● ● ● ● ● ● Culture of Innovation Farm to Table Venture Capital Talent Fine Wine Humanity Hiking ●

ADVERTISING SUPPLEMENT ● AUGUST 21, 2020 Thrive to Space Craft Beer ● Arts ● ● iefraRe-set? a for Time Tech Transfer ● iking B Tri-Valley Open Spaces ● Urban Amenities

TITLE SPONSOR 2 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES

“While other banks held the door open for me, Fremont Bank actually opened doors for my business.”

Steve Ziganti, 3 Steves Winery Livermore, CA

At Fremont Bank, we don’t just say we have your back. We prove it by providing access to real people with actual phone numbers. People who can help you get a loan and keep your business open. So far, we’ve helped thousands of our small business clients secure essential funding—even when other banks couldn’t deliver. Switch to Fremont Bank now and let us open new doors for you.

Please join us: fremontbank.com (800) 359-BANK (2265)

The Fremont Bank Way.

Member FDIC | NMLS #478471 | LCOM-0357-0820 AUGUST 21, 2020 ADVERTISING SUPPLEMENT 3 TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES

Radical Reset? Or, Maybe Just the Open Space You Need To Thrive

s we search for ways to do better together, the arts and urban retail options, it’s not Tri-Valley advantages keep each other safe, and fully reset, we hard to see why the Tri-Valley is attracting A factual short list shows why A invite you to take a deep breath and a startups, large new headquarters, and the region is especially attrac- fresh look at how the Tri-Valley should factor second regional locations. tive for top talent, right here, into your future. It’s not just that it’s actually much right now. It took entrepreneur Tim Harkness just more affordable to do business here. The Culture of innovation: Sparked one mountain bike ride on the Pleasanton attribute that calls out more loudly than by thought leaders at two na- Ridge to come up with his next vanguard ever before as we work diligently to im- tional laboratories. Tri-Valley business - Unchained Labs. prove our safety, quality of life, diversity and Highly educated workforce The Tri-Valley’s collaborative ecosystem humanity - is the ability to attract and keep 26% have a master’s degree or makes it the heart of California innovation. Led Lynn Naylor, CEO, top talent happy. In the Tri-Valley, there is the higher level degree. by civic and business leaders dedicated to serv- Innovation TRIVALLEY remarkable opportunity to Work Happy, right Leadership Group Lower Costs: 50% on average ing as forces for good in a global economy, the alongside your team. compared to San Francisco Tri-Valley innovation hub has long been herald- Frustrating commutes and long slow ele- and Silicon Valley office space. ed as a region that values innovation and collaboration, also vator queues can be replaced with easier workplace access, Location: 580 and 680 juncture aspiring to take full responsibility for its places, people, and frequent outdoor adventures, and more time at home for gives easy access to Silicon Val- future generations. All here, in the geographic center of the family dinners prepared together. ley, San Francisco, Sacramento, Northern California mega-region. Innovation Tri-Valley Leadership Group invites you to and the Central Valley. With San Francisco and Silicon Valley a short re- connect with us. We want to share the innovation eco- Talent: Access to highly edu- verse-commute away, and a quality of life that includes open system, value, and space to grow that the Tri-Valley can cated, productive talent pools space, farm to table cuisine, wine country, craft breweries, uniquely offer you right now. here and nearby.

About the cover: Clockwise from top: 1. Our friends at Sensiba San Filippo remind us that open space fuels creativity; 2. Livermore Valley Wine Country is home to 50 wineries set in beautiful rolling hills. 3. Veena Kaul at Kensington Labs; 4. Sista Sankofa mural in Livermore by Timothy B; 5. LLNL researchers; 6. Ammed Khan of IrisVision demonstrating his company’s vision-assisting headset. (Photo credits: 1. @misstravlkk; 2. Getty Images; 3. Paolo Vescia; 4. fitzthegoat; 5. Lawrence Livermore National Lab; 6. Paolo Vescia)

