Industry Leaders, Politicians Discuss Silicon Valley’s Biggest Import: Sports

MOUNTAIN VIEW, CA – June 14, 2012 – With the San Francisco 49ers move to Santa Clara and the Golden Gate Warriors San Francisco-bound, Silicon Valley for the very first time boasts more pro sports franchises than either San Francisco or Oakland.

On June 20th, local politicians and businesses will gather to discuss Silicon Valley’s rise as a pro sports market and its impact on the local economy.  The two-hour event at Mountain View’s Computer History Museum is presented by The Registry, the Bay Area’s real estate magazine, and sponsored by San Jose historic rehab specialist Garden City Construction, as well as Arborwell, Devcon Construction, Accel Air Systems, Alliance Roofing and Coblentz, Patch, Duffy & Bass LLP.

The event kicks off with a keynote address by Lewis Wolff, chairman and CEO of Wolff Urban Development.  Wolff is co-owner of the San Jose Earthquakes soccer team and the Oakland A’s.  South Bay interests haven’t given up on winning the A’s, who have long been seeking a new stadium outside of Oakland.  Last month Wolff reportedly reiterated his desire to move the team to downtown San Jose and has expressed hopes for a decision on such a move by Major League Baseball in August.

“The Bay Area pro sports market is in tremendous flux right now with two major franchises moving and a third solidly in play,” said Vladimir Bosanac, publisher of The Registry.  “With stadium construction already under way in the South Bay and perhaps more to follow, there is the potential for a major shift in the path of commercial development over the next 10 years,” he added.

An executive panel discussion featuring Silicon Valley Leadership Group CEO Carl Guardino, South Bay developer John Sobrato and Mayors Chuck Reed of San Jose and Jamie Matthews of Santa Clara will discuss the overall impact on the Silicon Valley economy of the upheaval in the Bay Area’s sports franchises as well as the implications for future development of the region.

Panel moderator Andy Poppink, managing director in global services firm Jones Lang LaSalle, believes the South Bay’s emergence as a professional sports hub is not a surprise given Silicon Valley’s prominence as one of the innovation capitals of the world.

“Silicon Valley has a strong global identity as a world leader in technology and as a great place to live.  The presence of premier professional sports team reinforces its identity as a thriving community and many believe bolsters its attraction to key talent which contributes to the Valley’s  innovative companies,” he said.  “These sports franchises are changing the face of the Valley and having an impact on its transportation systems, housing and commercial development.”

“Breakfast of Champions” begins with a networking breakfast at 7:30 a.m. on Wednesday, June 20, at the Computer History Museum, 1401 N. Shoreline Blvd. in Mountain View.  For more information about the event or to register, go to: http://theregistrybreakfastofchampions.eventbrite.com/.

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