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 JUNE 2014
FEATURED STORIES
 
St. James Park
/ SAINT JAMES PARK SCORES AS VIEWING SITE FOR  WORLD CUP SOCCER GAMES & FREE SUMMER MOVIES
#sjplace

San Jose's Office of Economic Development,  the San Jose Earthquakes and San Jose's Downtown Association are pleased to announce the official viewing of select games and event sites for the 2014 World Cup games in Silicon Valley kicking off on June 14 through June 16 at Plaza de Cesar Chavez Park. Starting June 20, the remaining selected games will be broadcast at Saint James Park in Downtown San Jose. Bring your lawn chairs and watch the games on the big screen, then take in a summer movie series, which kicks off with Bend it Like Beckham on June 14 following the soccer game. Admission is free and open to the public. Food trucks will be onsite at most events. For the event schedule, click here. Contact Cara Douglas, Business Communications Manager, for more information. 

 

P.J. Ciraulo, Bedlam Beauty & Barber Shop Downtown, San Jose
/ SAN JOSE RANKED #1 CITY IN US FOR SMALL BUSINESSES
#sjsmallbusiness 

San Jose recently ranked as the No. 1 city in the 

U. S. for small business, according to  Biz2Credit's report. The City's No. 1 ranking is based on a weighted average that includes annual revenue, credit score, age of business (in months), cash flow, debt-to-income ratio, incorporation (C-Corp or LLC vs. sole proprietorship), and business owners' personal credit scores. "San Jose remains the center of innovation and new business job creation in the U.S.," said Biz2Credit CEO Rohit Arora. "The uplift in the northern California economy has not just benefited tech-centric startups." The money and workers brought in by high-profile tech companies boosts all Silicon Valley businesses, including gas stations, restaurants, and boutique shops, noted Arora. A small business is defined as one with fewer than 250 employees and less than $10 million in annual revenues. For more information, click here. or contact Cara Douglas, Business Communications Manager.

 

  

NORTH SAN JOSE
Hyatt Place
/ HOTELS COME TO NORTH SAN JOSE - AN INDICATION OF MARKET GROWTH
#northsj 

The development of branded properties on one site is part of a growing trend in San Jose that has allowed owners to target different travelers and take advantage of economies of scale by sharing resources like staff and facilities. The Huntington Hotel Group along with affiliate San Jose HHG Hotel Development LP is an example of this. With a 175-room Residence Inn and a 146-room SpringHill Suites on 0.5 acres near the Mineta San Jose International Airport, these hotels will share a pool, health club, gift shop, three-story parking garage and back-of-house areas. The Hampton Inn & Suites and the Holiday Inn, currently under development in North San Jose, will share parking facilities. In addition, the Hyatt Hotels Corp. $65 million Hyatt Place and Hyatt House will add 330 rooms on a shared six-acre parcel in North San Jose.  "We recognized the need for additional extended stay lodging in the area due to the success of Silicon Valley technology companies and new/expanding companies driving employment growth," says Kevin Keefer, principal of Huntington Hotel Group. For more information, click here or contact Chris Burton, Senior Business Development Manager.

  

DOWNTOWN
/ LORING WARD SNAGS TOP SPOT WITH BIGGEST DOWNTOWN LEASE OF YEAR 
#downtownsj

Investment manager Loring Ward is moving its headquarters to 10 Almaden from Santana Row by leasing approximately 43,000 square feet, which is the largest Downtown lease of the year. According to Alex Potts, CEO of Loring Ward, "You know, Downtown is getting some serious mojo with San Pedro Square Market, some of the new buildings and new companies there, this could be a great place for employees to work." Loring Ward currently has 100 employees and is growing. "It's different from Santana Row, but there are places where you can go downstairs, eat different foods, and you're just kind of in the heartbeat of what's going on," noted Potts. Lee Wilcox, San Jose's Downtown Manager said, "We are thrilled to have Loring Ward as a member of our vibrant Downtown community." For more information, click here, or contact  Leland Wilcox, Downtown Manager.

 

/ 90+ BURGEONING CREATIVE INDUSTRIES, INCLUDING LPA, FOUND THEIR PLACE 
#sjdowntown

LPA recently joined more than 90 creative businesses Downtown. These firms, including architecture and design firms, as well as others whose work is rooted in art or design found their place in Downtown San Jose. "We moved Downtown because we wanted to be in an urban center near a major airport and public transportation," said Patrick McClintock, a senior interior designer who co-leads the San Jose office. McClintock also acknowledged that Downtown San Jose made financial sense. LPA plans to grow its local staff from 10 to 30 as its Bay Area presence expands. Welcome to Downtown, LPA! For a list of the 90+ creative firms Downtown, click here. For more information about LPA, click here, or contact  Leland Wilcox, Downtown Manager.

 

INVESTMENT
 
/ BIKE TO SHOP DAY CONNECTS CYCLISTS TO 75+ LOCAL RETAILERS

#sjinvestment

San Jose's Office of Economic Development sponsored the first Bike to Shop Day recently in celebration of Bike to Work Month to connect area cyclists to local retailers. "We're excited that Silicon Valley's first Bike to Shop Day started in central San Jose," said Kim Walesh, San Jose's Director of Economic Development. "This event invites our cyclists to support a 'shop local' culture and helps our residents discover neighborhood stores and build a stronger sense of community." Hundreds of cyclists turned out for the event. To read more, click here, or contact Cara Douglas, Business Communications Manager.

  

/ REGUS MOVES DOWNTOWN WITH CO-WORKING SPACE FOR ENTREPRENEURS & STARTUPS  
#downtownsj

Regus, the world's largest provider of co-working office space, is opening its fifth location in Downtown San Jose at 99 Almaden. The Luxembourg-based company will retrofit more than 10,000 square feet to accommodate entrepreneurs and startups in San Jose. Regus joins five other incubators and accelerators that provide co-working and short-term office space locations Downtown. They include NextSpace, Pacific Business Centers, Santa Clara Executive Suites, San Jose Business Center and Executive Suites.  Welcome, Regus! For more information, click here, or contact  Leland Wilcox, Downtown Manager.

 

TALENT
Western Digital
/ MANUFACTURING EMPLOYMENT UP 1.6% IN SAN JOSE, 1% in CA 

#jobssj

From February 2012 to February 2013 manufacturing employment in San Jose rose 1.6% with approximately 63,620 manufacturing jobs according to the 2014 Directory of Manufacturing Employment Report. The state of California increased by 1% and is now home to 25,237 manufacturing companies employing approximately 1,540,000 workers. To read the report, click here, or contact John Lang, Chief Economist.

 

Find Your Place
HOW WE CAN HELP

OFFICE OF ECONOMIC DEVELOPMENT DIGITAL BROCHURES & PRESENTATIONS

San Jose Brochure

/ Downtown San Jose Brochure

Downtown Power Point Presentation

 

BUSINESS ASSISTANCE

PROGRAM FACT SHEETS

  
For more information, call 408.535.8181 or contact Cara Douglas 
  
#WHYSJ
 Downtown San Jose has more than 200 restaurants and cafes.
  
 #SJTALENT FACTOID
 50% of college-educated young adults in Santa Clara County live in San Jose.
  
EVENTS

Ongoing 

 

May 31

 

/ South First Friday-Subzero Fest & Street Markets 

June 6-7

 

/ Juneteenth

June 14-15

 

/ Dancin on the Avenue

June 21

 

JOB FAIRS & WORKSHOPS

/ Free Job Training Courses Through Skill Up America

ongoing

 

To provide feedback or suggest topics, contact Cara Douglas.
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