Bay Area Council Blog: Press Releases Archive


Press Release: Bay Area Council and USC Announce 2010 Ross Program in Real Estate

Today, the Bay Area Council and the University of Southern California (USC) announced the launch of the 2010 Ross Program in Real Estate.  The Ross Program is a comprehensive educational program designed to help participants gain technical expertise and expand their understanding of real estate development and investment, while building the networks necessary to succeed in urban renewal.  The nine-day program will be held between November 11 and December 4.

“The Ross Program is designed for people who want to break in to the fields of real estate, development, and investment but don’t know where to get started,” said Jim Wunderman, President & CEO of the Bay Area Council.  “After going through the program and receiving instruction and mentoring from some of the Bay Area’s brightest minds and most successful executives, participants will have the knowledge and connections to succeed at the next level.”

Courses are taught by faculty from the USC Lusk Center for Real Estate, Marshall School of Business, School of Policy Planning and Development, as well as local industry experts and professionals from the Bay Area. Through the USC Lusk Center for Real Estate, the Ross Program in Real Estate has trained over 600 participants who have played key roles in significant commercial, mixed-use, and housing developments throughout the nation.

“The Ross Program was my ticket to the fast lane,” said Vince Gibbs, 2008 program participant and City of Oakland Planning Commissioner.

“The Ross Program provides critical real estate skills for future leaders who will shape exciting, new and adaptive re-use projects throughout the Bay Area,” said Ginger Bryant, CFO, Sares Regis Group.

The Ross curriculum combines education and practical application in topics such as:
• Real Estate Finance – Investment and Development
• Public Private Partnerships
• Opportunities and Challenges in Sustainable Development
• Bay Area Community Development Challenges and Successes

Past lecturers and speakers have included:
Kofi Bonner, Executive Vice President, Lennar Corporation • Carol Galante, Deputy Assistant Secretary, HUD • Jeff Heller, President, Heller Manus Architects • Linda Mandolini, Executive Director, Eden Housing • Fred Blackwell, Executive Director, San Francisco Redevelopment Agency • Tom Sullivan, Managing Partner, Wilson Meany Sullivan • Michael Covarrubias, Chairman & CEO, TMG Partners

Ross Program alumni are currently employed at:
Charles Schwab, Urban Habitat, Eden Housing Inc., Contra Costa County Redevelopment Agency, Morrison & Foerster, San Francisco Housing Development Corporation, Perkins + Will, Pacific Union Real Estate

A pdf overview of the program can be downloaded at:

Info Session
August 24, 2010
6 PM to 8 PM
Bay Area Council
201 California Street, Fl 14
San Francisco, CA 94111

Info Session
September 2, 2010
12 PM to 1:30 PM
Bay Area Council
201 California Street, Fl 14
San Francisco, CA 94111

Info Session
September 21, 2010
6 PM to 8 PM
Bay Area Council
201 California Street, Fl 14
San Francisco, CA 94111
(Connie Moore, President & CEO of BRE Properties to speak)

Info Session
October 5, 2010
11 AM to 12:30 PM
Bay Area Council
201 California Street, Fl 14
San Francisco, CA 94111

All interested individuals can RSVP for an info session by e-mailing Bianca Flores,

PDF Press Release


Press Release: Bay Area Council to Hold Forum on AB32 this Afternoon

The Bay Area Council is conducting a forum on AB 32, California’s Global Warming Solutions Act of 2006, today, Thursday, July 22 at 4pm.  Supporters and opponents of AB 32 will present their arguments, and Proposition 23, the ballot measure to repeal AB 32, will be discussed at length.  Leaders from business, academia, environmental groups and politics will be voicing their opinions on AB 32.

“With Proposition 23 on the ballot this November, the stakes are high for California,” said Jim Wunderman, President & CEO of the Bay Area Council.  “This forum will be a lively discussion about AB 32’s impact on the economy, jobs and climate change.”

WHO: Jim Wunderman, President & CEO, Bay Area Council

Professor W. Michael Haneman, Chancellor’s Professor, Department of Agricultural &   Resource Economics, University of California at Berkeley

Aaron Singer, Managing General Partner, Pacific Carbon Exchange

Dave Fogarty, Yes on Proposition 23 campaign

Donald Simon, Attorney, Green Business Practice, Wendell Rosen Black & Dean, LLP

WHAT: Forum discussing AB 32 and Proposition 23, with supporters and opponents presenting                           arguments.

