Workday corporate headquarters, 6110 Stoneridge Mall Road, Pleasanton.PLEASANTON — Workday has completed a real estate deal that solidifies the tech titan’s footprint in the East Bay by purchasing several office buildings in Pleasanton.The swiftly expanding provider of cloud-based software services has bought six buildings in Pleasanton, including its existing headquarters complex, according to Alameda County property documents filed on March 18.The just-bought buildings are all located on Stoneridge Mall Road near the regional shopping center in Pleasanton.Pleasanton-based Workday paid...…Workday corporate headquarters, 6110 Stoneridge Mall Road, Pleasanton.PLEASANTON — Workday has completed a real estate deal that solidifies the tech titan’s footprint in the East Bay by purchasing several office buildings in Pleasanton.The swiftly expanding provider of cloud-based software services has bought six buildings in Pleasanton, including its existing headquarters complex, according to Alameda County property documents filed on March 18.The just-bought buildings are all located on Stoneridge Mall Road near the regional shopping center in Pleasanton.Pleasanton-based Workday paid...WW…

By | | Bay Area News GroupThe Bay Area economy, which only a year ago was perhaps the hottest in the United States, now has such a feeble job market that it could be two years before it recuperates from COVID-inflicted ailments.The region has recovered fewer than one-third of the jobs that employers jettisoned in March and April of last year due to government-ordered business shutdowns to battle the coronavirus.“It is a huge jobs deficit,” said Jeffrey Michael, director of the Stockton-based Center for Business and Policy Research at the University of the Pacific. “The winter coronavirus...…By | | Bay Area News GroupThe Bay Area economy, which only a year ago was perhaps the hottest in the United States, now has such a feeble job market that it could be two years before it recuperates from COVID-inflicted ailments.The region has recovered fewer than one-third of the jobs that employers jettisoned in March and April of last year due to government-ordered business shutdowns to battle the coronavirus.“It is a huge jobs deficit,” said Jeffrey Michael, director of the Stockton-based Center for Business and Policy Research at the University of the Pacific. “The winter coronavirus...WW…

By | | Bay Area News GroupSAN JOSE — Downtown San Jose’s new projects are poised to reshape the municipality’s urban core as a “15-minute city” that can flourish in the coronavirus era.The idea is to give people the ability to live, work, play and enjoy leisure time all within a compact area.Development endeavors such as those proposed and being crafted by Google, the Westbank-Gary Dillabough team, Jay Paul Co., and Urban Catalyst could transform downtown San Jose into this kind of cutting-edge city.Now, experts with Lendlease, a developer working with Google on several projects, and with...…By | | Bay Area News GroupSAN JOSE — Downtown San Jose’s new projects are poised to reshape the municipality’s urban core as a “15-minute city” that can flourish in the coronavirus era.The idea is to give people the ability to live, work, play and enjoy leisure time all within a compact area.Development endeavors such as those proposed and being crafted by Google, the Westbank-Gary Dillabough team, Jay Paul Co., and Urban Catalyst could transform downtown San Jose into this kind of cutting-edge city.Now, experts with Lendlease, a developer working with Google on several projects, and with...WW…

By | | Bay Area News GroupJob losses continued to jolt the Bay Area and California during January, according to a new report Friday that also revealed that the coronavirus dealt a harsher economic blow to the region and state than first estimated.The Bay Area lost 4,800 jobs during January, with the South Bay and the San Francisco-San Mateo region suffering the biggest declines. The East Bay and Marin County were bright spots with sturdy job gains, according to the report from the state Employment Development Department. Overall, California lost 69,900 jobs.“The recovery completely...…By | | Bay Area News GroupJob losses continued to jolt the Bay Area and California during January, according to a new report Friday that also revealed that the coronavirus dealt a harsher economic blow to the region and state than first estimated.The Bay Area lost 4,800 jobs during January, with the South Bay and the San Francisco-San Mateo region suffering the biggest declines. The East Bay and Marin County were bright spots with sturdy job gains, according to the report from the state Employment Development Department. Overall, California lost 69,900 jobs.“The recovery completely...WW…

By | | Bay Area News GroupBERKELEY — Residents are exiting the Bay Area at a far greater pace than people are coming into the region — and the exodus from the Bay Area and from San Francisco, in particular, is far more severe than is the case for California overall, a study released Thursday shows.The defections from the Bay Area and California have increased during the months of government-ordered business shutdowns to help ward off the spread of the coronavirus, according to a study by the California Policy Lab at UC Berkeley and UCLA.“Exits from the Bay Area have increased during the...…By | | Bay Area News GroupBERKELEY — Residents are exiting the Bay Area at a far greater pace than people are coming into the region — and the exodus from the Bay Area and from San Francisco, in particular, is far more severe than is the case for California overall, a study released Thursday shows.The defections from the Bay Area and California have increased during the months of government-ordered business shutdowns to help ward off the spread of the coronavirus, according to a study by the California Policy Lab at UC Berkeley and UCLA.“Exits from the Bay Area have increased during the...WW…

