Valley Vision

Valley Vision - Joint Venture's Monthly Newsletter

Joint Venture, USGS team up for HayWired earthquake scenario release

Russ Hancock speaking

A who's-who of Bay Area elected officials gathered at Berkeley for the April 18 rollout of the "HayWired" earthquake scenario, which drew widespread media attention.

The scenario, prepared by the U.S. Geological Survey with support from Joint Venture's Institute for Regional Studies, forecasts 800 deaths and thousands of injuries in a major quake on the Hayward fault. It also enumerates expected property damage and details long-term economic setbacks when the fault finally ruptures. "We can feel satisfied that our region is pulling together," said Joint Venture CEO Russell Hancock. "But there is so much more to accomplish if we want to be the world's best example of planning."

The Berkeley rollout, planned and organized by USGS, Joint Venture and a team of partners, also featured the unveiling of the "Outsmart Disaster" campaign. California Business, Consumer Services & Housing Secretary Alexis Podesta announced the campaign's initial sponsors and spoke to the importance of business resiliency.

Joint Venture will contribute expertise on communications infrastructure for the next phase of the HayWired rollout, slated for October.

Learn more about the HayWired scenario.

Participate in the Outsmart Disaster campaign.

Institute Report: Office vacancy rates highest in six years; industrial vacancy rate lowest since 2000

Commercial Space report cover

The Silicon Valley Institute for Regional Studies reports that vacancy rates for Silicon Valley office space increased to 17.4 percent in the first quarter of 2018 while the vacancy rate for industrial space dropped to an 18-year low of 2.9 percent.

The Institute’s latest quarterly commercial real estate report, prepared in partnership with JLL Silicon Valley, shows that five developments were completed in the quarter, accounting for nearly one million square feet of commercial office.

Read the news release.

Read the report.

SVEDA Broker Breakfast in Fremont May 10

SVEDA logo and broker breakfast banner

The Silicon Valley Economic Development Alliance invites commercial real estate brokers and other development professionals to an informative, interactive breakfast briefing in Fremont May 10.

Panelists from Fremont, Hayward, Newark and Union City will discuss the latest development opportunities in their cities. The event takes place at the engineering college 42 Silicon Valley in Fremont, from 7:30 a.m. to 9 a.m., with continental breakfast. Panelists will be available for networking after the presentation.

To register, contact Kara Gross, .

Learn more about SVEDA.

KQED to air State of the Valley session on housing and transportation May 2

house and car graphic

KQED radio will broadcast the panel conversation on the region’s housing and transportation challenges from this year’s State of the Valley conference on May 2 at 8 p.m.

The one-hour broadcast, “What’s Holding Us Back?” features Metropolitan Transportation Commission executive director Steve Heminger and UC Berkeley professor and housing expert Carol Galante in a conversation moderated by Joint Venture CEO Russell Hancock.

Watch a video of the session.

Joint Venture sponsors e-bike competition

JVSV and SV Clean Energy logos

Joint Venture proudly sponsors Silicon Valley Clean Energy's "Bike to the Future" regional electric bike building competition among high school teams May 5 from 9 a.m. to 1 p.m. at Gilroy Gardens.

Ten teams of students will compete in a series of challenges for a $5,000 scholarship using electric bikes they’ve designed and built. This event also features a clean commuting fair with electric bike vendors, safety tips for bike commuting, and everything you need to know about carbon-free transportation.

Learn more about Bike to the Future.

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