Stories by Simon Campbell

Proudly ranked as a top 10 children’s hospital in the nation

We’re honored to be one of just 10 children’s hospitals nationwide, and the only one in Northern California, to be named on the 2020–21 U. S. News & World Report Best Children’s Hospitals Honor Roll. This distinction affirms our faculty, physicians, and staff’s enduring pursuit of excellence and the exceptional quality they provide to patients and families. With our network of 65+ Bay Area locations, our patients can access this same great care close to home. Learn more at stanfordchildrens.org 4 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES The Space for Ideas To Grow eciding where to base a company is a hard decision. But the culture and infrastructure of the Tri-Valley make it an The thing D easy place in which to do business. that drives innovation The lake by his Bishop Ranch ing companies and proximity to IN GOOD COMPANY is the office was the perfect place to talk investors and venture funds in through ideas so whenever Les 450 the wider Bay Area the Tri-Valley opportunity Schmidt needed inspiration he’d Number of tech had all the ingredients for a vi- take a walk with his clients. companies calling brant entrepreneurial scene. The for random “Outdoor spaces are incredibly Tri-Valley home. only thing missing was the ‘glue’ collisions, for valuable to innovation,” Schmidt to stick it together. said. Something about stepping out- 33% Schmidt created BRIIA, a San serendipity.” side seemed to get the creative juic- Combined growth in Ramon-based startup acceler- 2019 of companies es flowing. ator to help entrepreneurs turn Les Schmidt, headquartered in It’s a feeling that a lot of people AI software ideas and machine serial entrepreneur Tri-Valley who do business in the Tri-Valley learning concepts into funded will recognize. The abundant na- 30% less businesses. BRIIA runs a 13- ture, competitive real estate prices Average home sale week program that pairs entre- Brandon Cardwell is and outstanding schools make it an price in 2019, compared preneurs with local mentors and the Executive Director excellent place to live. Two national to San Francisco. concludes with an investor pitch of Daybreak Labs in labs, hundreds of tech and life sci- day. To date the 25 companies Livermore, catering to life sciences and ence companies, a growing com- that have passed through the hard tech startups by munity of entrepreneurs and investors make it an program have earned $16 million in funding. providing hardware excellent place to start a company. The Tri-Valley is “a region that has all of the as- fabrication and biotech Schmidt, a serial entrepreneur, certainly rec- sets for vibrant innovation,” said Schmidt. “And research facilities. ognized this. With its network of forward-think- yet it has this feel of being a friendly, collaborative, embracing, upbeat kind of community that I think is just perfect for entrepreneurship.” Schmidt loves the Tri-Valley’s natural environ- ment and the room for interaction it provides. BRI- IA offers shared office space and hosts live events to bring entrepreneurs and investors together. “The thing that drives innovation is the op- portunity for random collisions, for serendipity,” Schmidt said. He knows of more than one Tri-Val- ley business that has started as the result of a chance meeting or conversation. The Tri-Valley is the fastest growing region in the Bay Area in terms of population and employ- ment. It is home to 450 technology companies and has a vibrant startup community. Stock market data shows that companies headquartered in the Tri-Valley grew by 33% in 2019 outperforming the S&P which increased by 29%. Of all the areas touted as the ‘next Silicon Valley’ – Austin, Denver, Portland et al – the Tri-Valley has one big advantage in that it is physically adjacent to the original. Coupled with outstanding education institutions, competitive real estate markets and accessibility it is easy to see why the region is on the upswing. Innovation has long been core to the local land- scape. For Brandon Cardwell, founder of the start- up incubator Daybreak Labs, the region is a fertile seeding ground for entrepreneurs. DAYBREAK LABS “In terms of infrastructure, talent, capital and space, the Tri-Valley screams at those people to turn ideas into something that will grow,” Card- well said. AUGUST 21, 2020 ADVERTISING SUPPLEMENT 5 TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES

Veena Kaul, vice-president of Kensington Labs with one of the wafer-handling robots the Real Estate outlook company makes. Over the last decade Tri-Valley office space has had one of the highest vacancy percentages in the Bay Area. Emerging trends in the commer- cial real estate market, partly influenced by the recovery from the Covid-19 pandemic, suggest that is about to change.

Appeal of suburban workplaces “We expect to see increasingly more regional offices as companies get away from public transportation, high rise offices, and desire more decentralization to be closer to where people live now,” said Mark Triska, Executive Vice-President at Colliers International. The appeal of city offices in dense urban settings has waned since the coronavirus changed many people’s working situations. With over 4.5 million square feet of office and R&D space currently available the Tri-Valley has options to suit companies of all sizes.

