Bay Area Council Blog: Membership Archive

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SF Mayor Breed Addresses Council Members at Annual Meeting

It was a double-header at the 2018 Annual Members Meeting this week (Aug. 27) as Bay Area Council members gathered at AT&T Park to hear from keynote speaker San Francisco Mayor London Breed and later fielded fly balls during batting practice. Council Chair and Kaiser Permanente Chairman and CEO Bernard J. Tyson welcomed Mayor Breed, reflected on the Council’s many accomplishment during his first year as Chair and outlined his vision for the final year of his term. Breed, the city’s first African American female mayor, shared her vision and plans for the city. Homelessness, building more housing, improving our transportation systems, and youth employment programming were among the top issue areas she highlighted.

Mayor Breed emphasized the importance of regional solutions to these challenges and the need to work collaboratively with the other big city mayors. Following the meeting, members enjoyed a private reception in “Triples Alley” as they watched the Giants batting practice from the field before cheering them on as they defeated the Arizona Diamondbacks. Special thanks to Giants CEO and Bay Area Council Executive Committee member Larry Baer for hosting. Thanks also to all of our members, whose support and engagement are the lifeblood of the Bay Area Council.

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Member Spotlight: UC Merced Celebrates Completion of First Phase of ‘2020 Project’

The University of California, Merced — the newest campus in the 10-school University of California system — last week unveiled the first three structures arising from its unprecedented expansion effort, the Merced 2020 Project. The $1.3 billion plan, once completed, will add a total of 13 buildings and 1.2 million gross square feet of teaching, research, residential, and student-support facilities to accommodate up to 10,000 students.

The centerpiece of the project, and the site of last week’s unveiling, is the Pavilion – an iconic 600-seat dining facility overlooking Little Lake. The Pavilion is complemented by two new residence halls that have been strategically designed to form a pedestrian-friendly corridor that blends housing with classrooms, study lounges, and student activities.

“The capacity we are building right now will enable our future,” said UC Merced Chancellor Dorothy Leland, a member of the Bay Area Council’s Board of Directors. “We will provide world-class education to more of the best and brightest students from California and beyond. We will grow our faculty thoughtfully and strategically to have the greatest possible impact in our areas of research excellence. We will become a powerhouse of innovation and transformation for the San Joaquin Valley.”

UC Merced is leveraging the power of public private partnerships (P3) to realize its Merced 2020 vision, and the Bay Area Council’s Economic Institute has provided ongoing research that has served as foundation for the university’s P3 approach.

The UC Merced campus first opened its doors in 2005 to a class of 875 students. Designed as a gateway to a world-class University of California education in a region that has long been underserved, UC Merced is now the fastest-growing public university in the nation, and boasts a student population of nearly 8,000. The university excels in cognitive science, unmanned aircraft research and biological engineering studies, and its proximity to Yosemite National Park provides opportunities for student leadership development and environmental research. It remains the only campus to host a research station in the park.

“We believe in the power of education to change lives and change the world for the better,” UC President Janet Napolitano said. “There is no better example of that than UC Merced, and this step marks a new chapter in the expansion of that opportunity.”

Developed by Plenary Properties Merced and constructed by Webcor Builders — comprising a world-class team of architects, planners, engineers, and construction professionals — the 2020 Project is the largest public-private partnership of its kind in the U.S. higher education sector. Earlier this month, the project was featured prominently in the Bay Area Council Economic Institute’s report, “Public-Private Partnerships in California.”

“We are well on our way to meeting our delivery and sustainability goals for the UC Merced 2020 Project, and this milestone marks a tremendous occasion for the university and our PPM team,” said Dale Bonner, Executive Chairman of Plenary Concessions. “We are incredibly proud to see this project setting the standard for P3 partnerships in the higher education sector.”

In keeping with UC Merced’s ambitious sustainability objectives, each building will achieve at least LEED Gold certification for energy efficiency. This groundbreaking undertaking serves as a model for expanding public research universities to meet 21st-century challenges, and is the first — and, to date, only — $1 billion social infrastructure public-private partnership project in the U.S.

The unique partnership has garnered numerous awards and recognition from across the country, including being named Social Infrastructure Project of the year at last year’s P3 Awards. The agreement provides UC Merced with contractual assurance that the buildings will be well-maintained for decades. With 600 employees on site every day, the project is expected to generate a total of $1.9 billion in regional economic impact and $2.4 billion in statewide impact through its completion.

