The Bay Area Real Estate Blog

I've been waiting a while to post something about the possible new ballpark that would arrive in San Jose next to the San Jose Diridon Transit Station in Downtown.  I think that the Silicon Valley Leadership Group has summed it up great below.  If this actually happens, the surrounding area is going to be a great redevelopment area and will employ thousands of people in all sectors.  If you have any questions, let me know and I can connect you with the Project Managers at the SVLG.

-Josh  jburroughs@barryswensonbuilder.com

CREDIT: Silicon Valley Leadership Group 

Silicon Valley Leadership Group endorses San Jose’s effort to bring a privately built baseball stadium in downtown San Jose

Board of directors vote was unanimous

San Jose – March 11 – The board of directors of the Silicon Valley Leadership Group voted unanimously today to support the San Jose City Council’s effort to bring a privately built and operated major league baseball stadium that is expected to create nearly 1,000 jobs and generate more than $5 million dollars a year of revenue for local governments.

“The stadium effort touches all the bases,” said Carl Guardino, CEO and president of the Silicon Valley Leadership Group. “It provides jobs, strengthens our economy, offers a cultural aspect for our families and is a stone’s throw from the future BART station, already home to Caltrain, light rail and Amtrak.”

San Jose Mayor Chuck Reed said, “I want to thank the Silicon Valley Leadership Group for endorsing our efforts to bring major league baseball to downtown San Jose. Silicon Valley’s business and technology leaders know that professional baseball makes fiscal and economic sense for San Jose and our neighboring communities. As the largest city in Northern California and one of the most dynamic markets for sports in the U.S., the time is right for professional baseball to turn its attention to San José.”

San Jose has identified a fourteen-acre site at the western edge of downtown for a 32,000-seat major league ballpark. The was chosen because it is readily accessible by major public transportation facilities including Caltrain, VTA bus and light rail, as well as a future BART station.

Major League Baseball is currently reviewing site options and territorial rights for the Oakland A’s. Pending a favorable conclusion, a vote by the citizens of San Jose will be necessary. It is anticipated that this will occur in November 2010. The earliest a ballpark would open is Spring 2014.