Economy

Driven by increasing residential values and despite a “troubled” commercial real estate market, Santa Clara County’s overall property assessment roll grew by $35.6 billion, or 5.4% in the last year, according to Assessor Larry Stone’s office. The growth includes an increase of around 5% in...

Santa Clara County planning officials have released the draft Environmental Impact Report for the 403-acre Sargent Ranch quarry project that is proposed south of Gilroy. The public comment period on the EIR began July 25 and will continue until Sept. 26, according to county staff. Representatives...

Projected costs of the massive Anderson Dam reconstruction project in Morgan Hill have risen to approximately $2.3 billion, according to a report prepared by engineers for the Santa Clara Valley Water District. Two years ago, the cost of the dam project—required for earthquake protection and...

To call Keith Larson a superfan of “A Christmas Story” might be an understatement. The San Jose native still remembers that clear winter day as a 9-year-old in 1983, when the power tripped off in his neighborhood without a known reason. On a whim, the family...

A $30 million incentive project is underway to help businesses, nonprofits, public agencies and tribes fund the installation of electric vehicle chargers in disadvantaged and low-income communities across the state.  Santa Clara is on the list of 30 counties where such parties are eligible for...

Gov. Gavin Newsom and legislative leaders reached a nearly $300 million budget agreement on June 21 that closes a $46.8 billion deficit that was projected for the coming fiscal year with across-the-board cuts of nearly 8% to every department.  The $297.5 billion budget is proposed...

Construction of a new traffic roundabout at the intersection of State Routes 25 and 156 near Hollister continues this week with work taking place behind protective concrete barriers, according to the California Department of Transportation. Recently installed K-rail at all four approaches to the construction...

High-speed internet is coming to South County, as local providers have been installing fiber internet lines and infrastructure underground and on utility poles in recent months. This work will continue well into next year in an effort to expand the availability of fast, reliable...

Hundreds of people in Morgan Hill and Gilroy hit the streets April 5 to deliver the message that they are not happy with President Donald Trump and Elon Musk as part of the nationwide “Hands Off!” protests.  On just the 76th day of Trump’s presidency,...

The historic heat wave that has gripped most of California this week has resulted in broken temperature records, prompted cities and counties to open public “cooling centers” for the vulnerable, limited outdoor school activities—and might have even damaged a stretch of highly traveled asphalt...