WHERE: Wendel Rosen Black & Dean, LLP
1111 Broadway
19th Floor
Oakland, CA 94607
(Office is located near 12th Street/Oakland City Center BART station)

WHEN: 4pm – 6pm
Thursday, July 22, 2010###

*** All media planning to attend should RSVP to, (415) 946-8725 ***

PDF Press Release


Press Release: Bay Area Council Economic Institute Releases America’s Cup Economic Impact Study

Today, the Bay Area Council Economic Institute (BACEI) and Beacon Economics released a study outlining the economic impacts if San Francisco is named host of the 34th America’s Cup race.  The report, entitled “The America’s Cup: Economic Impacts of a Match on San Francisco Bay,” specifically outlines the economic impact the America’s Cup would have on the Bay Area, the State of California and the entire country if San Francisco is chosen as the host city of the next competition.  The America’s Cup is the world’s third-largest sporting competition after the Olympics and soccer’s World Cup.

The report, which was commissioned by the City and County of San Francisco, found that the increase in overall economic activity in San Francisco hosting the 34th America’s Cup could be on the order of $1.4 billion, almost three times the estimated impact of hosting the Super Bowl ($300-$500 million).  The potential increase in employment surrounding the event could be on the order of 8,840 jobs.

“Bringing the 34th America’s Cup to San Francisco Bay would be a huge boon for the Bay Area economy,” said Bay Area Council Economic Institute President & CEO Sean Randolph. “The America’s Cup could easily help jumpstart the economy by generating over a billion dollars in revenue and thousands of jobs for the Bay Area. The spillover effect for the region could be substantial.”

Additional highlights from “The America’s Cup: Economic Impacts of a Match on San Francisco Bay” include:

  • The economic benefits of bringing the America’s Cup to San Francisco would come primarily through expenditures by racing syndicates, and through spending on hotels, restaurants, and retail and other services by the 2.6 million spectators estimated to attend the race.
  • The economic benefits of the race will extend to the greater Bay Area, particularly the neighboring counties of Napa, Sonoma, Marin, and Alameda through related visitor and maritime activity.
  • The increase in output and employment would likely yield a benefit to state and local government coffers of nearly $85 million.
  • Looking beyond the Bay Area, the U.S. economy as a whole would see increased economic activity of $1.9 billion and the creation of 11,978 jobs.
  • A local successful defense of the America’s Cup will likely lead to additional such events in the future.  San Diego, for example, was the host to three successive America’s Cups, in 1988, 1992, and 1995.

“Securing hosting rights to the America’s Cup is a prestigious and economically significant prize for any community,” said Mayor Newsom. “I am committed to the defense of the America’s Cup in San Francisco.”

“This is an incredible opportunity that will put San Francisco on the world stage while benefiting Bay Area companies and residents,” said Jim Wunderman, President & CEO of the Bay Area Council.  “Investment in development and infrastructure now will help to grow the region’s economy for many years to come.”

Please visit to access the full report.

The report was funded by donations from Catholic Healthcare West, Clear Channel Outdoor, Hathaway Dinwiddie Construction, Port of San Francisco, Recology, San Francisco International Airport/San Francisco Convention & Visitors Bureau, San Francisco Chamber of Commerce, United Airlines, and URS Corporation.

Download the Report

PDF Press Release


Press Release: Bay Area Council Statement on the Federal Government’s New “Perfect Citizen” Cyber Security Program

Last week, the federal government announced that it is launching an expansive program dubbed “Perfect Citizen” to detect cyber assaults on private companies and government agencies running critical infrastructure such as the electricity grid and nuclear-power plants.  The program will deploy a set of sensors in the computer networks of America’s most critical infrastructure sites, which would be triggered by unusual activity suggesting an impending cyber attack. The program will be spearheaded by the National Security Agency (NSA), the government’s chief eavesdropping agency.

The Bay Area Council has worked over the past year to create policies to address the ever increasing risk and cost of cyber attacks.  In addition, the Council formed a Cyber Security Committee – consisting mainly of CIO and CISO-level professionals from our member companies – that takes policy priorities to elected-officials in Washington and Sacramento.

In a May 2009 speech, President Obama said that cyber attacks have cost Americans $8 billion in the last two years.

In response to last week’s announcement, Bay Area Council President & CEO Jim Wunderman made the following statement regarding the new federal program:

“Cyber attacks pose a very real and very expensive threat to our government, businesses and economy.  Last week’s announcement by the federal government is a step in the right direction to heighten awareness of this important topic.  As the United States relies more and more on the internet and broadband technology, we need to do everything in our power to prevent hackers and cyber-terrorists from gaining access to our critical infrastructure.  However, the Bay Area Council believes it is imperative that the business community is included in the creation of new policies.  With all of the expertise and resources that our tech community has to offer, this issue requires us to work together to collaboratively craft a solution that protects our nation and economy.”

PDF Press Release