There was a great article that I have been meaning to post about entitled "How Silicon Valley can get its groove back, part 2." It's written by Greg Baumann, the new Editor in Chief at the Silicon Valley Business Journal.
It starts off by implying that we are basically losing our edge against San Francisco and there has been a flight of young talent because Silicon Valley just isn't cool. I will say that I agree this is the perception, but when you look at actual numbers there really isn't much of a flight at all. If anything Silicon Valley is growing faster than San Francisco in terms of office development, employment, salaries, and number of tech startups. However, there is definitely a stigma that is floating around.
Greg's solution... Downtown San Jose. Young workers want to live in urban environments where they don't need a car, there are quality restaurants and cafes in walking distance, there is easy access to transit, and cultural facilities are nearby. Of all locations in Silicon Valley, San Jose has all of the raw materials needed to cater towards this demographic. Now it's all about execution of improving these ingredients and mixing them together into a cohesive experience that will attract young talent.
I'm going to toss in a few other benefits Downtown San Jose has that you won't find in SF: 1.) Great weather 2.) 5min access to an international airport 3.) Easy access to freeways and parking for those that do want to drive.
Check out the article over here and let us know what your thoughts are!