San Jose, The Capital of Silicon Valley
San Jose, is the cultural, financial, and political center of Silicon Valley, one of the wealthiest major cities in the world and the largest city in Northern California by both population and area. San Jose is home to over 6,600 technology companies including: Google, Adobe, Cisco, Broadcom, SAP, Netflix, eBay, PayPal, Samsung, Acer, HP, Zoom, Sun Power which mostly maintain their headquarters in the city.
Tower27, located at 27 South First Street, is in the heart of the downtown district of San Jose, a few blocks from Google's new village ‘Downtown West’, San Jose State University, the Convention Center, the Tech Museum of Innovation, City Hall, Diridon Station, Adobe Worldwide Headquarters and main central plazas. Below the page you will find detailed information about the exact location of Tower 27 including San Jose, downtown district of San Jose and the South 1st Street.
Santa Clara County and San Jose median household income is one of the leaders in the United States with median income of $109,593. 62% of SAJ households have income over $75,000. San Jose also have one of the country’s highest educated workforce with 68% of the workforce completing college.
One of the best cities to live and work
San Jose is the county seat of Santa Clara County, the most affluent county in California and one of the most affluent counties in the United States. It is the third-most populous city in California and the tenth-most populous in the US. As a result of the city’s thriving economy, San Jose became one of the best cities to live, work, and do business in the United States.
Unparalleled multi-family demand
San Jose has experienced unparalleled multi-family demand with the rapid expansion of technology and internet companies in the area after the great financial crisis of 2008 with an employment growth rate of 17.8% between 2007-2017. Santa Clara County and San Jose are one of the leaders of employment growth in the United States and the unemployment rate of the region is one of the lowest in the county. San Jose population growth is outpacing California and is expected to continue this trend especially with the increasing positioning of Google and Apple in the area.
San Jose QuickFacts
• 3rd largest city in California
• 10th largest city in the U.S.
• San Jose International Airport (SJC) is 4 miles north of Downtown
• 43.7% have a Bachelor’s Degree or higher
• 24.3% some college or Associate Degree
• Population percent change is 7.3%
• Median household income is $109,593
• Average Nonfamily Income is $81,429
• Median Age is 36.5 years
• Owner-occupied housing unit rate is %56.8
• Median value of owner-occupied housing units is $864,600
Source: US Census Bureau
Did you know San Jose is...?
• Nation’s “Best Performing City 2015” (Milken Institute)
• Recognized as “Happiest City in America” (Forbes, Prevention magazines)
• One of only three U.S. cities that have Japantowns
• Leading the country in patent generation
• The “Best City to Work In” (Glassdoor)
• Ranked #1 “Healthiest City in America” (Prevention, Self magazines)
Source: santaclaraca.gov
Downtown San Jose
Physical and symbolic center of the Silicon Valley
Downtown San Jose is the central business district of San Jose and the largest urban center of Silicon Valley offering an amalgamation of cultural, professional and residential amenities.
Downtown is the Silicon Valley’s City Center with 200+ restaurants, cafes, bars and 40+ arts and entertainment venues.
It is one of the largest tech clusters in Silicon Valley, as well as Fortune 100 companies, fancy startups, and pop-up stores all thrive in the Downtown. San Jose State University is an integral partner in innovative private and public sector programs which graduates help fuel the large local talent pool.
With its greatest density Downtown sets the tone for San Jose and is the primary public expression of its identity. Its rapid transformation in the past few years has laid the foundation for the rest of the city. Downtown San Jose is the densest, most walkable, most transit-oriented and most dynamic place in the South Bay. It is now poised to benefit from the growing trend toward working and living in urban centers.
The public transit system that connects the San Francisco Peninsula with Bay Areas, Bay Area Rapid Transit’s planned final stop will be San Jose. In addition, the planned bullet-train from Fresno is expected to be completed in 2025 to complete the City’s vision to transform Diridon Station into the Grand Central Station of the west coast.
South 1st Street
Best example of street life in Downtown
South 1st Street presents Downtown's best and most colorful example of street life and features of a good public realm. The street is truly special with its architecture and materiality, canopy of trees, and pedestrian activity. Thanks to its proximity to major commercial activities and the harmonious combination of historical and contemporary texture, the street has become an exemplary location symbolizing the future image of Downtown.
Trends show that South First Street between Santa Clara and San Fernando Streets remain one of the street segments with the highest foot-traffic downtown.
Compared with the rest of the main locations, South First Street holds relatively steady throughout the year with its intense social life as being surrounded with many popular restaurants, bars, art centers and various cultural activity areas. In addition to Tower27 being very close to Diridon Station, First Street’s being on the route of various local buses also provide great advantages in terms of transportation.
Silicon Valley's Creative District
SoFA (South of First Area) known as ‘Silicon Valley's Creative District’ centered on three blocks of South 1st Street beginning two blocks South of Tower27. SoFA is an arts, cultural, and entertainment district of Downtown home to numerous cultural institutions, city festivals, art galleries, museums, and theatre companies, including the Institute of Contemporary Art San José, the San José Opera, and the Silicon Valley Symphony.