Economic advantages “Now that companies are beginning to con- sider suburban office markets in an attempt to spread out across the Bay Area and avoid public transportation, the Tri-Valley may get the attention it deserves,” said Kevin Beaumon- te, Vice President at Hughes Marino. The Tri-Valley’s proximity to Silicon Valley and San Francisco, highly educated workforce and quality of life dif- ferentiates it from other locations, Beaumonte said, and could be a major draw in recruitment nego- tiations. The current state of the market, with plenty of options available, is favor- Kevin Beaumonte, able to tenants. Compa- Vice President, nies who get in early could Hughes Marino benefit in the long run. “The underrated aspect of the Tri-Valley is what happens when you mix these draws with an abundance of commer- cial vacancy, it gives tenants extremely strong negotiating leverage,” Beaumonte said. These factors could be a potent combina- tion for companies basing themselves in the

SFBT / PAOLO VESCIA Tri-Valley in years to come. “This can position a company for long term success and is the true secret sauce,” Beaumonte said.

Quality of life For Brian Lagomarsino, Executive Vice Presi- dent at Colliers International, space is one of the great advantages the Tri-Valley has over more urban markets. And landlords are using it Daybreak is funded by Tri-Valley commu- “These scientist entrepreneurs need access to provide a new kind of working environment. nity partners led by the City of Livermore. to experienced entrepreneurs for mentorship, “A mid-rise office building, where employ- “Our observation is that there is a large a peer community for moral support and ees can choose to take the stairs 3-4 floors to and growing community of scientists and en- problem solving,” Cardwell said. get to the office, avoiding the cramp, shared gineers living and working in the Tri-Valley, Welcoming more businesses is helping to elevator space altogether, will be desirable,” many of whom have made technical discov- change the demographics of the region. “The Lagomarsino said. “In the East Bay many of eries that might turn into successful busi- Tri-Valley is becoming increasingly multicul- the landlords have activated their stairwells – nesses,” Cardwell said. tural as more Bay Area residents discover its these are now featured as amenities.” Daybreak currently has 15 companies op- appeal,” Cardwell said. “The region has done The benefits for companies and employees erating from its HQ space, many with ties to a good job of embracing economic growth will manifest in the months ahead, Lagomar- the two national labs in Livermore. Helping and welcoming newcomers while maintain- sino said. “The East Bay offering will provide bring innovators and experienced entrepre- ing a strong sense of community and small- a higher level of safety, a reduced commute, and real estate cost savings for companies neurs together is one of the key parts of the town feel.” and the workforce and ultimately a better Daybreak philosophy. continued on next page quality of life.” 6 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES

continued from previous page 9.8%, or Silicon Valley, 9.1%. People, WORK SPACE COSTS For Cardwell, the Tri-Valley off ers businesses and funding are fl owing into Q4 2019 the best of both worlds. “I’m an en- the region. As the wider economy begins trepreneur but that doesn’t mean I to recover from the Covid-19 pandemic this can’t be home in time for my son’s $2.80/sq. ft. growth could well continue. Average cost of baseball game,” he said. “We’re able to pull a little talent and cap- commercial real estate Robotics manufacturer Kensing- ital from that resource pool while still off er- in Tri-Valley ton Laboratories had been looking ing better quality of life than many parts of for a new home for a while when the entire Bay Area,” said Lauren Moone, they found a suitable building in a $5.92/sq. ft. Executive Vice President at Mirador Capital. great location in Dublin in 2015. Average cost of Proximity to nature, hiking trails, win- Kensington was based in Hayward commercial real estate eries and a real estate situation that means We see in San Francisco at the time and company leaders by Bay Area standards, a home with a gar- families were initially concerned about the den and room to think, is not inconceivable relocating travel impact for staff , who lived all for many Tri-Valley residents. over the Bay Area. But the new location, near a freeway “We see families relocating here,” said Moone. “Th ey here. They interchange, cut commute times and boosted morale. want more space, they want a yard, we have great public want more “Our employees have found a better work-life bal- schools. Th ere’s just a general sense of community, in my ance,” said Veena Kaul, Kensington Labs’ Vice President. opinion, that’s hard to fi nd in a lot of other parts of the space, they “Th e company has also been able to tap into a diverse, tal- Bay Area.” want a yard, ented and well-educated workforce in the Tri-Valley area.” Th e numbers certainly stack up in the Tri-Valley’s fa- Kensington products are used all over the world, vor. Across the region, commercial real estate averaged we have but its workforce is local. Since moving to Dublin the out at $2.80 per square foot in the fourth quarter of 2019. great public growth of the business means that they have expanded In San Francisco it was more than double that at $5.92. headcount and are looking to fi ll more positions. “We fi nd that companies like coming here, especial- schools.” “I am glad we made that decision,” Kaul said. “Th e re- ly earlier stage startups, to extend their capital runway turn on that investment has been great.” from the venture dollars that they’ve raised,” Moone said. Lauren Moone, Executive Vice President, In the decade since 2010 the Tri-Valley population has “Th ey also like the type of work space we have here.” Mirador Capital grown by 17.3%, almost double the rate of San Francisco, In 2015 Mirador Capital launched the Mirador Tri-Val-

