Redevelopment of Diridon Station could cost between $3-$10 billion

Redevelopment of Diridon Station could cost between - billion

With new cost estimates projected at $3 billion to $10 billion to transform Diridon Station into a “world-class” transit hub, a joint advisory committee with representatives from four transit agencies and the City of San Jose has narrowed its vision for the area to two concepts ahead of a public campaign to gain support for … Read more

City Council approves major urban village development in North San Jose

City Council approves major urban village development in North San Jose

San Jose has given the green light to a major housing development that promises to transform Japanese-American farmland into a sprawling mixed-use urban village while paying homage to its history. The City Council has approved development permits and the rezoning of 22.88 acres at the intersection of Seely Avenue and Montague Expressway for The Hanover … Read more

Billionaires’ utopia company California Forever scraps plan for ballot initiative in wake of damning report

Billionaires’ utopia company California Forever scraps plan for ballot initiative in wake of damning report

Days after a Solano County report slammed a plan backed by Silicon Valley billionaires to build a utopian new city from scratch near Fairfield, the company behind the “California Forever” project has scrapped the ballot initiative it was to put to county voters in November. The report released late last week by Solano County said … Read more

Supreme Court ruling may give developers more power to fight impact fees

Supreme Court ruling may give developers more power to fight impact fees

Jonathon Yu is not a professional developer, but he is interested in building new housing. In 2023, the 29-year-old product manager submitted plans to Sunnyvale to raze the modest 1,000-square-foot bungalow he bought a year earlier and replace it with a three-story, five-unit multifamily building. He paid a few thousand dollars for an architect to … Read more

The Bay Area’s building boom has come to an end

The Bay Area’s building boom has come to an end

This summer, developer Andy Ball expects to finish construction on a 19-story tower in downtown Oakland. If he had it his way, he’d also be breaking ground on two other buildings nearby — a 27-story apartment complex just next door and a mid-rise on Piedmont Avenue. But as it happens, this project could be his … Read more

5 charts that show what is being built — and where

5 charts that show what is being built — and where

Following two years of steady growth, housing construction across the Bay Area dipped in 2023, as developers reckoned with the increased costs of borrowing, labor and building materials. Permits in the five-county Bay Area were down last year, dropping 10% to 16,535 from 18,457 the year prior, according to data from California’s housing department. Here … Read more

30% of global GDP growth will come from India between 2035-2040: Amitabh Kant

30% of global GDP growth will come from India between 2035-2040: Amitabh Kant

Lauding India’s structural reforms, Amitabh Kant, India’s G20 Sherpa and former Niti Aayog chief, said such reforms have moved the country from the fragile 5 to the top 5, leading to a growth rate of about 8.4% in the last 3 quarters. “Analysts are correct in saying that 30% of the global GDP growth will … Read more

Government to work with private sector for development journey: Finance minister Sitharaman

Government to work with private sector for development journey: Finance minister Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Friday pitched for higher investment in manufacturing, while seeking to position India as an economy with encouraging growth prospects and a large market.While sounding confident of BJP’s return to office, she said govt will work with the private sector to drive India’s development journey.“Much against the advice given … Read more

Richmond council says ‘our hands are tied’ over pickleball at historic Craneway Pavilion

Richmond council says ‘our hands are tied’ over pickleball at historic Craneway Pavilion

RICHMOND — Days after Richmond residents protested the grand opening of pickleball courts at the privately-operated Craneway Pavilion, city officials say there’s little they can do to stop it because of a bad deal signed two decades ago. Pickleball courts now cover much of the historic structure’s 45,000-square-foot indoor space, completing the vision Orton Development, … Read more