Bay Area Council Blog

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WHO ARE THE BAY AREA’S MOST ADMIRED CEOS?

The Bay Area Council is proud to partner with member San Francisco Business Times on one of the largest and most highly anticipated CEO award programs in the Bay Area. The San Francisco Business Times’ 2017 Most Admired CEO Awards, which will be held Wednesday, November 15 beginning at 5:30pm at The St. Regis San Francisco, will recognize outstanding CEOs at this prestigious event honoring great leadership, vision and values. Join us in celebrating some of our region’s most esteemed business leaders, including Bay Area Council Executive Committee members Benno Dorer, Chairman and CEO The Clorox Company; Jes Pedersen, President and CEO of Webcor Builders; Clint Reilly, President and Chairman of Clinton Reilly Holdings; and Anthony F. Earley Jr., Executive Chairman of PG&E Corporation, who will be honored with the Lifetime Achievement Award. Click here to see who are the Bay Area’s most-admired CEOs and to purchase tickets>>

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Regional Coalition Submits Bid for Amazon HQ2

Leveraging a highly skilled and educated talent pool, a renowned innovation culture unmatched in the world and a slew of large transit-rich development sites located near top universities and airports, a Bay Area Council-led coalition of cities including Concord, Fremont, Oakland, Richmond and San Francisco today (Oct. 19) submitted a proposal to bring Amazon’s second corporate headquarters to the Bay Area. The Bay Area Council worked with the cities and other partners to coordinate the development of the bid.

“The Bay Area offers the whole package and is a natural and perfect fit for an innovation leader like Amazon,” said Jim Wunderman, President and CEO of the Bay Area Council. “We are the world’s innovation capitol. We offer top talent, top universities and large development sites connected by a rich network of mass transit and other transportation systems. Our competitive advantages are unparalleled, including our strong connections to the huge Asia-Pacific region.”

The coalition of cities working with the Bay Area Council has identified numerous sites which together offer Amazon an unmatched level of flexibility to create a world-class headquarters that embraces new models of dispersed but highly connected workplaces.

Read the Bay Area Amazon HQ2 proposal>>

The proposal includes more than 60 million square feet of high-quality office and research and development space, far exceeding Amazon’s requirement for up to 8 million square feet needed to house 50,000 workers. All of the sites provide seamless connections to robust transportation and mass transit networks, including BART and a fast-growing ferry system, and easy access to both regional and international airports.

Among the sites featured in the proposal are the Concord Naval Weapons Station in Concord, Coliseum City and numerous downtown locations in Oakland, the Warm Springs Innovation District in Fremont, SF Shipyard in San Francisco and the Richmond Field Station and Hilltop Mall in Richmond. All the cities are served by BART, which is undergoing a massive upgrade to expand its capacity and speed in the coming years, as well as by nearby international and regional airports and freeways. The proposal includes a combined 45,000 units of new housing that cities envision being built in the coming years.

“We are extremely confident that steps we are taking now as a region to improve our housing and transportation infrastructure will address Amazon’s needs for its workforce and future growth,” Wunderman said. “Our housing production has increased three fold in just the past six years and numerous residential development sites throughout the region envision adding tens of thousands of more units in the next five to 10 years.”

Amazon already knows the value of being located in the Bay Area, with current operations occupying more than 3 million square feet around the region.

A major draw for tech employers like Amazon is the access to some of the world’s best talent. Not only does the Bay Area produce its own highly educated and highly skilled workforce from top tier universities and colleges like UC Berkeley, Stanford, UC Davis, UC San Francisco, California State University East Bay and St. Marys attracts the best and brightest workers from around the globe. More than 75 percent of the Bay Area population holds a bachelor’s degree or higher, with more than 40 percent of those coming from science and engineering-related fields.

The proposal also outlines a range of state and local tax credits and other incentives along with commitments to streamline permitting and environmental review and work with Amazon on various workforce training and similar programs.

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SAN FRANCISCO STATE TO HONOR COUNCIL’S JIM WUNDERMAN

The Bay Area Council’s own Jim Wunderman will be honored as San Francisco State University Alumnus of the Year at the 2017 President’s Dinner & Alumni Hall of Fame Celebration on Friday, November 3 from 6-9 p.m. at the Ritz Carlton in San Francisco. To attend and help celebrate Jim’s many contributions to SFSU and our region, please reserve a table or seat today.