Local business profi les Unchained Labs

Tim Harkness was riding his bike along Pleasanton Ridge when inspiration hit. He had sold his second company, Pro- tein Simple, the day before and conceived his next successful venture, Unchained Labs, some- Lui Dussan, Founder, AEye where on the hills above his Pleasanton home. That was at the tail end of 2014, Unchained AEye launched in February 2015 with $25 million in funding. AEye started life in the Daybreak Harkness and his team fo- Labs incubator program in Liver- cus on life science and biotech more and now has one of the big- acquisitions of companies that gest commercial real estate foot- have technology with market prints in the Tri-Valley. Driven by the appeal. Unchained accelerates growth of the team and increased products toward the market funding, AEye recently moved to a in highly eff ective ways as the new 55,000 square foot complex in company had $50 million in Dublin. sales in 2019. The company, whose tagline is Harkness said, “The business “Think like a robot, perceive like a is all about the people and peo- human,” produces hardware and ple are everything. If you get the software for use in autonomous right people, magic can hap- vehicles. Founder Lui Dussan is a pen,” says Harkness. A lot can former NASA, Lockheed Martin and happen on a bike ride. Northrop Grumman engineer.

COURTESY OF TIM HARKNESS Driven by the growth of their team and increased funding, AEye moved to a new 55,000 square foot complex in Dublin in 2019.

Tim Harkness, Founder, Unchained Labs AUGUST 21, 2020 ADVERTISING SUPPLEMENT 7 TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES

The region has done a good job of embracing economic growth Uniting diverse and welcoming newcomers while maintaining a strong sense of interests for a community and small-town feel.”

