BlueJeans moves HQ to San Jose

The popular video conferencing company BlueJeans is moving from Mountain View to the posh Santana Row flagship building at the very end of the row. They are upgrading from a 24,000 SQFT space to 40,000 SQFT in the same area where Splunk is headquartered. In fact, BlueJeans may have to bump up their salaries to keep their neighbor from poaching talent--Splunk has the highest median salary of any large company in the US.

It is an interesting move considering that their key competitor, Zoom, is also located in San Jose (Downtown). A few weeks ago Zoom became the must successful IPO of 2019 and the company is now worth over $16 billion. BlueJeans is smaller player but was worth $728 million four years ago during their last funding round. Who knows, they could be the next epic San Jose IPO.

Source: SVBJ

Santana Row opens new public plaza and 1,300 space garage

The capstone project at the very end of Santana Row is nearing completion, and two very important components of that project have just opened. First, a new 21,000 SQFT signature plaza is now open to the public. It features fountains, benches, a re-planted oak tree, and the beautiful landscaping Santana Row is known for. When the building is complete, there will be new retail stores wrapping around the plaza as well.

The second component is a much-needed 1,300 space parking lot, just north of the plaza. This should make parking at the Row much easier during those busy summer months.

Another nice perk of the garage is 50 (!) new EV parking stations, bringing the grand total to 134 at Santana Row. San Jose has one of the highest concentration of electric car owners in the world, so this is greatly appreciated.

Santana Row was the site of the very first Tesla store and there is a new amenity that I didn't really see announced anywhere. Last year, there were 0 Tesla Superchargers in San Jose. These are highly coveted since they charge 3 to 10 times faster than normal chargers. Today, there is not one but two Supercharger stations at Santana Row with a total of 36 stalls, making it one of the largest Tesla stations anywhere. Based on the press release for the new garage, they may get 25 more stalls in the near future since 61 Tesla stalls are referenced.

Downtown San Jose Farmers’ Market season begins May 3

The Downtown San Jose farmer's market is back tomorrow from 10am-2pm on San Pedro Street! Check out the full press release below.

Fresh produce, hot food, unique gifts available each Friday, 10 a.m.-2 p.m. at San Pedro Square

SAN JOSE - The Downtown San Jose Farmers’ Market, presented by Kaiser Permanente, will take place Fridays 10 a.m.-2 p.m. starting May 3 along San Pedro Street between Santa Clara and St. John streets.

The market includes fresh produce from California growers, fresh cut flowers, special gourmet foods and artisan booths full of clothing and crafts.  The energy of the market is lifted by live music, special food booths, San Pedro Square restaurants lining the street and thousands of downtown employees and residents who make the market part of their weekly routine.

The Pacific Coast Farmers’ Market Association (PCFMA) recruits 25-40 farmers and the San Jose Downtown Association oversees the street closures and other vendors. The partnership dates back to spring 1993, when the market was originally located at First and San Fernando streets. This is the 27th season.

Admission is free.

For more, check PCFMA.org, the @PCFMA Facebook page and sjdowntown.com

The market continues each week into November. On average, 2,500 residents, office workers and visitors head to the Farmers’ Market.  Customers are encouraged to bring their own reusable and washed bags.

Market partner Kaiser Permanente has teamed with the Downtown Association and PCFMA for nine years, educating attendees on healthful and “green” living that allow each individual to thrive.

In the spirit of thriving, many market shoppers walk to the market.  Those who drive can get parking validation for the Market-San Pedro Garage at the SJDA information table.  Visit www.parksj.org. Valley Transportation Authority (VTA) recommends riding light rail to the Santa Clara Street or St. James Street stations.  More at VTA.org.

Follow the Downtown Farmers’ Market on Twitter (@SJ_Downtown) and Facebook (/sjdowntown and /DowntownFarmers’Market).  The market website is https://sjdowntown.com/farmers-market-presented-by-kaiser-permanente/

About the San Jose Downtown Association:  The San Jose Downtown Association is a non-profit group of business and property owners working to improve the vitality and livability of downtown San Jose.  Established in 1986, SJDA programs more than 100 days of events each year.

Diridon Community Engagement Event: May 4 at SJ Museum of Art

The SJSU Master of Urban Planning Program is hosting an open house along with CommUniverCity to discuss how Diridon can be better connected to the rest of Downtown San Jose. In addition to some thoughtful discussion, the event has free food, activities, and entertainment and will take place this Saturday, May 4th from 10am to 2pm at the San Jose Museum of Art (also worth checking out).

You can RSVP over here.

Atlas Obscura - San Jose

Atlas Obscura is an interesting site that show unique or historical spots within a city. Their mission is "to inspire wonder and curiosity about the incredible world we all share." It is often used by travelers when planning trips to new places.

Atlas Obscura has a section for San Jose, but it has only 14 entries. This is compares to 168 entries for San Francisco or 324 for Manhattan. Heck, even Sacramento had 13 attractions listed. So what can we do about it? At the very end of the page, we can submit more suggestions for unique places and things to do in San Jose. Just head over here to see the current list and add your suggestions.

Hat tip to Kyle O'Dea for sending this in.

Google expanding to North San Jose

Google has a long term vision of building an epic 8 million SQFT campus in Downtown San Jose near Diridon. That project that will probably take a decade to come to fruition. Fortunately, there is another Google project in North San Jose with a much shorter horizon.

Google has just secured leases on three buildings totaling 611,535 SQFT that have yet to be constructed at 60 North Brokaw (near Casino M8trix). Peery-Arrillaga, the developer, has already requested permits to start construction. Two of the buildings would be eight stories tall, while the third is four stories.

The buildings could accommodate up to 4,900 employees, and they could start moving in as early as 2021. That sounds like ages from now, but is less than two years away. Since Mountain View real estate is completely tapped out, this is the first step in a long journey for Google to move the majority of their Silicon Valley operations to San Jose. Without major changes in building policies up north, San Jose is without a doubt Google's future.

Sources: SVBJ, San Jose Inside

Future Motion opening 60,000 SQFT facility in San Jose

Future Motion makes a one-wheel electric skateboard that is becoming increasingly popular. The self-balancing skateboards retail from $950 to $1,800. I see a bunch of them every time I'm in Downtown San Jose.

While the company is currently headquartered in Santa Cruz, they are opening a new manufacturing outpost in North San Jose at 2250 Zanker Road. Future Motion expects to employ 150 people at the new facility.

For additional information on Future Motion and the industrial market in general, check out the source link below.

Source: SVBJ

San Jose has fastest growth in international visitors to US cities

Of the 40 US cities attracting the most overseas visitors, San Jose was the fastest growing. We had 611,000 international visitors in 2017, which is a 25% increase from 2016. Note that these do not include visitors from Canada and Mexico. This compares to a nationwide increase of only 0.7% over the same period. That makes us the 19th metro in the US for international tourism.

San Francisco comes in 5th nationally with 3.4 million international visitors, but they actually saw a decline of 3.6% in the same period.

International visitors have a major impact on the economy measured in the thousands of dollars per single visitor. In fact, one full international flight can contribute a million dollars to the San Jose economy. While we do not rank very highly overall right now in terms of international visitors, the fact that the number is growing rapidly is a good sign.

Source: SJ Economy Blog