Wunderman graduated from SFSU in 1984 with a degree in political science and for the past 12 years has led the Council through an unprecedented period of expansion. Wunderman, named one of the Top 100 movers and shakers in California politics that past two years, has led the Council’s efforts to advocate for billions of dollars in federal, state and regional funding for major transportation projects, solve the state’s housing crisis and positioned the Council as a thought-leader by expanding to Sacramento, overseeing offices in China, and partnering with the state to reopen the California-China Trade Office.

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REGIONAL HOUSING, TRANSPORTATION PLAN STARTING IN THE RED

An update to the Bay Area’s long-range regional housing and transportation planning roadmap, Plan Bay Area 2040 (PBA), has been finalized and we’ve got a lot of catching up to do. Since the first plan was approved in 2013, the region has produced just under half of the housing that was called for to keep pace with a healthy, growing economy. The Council argued during the first go-around that the housing targets badly underestimated the region’s need, so it’s likely the gap is even wider based on job and population growth. In addition to creating a massive affordability crisis, the shortfall undercuts the goal of PBA to reduce greenhouse gas emissions from vehicles by forcing residents on longer and longer polluting commutes in search of housing they can afford.

The regional planning agencies responsible for PBA have little authority to create housing themselves, but the Council is working to toughen state laws that compel cities to meet their housing obligations under the plan. Gov. Brown last week signed two bills by Sen. Nancy Skinner and supported by the Council that aim to do this. And, the Council is also working to encourage cities to adopt streamlining measures for granny or in-law units, also known as accessory dwelling units (ADU), under legislation we sponsored last year. Cities that have embraced the ADU streamlining measures have seen a dramatic surge in applications.

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TAKING NEW APPROACHES TO ADDRESSING REGION’S WORKFORCE NEEDS

Joined by leaders from industry, academia and philanthropy, the Bay Area Council’s Workforce of the Future Committee on Monday (Oct. 2) explored new approaches to addressing the burgeoning skills and talent gaps affecting employers’ bottom lines and workers’ livelihoods. AT&T California President and Council Executive Committee member Ken McNeely joined Mitchell Stevens, Director of Stanford University’s Center for Advanced Research through Online Learning, Don Howard, President and CEO of the Irvine Foundation, and Felix Ortiz, Founder, Chairman and CEO of Viridis Learning, for a discussion on the roles of employers, educators and job seekers in keeping up with our changing economy. The discussion also emphasized the need for interconnectedness and alignment between these entities, expanded career pathways and work-based learning opportunities, and funding of innovative efforts. Our thanks to Council member Salesforce for hosting the event.

Those in the room agreed that our region urgently needs to collaboratively implement solutions, such as industry-led partnerships with school districts, community colleges, and four-year universities, in order to see long-lasting outcomes and systems change. With the guidance of Bay Area Council members and thought leaders like those that participated in Monday’s meeting, the Workforce of the Future Committee is pursuing efforts like the Occupational Councils and the Bay Area Young Men of Color Employment Partnership to support systems change by aligning hiring needs with educational offerings, and addressing barriers to entry faced by specific historically underrepresented populations, respectively. To participate in the Workforce of the Future Committee, please contact Senior Vice President Linda Bidrossian.

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FIRST IMPORTANT STEP IN ADDRESSING CA HOUSING CRISIS

California took an important first step today in addressing its massive housing crisis when Gov. Jerry Brown signed a package of legislation aimed at providing new funding, streamlined local approvals and stronger enforcement of existing housing laws. Bay Area Council CEO Jim Wunderman joined Gov. Brown, legislators and housing advocates from around the state at a signing ceremony in San Francisco’s Hunter’s Point for 15 bills that included a handful for which the Council had advocated. SB 2 (Atkins) creates a $75 real estate transaction fee that is estimated to generate $250 million annually for affordable housing and SB 3 (Beall) authorizes a statewide $4 billion bond measure for housing that is expected to appear on the ballot in 2018. In addition, SB 166 (Skinner) and SB 167 (Skinner) add teeth to existing laws requiring cities to approve new housing. Much more remains to be done to open the pipeline of new housing the state so badly needs and the Council is already turning its attention to the next legislative session. With an annual shortfall of about 80,000 housing units on top of an estimated 2 million unit deficit, California has a long way to go before it closes the gap and begins to make a dent in its affordability problem.