founder, Daybreak Labs collective goal Brandon Cardwell, t the heart of the 2040 Innovation Tri-Valley ley Index (MTVX) to track the performance of publicly listed Tri-Valley companies. Vision Planning lies a healthy slice of competi- As of 2019 the MTVX was up 208% for the trailing three tion. With public and private sector stakeholders, years versus the S&P which was up 144% over the same A period. Th e fi gures for the preceding 10 years give an even from fi ve cities and two counties, in the fastest grow- clearer indication of the growth of the Tri-Valley. Th e S&P ing region in the Bay Area, this is hardly surprising. was up 290% over the preceding decade while the com- panies in the MTVX portfolio had grown by 982%. But rather than any civic rivalry it is a sense of collective desire for a Relationships are central to Mirador’s investment better future that drives the Innovation Tri-Valley’s 2040 plan. All the stake- philosophy and many of their best performing invest- holders involved want to see the Tri-Valley maximize its potential. ments have been in companies that they have known Th e Tri-Valley’s growth in population and employment places it at the about for years. Th e power of connectivity is a strong top of the list of fastest growing sub regions in the Bay Area. To accommo- part of the Tri-Valley business ecosystem. date that growth the Bay Area Council Economic Institute, recommended “We know of multiple founders or co-founders who that Innovation Tri-Valley (ITV) convene a cross sector group of stakehold- live in nearby neighborhoods and so they decide to ers to compile a 2040 vision for the region. start their business here,” said Moone. “Having lived Th e project brings together Tri-Valley leaders from public and private and worked in San Francisco and on the peninsula, the sector organizations to formulate strategies around housing, transportation, Tri-Valley feels much more collaborative.” workforce development and education as well as innovation and entrepre- neurship. “Giving divergent voices the chance to speak can be complex” said former CEO and founder Dale Kaye,” but to produce a vision with big ideas, we need input from a diverse and large group of stakeholders.” With the onset of Covid-19, workshops were add- Local business profi les ed to mirror the needs of a region during and after a pandemic. Alameda County Supervisors Scott Haggerty, Nate Miley and Contra Costa Supervisor Candace Andersen, Dale Eldridge Kaye, Founder have been central to the origin and growth of the proj- and former CEO, ect, as have the fi ve Tri-Valley mayors. Innovation “Supervisor Haggerty was the fi rst elected to help Tri-Valley fund the plan. He is a thought leader,” said Steve Lan- za, ITV Board Chair. “All of our elected leaders have contributed and will continue to help lead the way to a Jamil Abo-Shaeer Rodney Worth better future for the region.” Representatives from both Lawrence Livermore Na- tional Laboratory and Sandia National Laboratory are Vector Atomic Worth Group part of the process “As R&D leaders they are constantly looking at what impacts the future of the world, not Accessing the specialized equip- Rodney Worth grew up with a just the Tri-Valley. We are incredibly fortunate to have ment at the Lawrence Livermore love of food. While enrolled in the Steve Lanza, accomplished global strategists giving input to the Board chair, National Laboratories was crucial culinary program at Diablo Valley 2040 plan,” said Lynn Naylor, ITV’s CEO. to the success of Vector Atomic. College, he worked part-time at Innovation Th e diversity of interests in the group allows for The company builds atomic sen- Wente Vineyards where he was first Tri-Valley unique knowledge exchanges. Real estate representa- sors based on quantum technology exposed to a whole new world of which can be used in GPS in sat- cooking. His entrepreneurial spirit tives, CEO’s of hospitals and biotech companies, as well as start-ups have ellites and submarine navigation. took flight after working with sev- been able to share information that may refl ect emerging trends as the This technology makes GPS navi- eral renowned chefs, and he soon economy begins to recover from the pandemic. gation more accurate and resilient. brought The Peasant and The Pear Jeff Bellisario, Executive Director of the Bay Area Council Economic In- The entrepreneurship program to downtown Danville. stitute, sees connectivity and communication as increasingly important in and work space at the Lab’s Ad- Rodney is a six-time winner of Di- the post-pandemic world. Building interactive spaces that increase oppor- vanced Manufacturing Lab allowed ablo Magazine’s “Best Chef” award, tunities for serendipity will be a key part of the recovery and the 2040 plan, Vector to build a business that is ex- also garnering coverage from he said. panding rapidly. Michelin, Zagat and Bon Appetít One of the biggest goals is for a university campus to be established in CEO Jamil Abo-Shaeer and the magazine. Rodney’s charm and the Tri-Valley. Almost all innovation hubs across the country, are connected other Vector founders were previ- smile are what put him on the map to a university. ously Silicon Valley based but have of culinary greats in the Bay Area, “Th e plan which will be released in 2021 is ambitious and encourages all moved to the Tri-Valley. Being but his unique menu and commit- based here provides a quality of life ment to sustainability and local and its members to think big while focusing on ideas that will be feasible from that is not possible in other parts of organic products are what have a policy standpoint. “What will roads look like in 20 years? How big will the Bay Area and the proximity to kept him there. autonomous vehicle usage be in 2040? Will public transportation hubs the Labs ensures that cutting-edge need parking spaces in the future? Our questions all have to be considered equipment is on the doorstep. through a forward-thinking lens,” said Dale Kaye. 8 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES Sector leaders find sweet spot in Tri-Valley

eciding where to base a company is a hard D decision. But the culture and infrastructure of the Tri- Valley make it an easy place

to do business. Increasing DISTANCE STRIKING numbers of innovative industry leaders are deciding to base themselves here. Striking Distance game development chose Bishop Ranch for its new headquarters. The complex provided competitive pricing, room to grow, and abundant amenities.

