January 30, 2007 :: Mark Lederer

The City of Berkeley Versus The University Of California At Berkeley

Cal Stadium

The University’s ambition to build a 125 million dollar new stadium has hit a snag. Over the last year I have witnessed numerous postings about saving Berkeley’s oak trees from the wrath of UC Berkeley’s new stadium bulldozers. It appears the trees, neighbors, and city officials may have won a major victory.

On January 29th Bloomberg.com posted that the Alameda County Superior Court Judge Barbara Miller issued a preliminary injunction barring the University from removing the trees. Barbara Miller cited that the removal of the trees would cause, “irreparable harm.” It currently looks like the city of Berkeley and the environmental groups will likely succeed in blocking the universities construction. You can see more about the cities position on this conflict at the city of Berkeley’s web site.

The New York Times and Monterey County Herald also noted that the project was challenged not only on the basis of the oak trees, but also based on the Hayward fault that would bisect the proposed project. The University maintains that the project is seismically safe and that the new stadium is a big improvement over the current structure. It will be interesting to see if the University will continue the fight for this site, or if this injunction will force them to identify another location.




:: Curt Van Emon

Silicon Valley Rebounds…

This is good for our property values as strong demand for jobs leads to strong demand for housing.

January 29, 2007

Silicon Valley Rebounds,
Led by Green Technology

New York Times, January 28, 2007

By LAURIE J. FLYNN

SAN FRANCISCO, Jan. 28 — After five years of job losses, Silicon Valley is hiring again. The turnaround coincides with a huge increase of investment in the emerging category of clean environment technology.

 

“We’re looking at a tremendous market opportunity,” said David Pearce, founder and chief executive of Mirasole, a manufacturer of solar cell technology in Santa Clara, Calif. “Supply is the only constraint.”

Mr. Pearce founded the company in 2001, but it was not until the middle of 2006 that Mirasole embarked on an ambitious plan to grow from 25 people a year ago, to at least 300 employees by the end of 2007. Today, Mirasole has 95 employees, most of them engineers and scientists.

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