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News and thoughts from our staff

 
Program provides mentoring services for new ventures in Morgan Hill

Program provides mentoring services for new ventures in Morgan Hill

By Brittney Sherman

The City of Morgan Hill has launched a new partnership with the Renaissance Entrepreneurship Center and the Morgan Hill Unified School District to provide tailored mentoring, workshops, and business training—available in both English and Spanish—for aspiring and current entrepreneurs. This initiative, part of the City’s ELEVATE Morgan Hill program, aims to promote economic opportunity and upward mobility, especially for the Spanish-speaking community.

Read more HERE!

 
Bay Area housing market in 2025 shows no signs of slowing as economy fears surge

Bay Area housing market in 2025 shows no signs of slowing as economy fears surge

By Brittney Sherman

Despite national economic turmoil and a spike in market volatility, the Bay Area’s housing market remained strong in early 2025, driven by the AI boom. Homes sold quickly and above asking price, though most deals were finalized before recent economic instability took hold.

By April, listings rose unevenly across the region. San Francisco saw a modest 7% year-over-year increase, while the Inner East Bay saw listings surge 48% — the highest April level in four years.

Read More HERE!

 
San Jose transit agency mulls over regional sales tax

San Jose transit agency mulls over regional sales tax

By Brittney Sherman

At a VTA board meeting on Thursday May 1st, confusion and disagreement stalled any decision on whether to support a regional or county-specific approach to a proposed transit tax under Senate Bill 63. The bill, introduced by state Senators Scott Wiener and Jesse Arreguin, would allow transit agencies or voters to propose a sales tax for the November 2026 ballot to fund Bay Area transit systems. While the bill currently lists four transit agencies as potential beneficiaries, VTA is not among them.

The board heard a presentation on the bill but was caught off guard when VTA management unexpectedly asked for a formal stance via letter to the bill’s authors during the meeting—despite the item being presented as informational only. San Jose Mayor and VTA Vice Chair Matt Mahan advised against rushing a decision, cautioning the board not to give up negotiating power too soon. Santa Clara County Supervisor Sylvia Arenas expressed concern over the lack of transparency and short notice.

Read more HERE!

 
Caltrain ridership gets big uptick since electric trains introduced

Caltrain ridership gets big uptick since electric trains introduced

By Brittney Sherman

Caltrain’s new electric trains are bringing riders back, reversing the pandemic-era decline in commuters. UCSF researcher Ruchi Malik, who previously reduced her trips due to safety concerns and remote work, now rides more frequently, citing improved reliability and on-time performance. Since launching fully electric service between San Francisco and San Jose in September, Caltrain has seen a 41% increase in ridership compared to the same period in 2023—rising from 416,000 to 588,000 riders in the first three months. Executive Director Michelle Bouchard said the modern, efficient service is attracting those tired of highway gridlock and showcasing “the future of travel.”

Read more HERE!

 
Group led by Shoe Palace CEO buys big South Bay advanced tech building

Group led by Shoe Palace CEO buys big South Bay advanced tech building

By Brittney Sherman

A large advanced manufacturing facility in Morgan Hill was purchased for $22 million—more than 50% below its 2022 price—by a group led by Shoe Palace CEO George Mersho. The property at 755 Jarvis Avenue was previously owned by a Westbrook Partners affiliate. CBRE brokers Chip Sutherland and Brian Matteoni arranged the deal, part of a broader trend of discounted commercial property sales in the Bay Area.

Read more HERE

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