Striking Distance Studios Ranch complex Striking Distance have creat- is significant for the Tri-Valley business com- For Striking Distance Studios, one of the big- ed a cutting-edge studio that allows them to munity. Striking Distance have built a unique gest names in the gaming industry, San Ra- bring many elements of game production un- facility with room to expand further. Other mon had a number of advantages that the tra- der one roof. There are motion capture stages, companies will surely take note. ditional hubs of game development couldn’t sound recording booths and enough space to “Bishop Ranch allowed us that ability to provide. keep creative minds inspired. have a space that was efficient but also had “It gave accessibility and opportunity and “When we are building games and enter- the ability to scale for us, because we have options,” said Striking Distance COO Stacy tainment, and storytelling, you really want the space out there,” said Hirata. “I think Hirata. “It allowed us to look at people and your team to feel that they can be in a creative it’s inspirational in a way and I hope that it tap into talent.” space and feel comfortable,” Hirata said. inspires other companies to think outside Striking Distance is a subsidiary of PUBG, Striking Distance staff often venture onto the normal.” a South Korean gaming behemoth. CEO Glen the hiking and biking trials around Bishop Schofield is an industry veteran associated Ranch when they need inspiration, Hirata Snowflake with infamous games such as Dead Space said. The Tri-Valley brings the company, and Cloud-based data-storage startup Snow- and Call of Duty. And Striking Distance’s its team, a host of other benefits too. flake was founded in San Mateo in 2012 be- debut title, a ‘narrative game based on the “The amenities in the area are incredible,” fore relocating their headquarters to Dublin PUBG universe,’ is one of the most eagerly Hirata said. “It’s a growing area, you’re seeing this year. The move was all about talent and anticipated releases in the $150 billion global a lot of commerce come in, a lot of corpora- quality of life. gaming industry. tions moving into the area.” “As a company with a rapidly growing Based in 25,000 square feet of the Bishop Luring one of the biggest names in gaming workforce, Snowflake is continuously look-

Ammad Khan, CEO of IrisVision, with the The Tri- vision-assisting headset his company has developed. The device uses a smartphone Valley has a mounted in a VR headset to help vision- impaired users see more clearly. strong talent pool and the benefit for the team of avoiding long commutes while contributing to a fast-growing, venture-funded tech company.”

Ammad Khan, CEO IrisVision SFBT / PAOLO VESCIA SFBT AUGUST 21, 2020 ADVERTISING SUPPLEMENT 9 TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES

ing for top-tier talent in all areas of our business to attract,” FormFactor CEO Mike Slessor told Mi- to help power our growth,” said Warrick Taylor, rador Capital earlier this year. Snowflake’s VP, Global Workplace and Real Estate. “Over the hill we have Tracy, Stockton and the Sector leaders find “With its advantageous geographic location Central Valley, but we can also tap into the engi- and affordable housing options, Tri-Valley draws neering and tech population that drifts towards a world-class talent pool from the East Bay, San San Jose and the Bay Area. It’s really nice for our Jose, and Central Valley,” Taylor said. business,” Slessor said. The amenities of the Tri-Valley coupled with the sweet spot in Tri-Valley favorable local real estate market mean companies IrisVision and employees can acknowledge quality of life Access to a highly-skilled workforce is one of the and well-being. Snowflake topped LinkedIn’s list primary reasons IrisVision decided to locate in of the best startups to work for in 2019 Pleasanton. IrisVision produces wearable devices Accessibility is also important, Taylor said to assist people with low vision conditions to see - with shorter commutes people can spend better. more time with family or pursue hobbies. For a The company has won a host of awards and company like Snowflake, expanding and making contracts including from the U.S. Department of waves in the competitive cloud-data-storage Veteran Affairs and is expanding rapidly. market, that could be an advantage. “The Tri-Valley has a strong talent pool and “The Tri-Valley area offers a lower cost of living, the benefit for the team of avoiding long com- good mass transit, and a culture that fosters fam- mutes while contributing to a fast-growing, STRIKING DISTANCE STRIKING ily growth and prosperity,” Taylor said. “Life here venture-funded tech company,” said CEO Am- attracts professionals and their growing families mad Khan. - the talent with the skills that Snowflake needs.” The work IrisVision does to help restore sight, is serious and potentially life-changing. But their FormFactor location allows for some relaxation around this Livermore-based FormFactor manufactures important science. semiconductors and was one of the best per- You really want your “Pleasanton has been great for team building, forming Tri-Valley companies on the Nasdaq either formally or informally,” Khan said. “We’ve last year. FormFactor stock appreciated by team to feel that they found many options hosting meetings, but with 84.3% in 2019 and it reported strong 2020 Q2 can be in a creative space a fun twist like bocce ball or wine tasting after- results with predicted future growth. ward.” Being based in the Tri-Valley carries further and feel comfortable.” For companies looking to innovate, attract the benefits for the company. “It’s been a sweet spot best talent and keep their employees happy, the Stacy Hirata, COO, Striking Distance for us in terms of the kind of workforce we’re able Tri-Valley could be the perfect location.

