Originally Posted by JeffKeryk
In Silicon Valley, manufacturing is pretty much gone. Well except Tesla... The Model Y and Pickup are supposed to be out this year...
It used to be that there were more tool and die jobs here than anywhere in the world, to supply Semiconductor Manufacturing.
But Corporation Headquarters are staying and more are coming. The business end is here.
Apple Spaceship; 12K employees, plus so many other offices.
In downtown San Jose, near the Diridon train station, Google plans a development where 25,000 people could work, including 15,000 to 20,000 of the search giant's employees, in a transit-oriented community of office buildings, homes, hotels, shops, restaurants and open spaces. 2.6M square feet, to start.
They also spent $300M to buy building complexes where I used to work in North San Jose.
This place is different; it is amazing.
Google San Jose Campus
One thing that isn't different about the place is that the workers still need places to live.
The amazing part is that because there is so much demand for the available housing stock prices have been bid up into seven figures for quite modest places.
Simple microeconomics at work.
The rub in any new development is that there isn't enough housing available within any reasonable commute in time, ignoring miles, to accommodate all of these new campuses with their thousands of workers.
The good news is that with broadband connectivity everywhere as well as cheap transport, there is no reason for modern service providers to cluster their operations in any given geographical area, as though they were running factories and all of their supporting shops back in the eighteenth century.
It may take a bit for these firms to twig to this, but they must and will.