By | | Bay Area News GroupPG&E electricity and natural gas residential customers should brace for a noticeable jump in their monthly bills this month, an increase the utility says will be used to finance efforts to improve safety and reliability.The monthly bill for the average customer who receives both electricity and gas service from PG&E is jumping to $196.95 a month effective March 1, an increase of $8.73 a month from the average monthly rate that went into effect on Jan. 1, PG&E stated in a post on its web site. That works out to an increase of 4.6%.Robert Kenney, vice...…By | | Bay Area News GroupPG&E electricity and natural gas residential customers should brace for a noticeable jump in their monthly bills this month, an increase the utility says will be used to finance efforts to improve safety and reliability.The monthly bill for the average customer who receives both electricity and gas service from PG&E is jumping to $196.95 a month effective March 1, an increase of $8.73 a month from the average monthly rate that went into effect on Jan. 1, PG&E stated in a post on its web site. That works out to an increase of 4.6%.Robert Kenney, vice...WW…

By | | Bay Area News GroupSAN JOSE — A loan default has rattled a San Jose project proposed by bankrupt developer Sanjeev Acharya and his company Silicon Sage Builders, creating more financial challenges for Acharya, who is the focus of securities fraud allegations.A lender has filed a notice that a delinquent loan could trigger a foreclosure of Silicon Sage Builder properties at 2149 Alum Rock Ave. in east San Jose, according to documents filed with Santa Clara County officials.Acharya and Silicon Sage Builders have fashioned a Bay Area real estate empire that appears to have crumbled...…By | | Bay Area News GroupSAN JOSE — A loan default has rattled a San Jose project proposed by bankrupt developer Sanjeev Acharya and his company Silicon Sage Builders, creating more financial challenges for Acharya, who is the focus of securities fraud allegations.A lender has filed a notice that a delinquent loan could trigger a foreclosure of Silicon Sage Builder properties at 2149 Alum Rock Ave. in east San Jose, according to documents filed with Santa Clara County officials.Acharya and Silicon Sage Builders have fashioned a Bay Area real estate empire that appears to have crumbled...WW…

By | | Bay Area News GroupSAN JOSE — The collapse of Fry’s Electronics, which closed all of its stores this week, suddenly frees up 65 acres of real estate in prime locations.San Jose, Fremont, Concord, Campbell, Sunnyvale, and Palo Alto all contain former Fry’s Electronics store sites, some of them sitting on huge parcels.“These properties will help generate new buildings and new development,” said Dave Sandlin, an executive vice president with Colliers International, a commercial real estate firm.Tech campuses, housing, auto dealerships, research, manufacturing — almost anything other...…By | | Bay Area News GroupSAN JOSE — The collapse of Fry’s Electronics, which closed all of its stores this week, suddenly frees up 65 acres of real estate in prime locations.San Jose, Fremont, Concord, Campbell, Sunnyvale, and Palo Alto all contain former Fry’s Electronics store sites, some of them sitting on huge parcels.“These properties will help generate new buildings and new development,” said Dave Sandlin, an executive vice president with Colliers International, a commercial real estate firm.Tech campuses, housing, auto dealerships, research, manufacturing — almost anything other...WW…

Very preliminary site plan for affordable housing development at 1371 Kooser Road in San Jose, concept. Nearly 200 affordable homes could sprout on the site of a now-closed Chuck E. Cheese family restaurant in San Jose, according to very preliminary plans being reviewed by city planners.SAN JOSE — Nearly 200 affordable homes could sprout on the site of a now-closed Chuck E. Cheese family restaurant in San Jose, according to preliminary plans being reviewed by city planners.Affirmed Housing is planning a 100% affordable residential development on Kooser Road between Blossom Hill Road and...…Very preliminary site plan for affordable housing development at 1371 Kooser Road in San Jose, concept. Nearly 200 affordable homes could sprout on the site of a now-closed Chuck E. Cheese family restaurant in San Jose, according to very preliminary plans being reviewed by city planners.SAN JOSE — Nearly 200 affordable homes could sprout on the site of a now-closed Chuck E. Cheese family restaurant in San Jose, according to preliminary plans being reviewed by city planners.Affirmed Housing is planning a 100% affordable residential development on Kooser Road between Blossom Hill Road and...WW…

By | | Bay Area News GroupSeveral top PG&E executives harvested hefty increases in their pay during 2020, a year in which the company emerged from bankruptcy and caused a fatal wildfire in Shasta County, a regulatory filing on Thursday shows.William Smith, who was interim PG&E chief executive officer during 2020, captured $6.17 million in pay, as measured by his total direct compensation, according to a company filing with the Securities and Exchange Commission. Smith took over as interim — and temporary — CEO in June 2020.In January 2021, Patti Poppe took over the CEO post at...…By | | Bay Area News GroupSeveral top PG&E executives harvested hefty increases in their pay during 2020, a year in which the company emerged from bankruptcy and caused a fatal wildfire in Shasta County, a regulatory filing on Thursday shows.William Smith, who was interim PG&E chief executive officer during 2020, captured $6.17 million in pay, as measured by his total direct compensation, according to a company filing with the Securities and Exchange Commission. Smith took over as interim — and temporary — CEO in June 2020.In January 2021, Patti Poppe took over the CEO post at...WW…