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COUNCIL CHAIR BERNARD J. TYSON A NATIONAL VOICE ON BIPARTISAN HEALTHCARE FIX

The debate over the nation’s healthcare system continues to rage and Kaiser Permanente Chairman and CEO and Bay Area Council Chair Bernard J. Tyson is emerging as a strong national voice on the topic. Tyson was a key witness in testifying before Congress on the latest repeal effort and brought his views to a national television audience in offering analysis on what steps we need to take to stabilize healthcare markets. Tyson advocated for a bipartisan approach to addressing problems with the ACA that ensures access for all to healthcare and healthcare insurance, provides adequate cost-sharing provisions and allows flexibility for states.

Watch Tyson’s comments on ABC News>>

Watch Tyson’s testimony in Congress>>

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COUNCIL HEADLINES CHINA’S MAJOR INNOVATION WEEK PRESIDED OVER BY PREMIER LI KEQIANG

For over 10 years, the Bay Area Council has helped expand bilateral trade and investment between the Bay Area and the fast-emerging technology and innovation hub of Yangpu District in Shanghai, which is now the host city for China’s annual Mass Entrepreneurship and Innovation Week presided over by Chinese Premier Li Keqiang. And, last week, the Council led some of the region’s top clean energy innovators to participate in the major summit, including California Clean Energy Fund and startup incubator 500 Startups, where delegation members spoke at the week’s headline conference. In his keynote address at the Sino-US Green Innovation Forum, Council CEO Jim Wunderman highlighted the role the Bay Area plays in propelling the Yangtze Delta Region to a knowledge-based, hi-tech economy. In partnership with the Yangpu District’s government, the Council has helped over 50 Californian companies grow their presence in the Asian market.

Also this month a delegation of Bay Area life science companies and researchers traveled to China to explore business development and expansion opportunities. Organizations such as BIOCOM and Twist Bioscience expressed the unique benefits and opportunities that come with working in China – a process simplified by the Council’s China Initiative platform. Ongoing projects such as the Council’s Global Innovation Center in Nanjing and partnership work in Hangzhou will continue to expand economic opportunities between California and the Yangtze Delta Region as it continues to transform its industrial economy into a globally competitive, innovation hub. To engage in our China initiative, please contact Chief of Global Business Development Del Christensen.

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NEW POLL HIGHLIGHTS URGENCY FOR HOUSING SOLUTIONS

Results of a new statewide poll gave added urgency to the Bay Area Council’s efforts in securing Gov. Jerry Brown’s signature on legislation to address California’s epic housing crisis. The survey by UC Berkeley’s Institute of Governmental Studies found that 25 percent of voters are considering leaving California because of skyrocketing rents and home prices fueled by a massive housing shortage. The poll found that 92 percent of Bay Area voters think that housing affordability is a serious problem, exceeding the 84 percent level statewide. Council CEO Jim Wunderman was a featured guest on KQED Forum on Thursday to talk about the Berkeley poll results and the solutions on which the Council is focused.

The Council is urging Gov. Brown to sign SB 2 (Atkins) and SB 3 (Beall), which would authorize a statewide vote in 2018 on a $4 billion bond measure for affordable housing and a $75 real estate transaction fee to support local housing, respectively. The Council also is urging the Governor’s signature on two bills by Sen. Nancy Skinner (SB 166 and SB 167) that add teeth to existing laws requiring cities to approve housing.

Listen to the KQED Forum segment with Jim Wunderman>>

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COUNCIL WELCOMES BEIJING MAYOR, SIGNS MOU EXPANDING ECONOMIC COOPERATION

The Bay Area Council this week was honored to welcome Beijing Mayor Chen Jining to the Bay Area as he attended a ceremony for the signing of a memorandum of understanding (MOU) that takes a step forward for a possible new Council office in China’s capital city. The visit by Mayor Chen, former President of prestigious Tsinghua University and Chinese Minister of Environmental Protection, and a delegation of top level Chinese economic and innovation officials highlighted the Council’s deep and growing relationships in China as we work to expand bilateral trade and investment. The MOU between the Council, world-famous Zhongguancun Science Park, which serves as Chinese headquarters for such U.S. companies as Google, Oracle and Intel, and Council of Industry and Technology Alliances in Z-Park marked a significant step forward in our work to expand economic connections with Beijing. The MOU calls for exploring the creation of a new think tank, developing a research and development platform and establishing branch offices both here and in Beijing. Council CEO Jim Wunderman joined Wang Chengwen, Vice Chairman of the Council of Industry and Technology Alliances in Z-Park, and Zhai Lixin, Director General of the Administrative Committee of Zhongguancun Science Park, in signing the MOU. To engage in our China initiative, please contact Chief of Global Business Development Del Christensen.