“This momentous milestone for UC Merced brings to light the unwavering efforts of the design-build team and the success and innovation a true P3 partnership can bring,” Webcor President and CEO Jes Pedersen said. “This project is also a great example of how Webcor seeks to improve communities and local economies. We’ve made it our mission to utilize the regional subcontracting community, provide education and on-the-job training for UC Merced students, and assist local nonprofits with various projects and support throughout the region.”

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Breakfast with Ravi Shankar Prasad

The California Business Roundtable, California Chamber of Commerce, Bay Area Council, DLA Piper, and The Westly Group, in partnership with NASSCOM, the industry association supporting the $154 billion IT industry in India, cordially invite you to an exclusive reception and presentation honoring the esteemed

Mr. Ravi Shankar Prasad
Union Minister for Electronics & IT, Law & Justice
Government of India

Union Minister Prasad will join us to discuss his vision for a Digital India and long-term partnership opportunities with American and California-based companies looking to help the Government of India with its vision to bring better access to digital technology to its citizens.

Monday, August 27, 2018

DLA Piper
555 Mission Street, 24th Floor
San Francisco, CA

9:15-10:45 AM—Breakfast Reception & Presentation
For security purposes, please plan to arrive no later than 9:00AM

There is limited space for this exclusive event, so please RSVP at your earliest convenience to Cadee Condit at (209) 756-1202 or cadeepcondit@outlook.com.

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Bay Area Cities Approve, Deny New Taxes on Business

A number of cities across the Bay Area have been pursuing initiatives to increase taxes on businesses with stated goals of generating revenue amid mounting housing affordability, transportation, and homelessness crises. This week, the City Councils of Mountain View and East Palo Alto passed measures going on November 2018 ballots to place a head tax and parcel tax, respectively, on businesses meeting certain parameters. Meanwhile, San Francisco and Cupertino withdrew their measures to increase business taxes following collaboration with affected companies.  In San Francisco, Supervisor Aaron Peskin replaced his ballot measure to tax gross receipts of ride-hailing and autonomous vehicle companies with a per-ride fee that will be introduced through state legislation. Cupertino agreed to delay consideration of a head tax measure until 2020 after more thorough planning is completed.

The Bay Area Council shares the concerns of these cities to find solutions to our region’s problems. However, we are concerned that in an attempt to be seen as taking action on a timely issue, cities are increasingly turning to taxing businesses without sufficient analysis or stakeholder engagement. Without a thoughtful process, cities risk reducing employment and wage growth, affecting employees and constraining the region’s economic success. The Bay Area’s housing and transportation problems are regional in nature and a myriad of heavy-handed taxes on businesses across multiple cities discourages the potential for a coordinated, regional strategy needed to solve these major challenges. The Bay Area Council has written letters and testified at numerous City Council meetings on these issues, and has offered to partner with City Councilmembers and their staff to assist with their analysis. We are encouraged by the actions of San Francisco and Cupertino to work with affected companies and take the time to analyze the impact of the proposed taxes before sending measures to voters for approval.

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73rd Annual Dinner & Business Hall of Fame to Honor Business and Philanthropic Titans

Mark your calendar for the Bay Area Council’s signature celebration of the region’s top business, civic and community leadership. The 73rd Annual Dinner & Business Hall of Fame Awards presented by Alaska Airlines will honor phenomenal business and philanthropic titans with induction into the Bay Area Business Hall of Fame. Golden State Warriors owners Joe Lacob and Peter Guber are the driving forces behind this NBA championship juggernaut. Under their leadership, the team is enjoying the most successful run in its history. Peter Magowan served for 16 seasons as the San Francisco Giants’ President and Managing General Partner and was instrumental in keeping the team rooted in the Bay Area and ensuring their continued success through the development of a world-class ballpark. Retail giant, The Magnin Family, is one of San Francisco’s most iconic and we’re thrilled to have Ellen Magnin Newman accept the honor on behalf of her family. Make your sponsorship reservation today!

Become a sponsor>>

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Member Spotlight: Siebert’s Gary Hall Appointed Chair of National Securities Oversight Board

The Bay Area Council congratulates Executive Committee member Gary Hall for his appointment as Chair of the Municipal Securities Rulemaking Board (MSRB). He is the first African-American to chair the MSRB Board of Directors, which serves as the principal regulator of the nation’s municipal securities market. Hall is Senior Managing Director, National Head of Investment Banking and equity partner at Siebert Cisneros Shank & Co., the largest minority-owned municipal finance and underwriting firm. At Siebert, Hall is responsible for managing all bankers and leading the firm’s execution strategy for business development with municipal bond underwriting, origination and financial advisory services nationwide.

