts 3rd-annual conference in Santa Cruz |
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Joint Venture’s Silicon Valley Economic Development Alliance - SVEDA - will hold its 3rd-annual conference November 14 and 15 in Santa Cruz. The group addresses business needs through local government policy, streamlined permitting processes, and linking businesses to local and regional resources that add value to company innovation and growth.
The event, featuring an array of experts and thought leaders, provides two days of programming on revenue, retail, placemaking, resilience, and more. |
| Register |
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October 18, 2019 - (Palo Alto Online) - Peninsula cities, companies explore partnership to tackle traffic congestion: Launched by Joint Venture Silicon Valley, the series sought to bring all the parties together to exchange knowledge about transportation-demand management... . More
October 16, 2019 - (KPIX CBS TV) - Salesforce CEO Says Facebook Is 'Like Cigarettes,' Should Be Broken Up: "We have a long-standing tradition of breaking up monopolies in this country," said Russell Hancock, CEO of Joint Venture Silicon Valley. More
October 15, 2019 - (CBS News) - #DeleteFacebook trends after report Zuckerberg secretly dined with conservatives: Russell Hancock, President and CEO of Joint Venture Silicon Valley, said it would take time to figure out if the hashtag had any impact on Facebook. More
October 14, 2019 - (Stanford Daily) - Students recover 1,000 pounds of leftover food from Stanford Stadium concessions: ...A La Carte, launched last year as a pilot program between Stanford and Joint Venture Silicon Valley, a local nonprofit which analyzes the impact of local public- and private-sector projects. More
October 11, 2019 - (Mountain View Voice) - Mountain View lays out $81 million plan for El Camino Real: More than 15 years ago, the nonprofit think tank Joint Venture Silicon Valley urged Peninsula cities to seize a "golden opportunity" by harnessing the demand for redevelopment to transform El Camino Real into an urban neighborhood corridor. More
September 28, 2019 - (Detroit Free Press) - GM strike is a surprising modern test of the power of workers versus corporations: “We don’t have big factories in Silicon Valley where people are punching time cards and doing grueling physical labor,” said Russell Hancock, president and CEO of Joint Venture Silicon Valley. More
September 17, 2019 - (Mercury News) - Opinion: Why FCC should finalize its radio frequency safety rules. Written by David Witkowski executive director of the wireless communications initiative at Joint Venture Silicon Valley. More
September 12, 2019 - (The Globe and Mail) - Silicon Valley’s motor city: As big tech adds fuel to a housing crisis, poorer residents live in RVs:“I would say it’s our number one concern,” says Russell Hancock, chief executive of Joint Venture Silicon Valley. More
September 9, 2019 - (CBS Bay Area) - Critics Say Just One Woman On Forbes List Of ‘100 Most Innovative Leaders’ Sends Wrong Message: “It’s simply wrong to say that women are not innovative — that women are not achieving in the workforce and in the halls of our corporations. That would be factually incorrect and a hurtful and damaging conclusion,” said Russell Hancock, CEO of Joint Venture Silicon Valley. More
September 4, 2019 - (Connect California) - Bay Area Exodus Fueled by Region’s Affordability Crisis: Joint Venture Silicon Valley’s latest Silicon Valley Index pointed out that 30% of tech talent aged 25-44 who moved to Santa Clara County in 2017 came from outside California, including countries like India and China. More
August 30, 2019 - (Mercury News) - Bay Area exodus: Thousands more fleeing region than arriving from other states. For Rachel Massaro, vice president and director of research with Joint Venture’s Silicon Valley Institute for Regional Studies, the data raises concerns about the Bay Area’s education system and untapped potential. More |
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