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Mercury News: 75 Silicon Valley leaders endorse A’s move to San Jose

In a show of unity and a flexing of the region's political and economic might, 75 Silicon Valley CEOs have signed a letter to Major League Baseball Commissioner Bud Selig urging the timely approval of moving the Oakland A's to San Jose.

The two-page letter, which was assembled by the Silicon Valley Leadership Group, carries the signatures of well-known valley chief executives...

It is the latest and perhaps most impressive appeal to Selig from a range of avid supporters including the city of San Jose, a local pro-baseball grass-roots group and ordinary citizens, all pushing Selig to give the nod to San Jose. The letter drives home the point that Silicon Valley can deliver a level of corporate support to baseball that no other city in the Bay Area can match. It notes that the more than 300 member companies in the leadership group employ more than 250,000 local workers and generate more than $2 trillion in global revenue.

San Jose City Council Certifies Ballpark SEIR

In a unanimous vote, the San Jose City Council certified the proposed stadium's Supplemental Environmental Impact Report (SEIR). Public comments were overwhelmingly in favor of the project.

Thank you to all those who came out in support of Major League Ball in San Jose!

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View Downtown Video

Downtown San Jose offers Silicon Valley’s only urban experience; residents, office workers and visitors alike prize the near perfect year-round weather and pedestrian friendly layout. Downtown is the perfect the place for a ballpark. View Video>>

Economic Impact

An Economic Impact Analysis report presented by the San Jose Redevelopment Agency and developed by the Conventions Sports & Leisure International (CSL)—a leading consultant in the convention, sport, entertainment and visitor industries—indicated that the City of San Jose would see strong financial benefits from the construction and operation of a Major League Ballpark.

  •  A new Major League Baseball ballpark in Downtown San Jose has the potential to generate approximately 1,000 new jobs and $130 million in ongoing economic benefit with a positive impact on the City of San Jose’s.

  • With a fully operational facility in 2014, the ballpark would produce $130 million in annual economic impact and approximately 1,000 new jobs paying wages of more than $60 million, according to the report. 

  • Over a 30-year period, the cumulative economic impact would total $2.9 billion and personal wages paid exceeding $1.3 billion.

  • The report found that the ballpark would generate $1.5 million per year net new tax revenues for the City’s General Fund and more than $1.9 million for other local agencies for affordable housing and Santa Clara County.

  • Local hotels, restaurants, stores, and nightspots will benefit, with the average ballpark attendee anticipated to spend $47 at businesses outside of the Major League Baseball facility.