Read the press release>>

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Member Spotlight: Landed

Founded in 2015 by Stanford Business School alumni facing the uncertainty of being able to afford to buy a home in the Bay Area themselves, Landed seeks to help essential professionals build financial security in the communities they serve. In the last two years, Landed has partnered with more than 50 public school districts across the Bay Area, Los Angeles, and Denver to offer an innovative shared equity down payment assistance program. Educators receive up to $120,000 towards the down payment on a home in exchange for sharing in the future appreciation in the home’s value at sale or refinance.

Earlier this year, Landed launched Landed Housing Solutions (LHS) to help employers – companies, nonprofits, and municipalities – create and manage their own shared equity down payment programs. In May, LHS launched its first university partnership with Santa Clara University to help their faculty buy homes near campus. These custom housing programs allow employers to invest directly in the homes of employees, sharing in the long-term gain of the properties, without the support being taxed as income. Employers interested in exploring home ownership programs for their employees can contact partnerships@lhs.landed.com for more information.

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Voters to Decide on Housing at Brisbane Baylands

The Bay Area would add 2,200 units of badly needed housing at an idle former industrial property located near transit under a proposal the Brisbane City Council approved this week that voters will now decide. The decision was a victory for the Bay Area Council and other groups that for years have been advocating for including housing as part of an overall project that would include 7 million square feet of commercial office space and significant open space and recreational amenities. The city previously had said it wouldn’t allow any housing on the 684-acre site, a position that drew strong condemnation from many housing advocates as the region confronts an epic housing shortage and affordability crisis. Whether voters in the small city will agree to add housing that would about double the size of Brisbane remains to be seen. UPC General Manager and Director of Development Jonathan Scharfman said “we are encouraged by Brisbane’s courageous decision to double the housing stock in their city.”

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Careers Take Flight at Working@SJC

Amid San Jose’s warm and sunny weather Tuesday afternoon, roughly 70 job seekers, educators, and talent trainers on Tuesday (July 17) attended Working@SJC at Mineta San Jose International Airport (SJC) – an aviation career fair the Bay Area Council co-hosted with Alaska Airlines and SJC. The event attracted a wide array of job seekers ranging from aviation students and recent-college graduates to adults looking for new opportunities to transfer their skills.

Employers in attendance included Alaska Airlines, McGee Air Services, SJC, TSA and airport concessionaries, providing job seekers with a taste of the wide variety of career opportunities available at the airport and across the aviation industry. Attendees also had the unique chance to hear remarks from aviation trailblazers such as Secretary Norman Y. Mineta (via a recorded video), Alaska Airlines Regional Vice President Marilyn Romano and SJC’s Assistant Director of Aviation Judy Ross among other representatives from British Airways, Hainan, LinkedIn, and the FAA.

Tuesday’s event continues the Workforce of the Future’s efforts to connect local talent, regional educators and employers together to build and strengthen sustainable career pathways. For more information on how to get involved with the Workforce of the Future’s initiatives, contact Senior Vice President, Policy, Linda Bidrossian.

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KEVIN DURANT HELPS COUNCIL WELCOME ALASKA AIRLINES CEO BRAD TILDEN TO BAY AREA

It was a star power celebration Thursday as the Bay Area Council joined with member company Alaska Airlines to co-host a reception for Alaska Airlines CEO Brad Tilden and his executive team to highlight the airline’s almost 40 years in the Bay Area. Golden State Warriors forward Kevin Durant also joined the festivities, sending ecstatic guests into selfie clamoring mode with the newly minted NBA Finals MVP. In a gorgeous setting atop of the Commonwealth Club’s rooftop deck at their newly built headquarters, more than 200 VIPs were treated to a lively and fun fireside chat with Tilden, Council CEO Jim Wunderman and Alaska Airlines President and COO Ben Minicucci. Tilden talked about the importance of community investment and growing a diverse workforce, and he highlighted the more than $1 million Alaska Airlines Group has contributed to almost 70 community organizations across the region in the past year.

Tilden has served as Chairman and CEO since 2012 and is a 25-year veteran of Alaska Air Group, the parent company of Alaska Airlines, Horizon Air and Virgin America. The combined airlines have over 20,000 employees, 285 aircraft and fly to more than 115 destinations throughout the United States, Canada, Mexico and Costa Rica. Under the leadership of Tilden and his team, Alaska Airlines is now the fifth largest airline in the U.S.

Durant wasn’t the only local sports celebrity in attendance donning a championship ring. San Francisco Giants CEO and Council Executive Committee member Larry Baer dropped by and brought his team’s three World Series Championship trophies.

Click to see photos from the event>>