CHABOT-LAS POSITAS COMMUNITY COLLEGE DISTRICT

Chabot and Las Positas Colleges both provide an educational EDUCATIONAL EXCELLENCE forms the foundation of our district and foundation for transfer to a four-year college/university, governs the planning, implementation, and evaluation of everything career and technical education (CTE) certificates, and life- we do. long learning opportunities. A combined student population CURRICULUM RELEVANCY ensures that our students benefit from the of more than 29,000, they represent the Bay Area and latest and most innovative curriculum available; this requires constant, Central Valley, as well as other states and more than 40 active improvement. foreign countries. COMMUNITY COLLABORATION with local business, government, educational institutions, civic organizations, community groups, science, 25555 Hesperian Blvd, Hayward, CA 94545 3000 Campus Hill Drive, Livermore, CA 94551-7623 and industry partners results in a team effort to provide educational 510.723.6600 | CHABOTCOLLEGE.EDU 925.424.1000 | LASPOSITASCOLLEGE.EDU opportunities that best server our students and our community. 10 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES AUGUST 21, 2020 ADVERTISING SUPPLEMENT 11 TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES National Labs cultivate entrepreneurship he Lawrence Livermore National Laboratory (LLNL) and Sandia T National Laboratories have made a huge contribution to the attraction of talent and culture of collaboration in the Tri-Valley.

Th e Labs embrace an entrepreneurial culture that encourages scientists and engineers to explore ideas outside the confi nes of traditional job specifi cations. “When I started in the lab system it was very quiet, we didn’t talk a lot outside our work environments,” said Rich Rankin, Director of the Innovation and Part-

nerships Offi ce at LLNL. “Science LLNL is not a hide in your laboratory and publish a paper once in a while ex- Lawrence Livermore National Laboratory encourages its scientists and ercise anymore.” engineers to think like entrepreneurs. Two programs have been central to the shift in culture at the Labs; Th e National ther testing and possible treatments. Laboratory Entrepreneur Academy (NLEA) and Another Sandia team is using advanced data modelling and soft- the Energy i-Corps program. Lab scientists and ware engineering techniques to create short-term estimates of new engineers receive training from professors and Covid-19 cases in specifi c locations. Th ese techniques allow the Rich Rankin, Director, business professionals to think entrepreneur- group to use publicly available data to provide confi dent estimates Innovation and ially about their work and approach discussions about new cases across the world and can be used to gauge the eff ec- Partnerships with the business community with confi dence. tiveness of interventions over time. Offi ce, LLNL “Not necessarily with the idea that Th e Labs are among the biggest employers in the Tri-Val- they could all run out and start a ley and studies from IMPLAN (Impact Analysis for Plan- business,” said Rankin. “But by so doing we could end ning) estimate their $3 billion annual budget yields up with people who could speak the language of busi- nearly $5.7 billion in economic impact. ness, that they understood how businesses operated.” For Stephanie Beasly, partnerships offi cer at San- To date, more than 200 LLNL scientists and en- dia, off ering scientists and engineers the chance to gineers have taken part in the NLEA program, with operate outside of the Labs encourages ambitious seven teams participating in the Energy i-Corps. thinking and helps ideas become products. Millions of dollars have followed for some of the ideas “Maturing cutting-edge technology can be the big- developed in the programs, Rankin said. gest hurdle to transferring innovations from the lab to MECS is a former LLNL i-Corps team that developed the marketplace, through these programs, Sandia is tiny bead-like objects to capture CO2, so it can be re-pur- streamlining the process,” Beasly said. posed. Th ey have partnered with craft breweries to cap- The Th e ‘Entrepreneurial Separation for Tech Transfer’ ture CO2 in the brewing process that can then be reused innovation scheme allows lab staff to enter the business world later, providing a cost saving and environmental benefi t. and return to their previous position if ventures don’t Th e results of the programs could stretch beyond community work out. For Beasly, this attitude helps reinforce the the Labs into wider society, “by developing technolo- is thriving Labs position in the wider Tri-Valley ecosystem. gy that will speak to government need and has a com- “Th e Tri-Valley is the fastest growing innovation mercial use and potential beyond that,” said Rankin. because of hub in the Bay Area in part because of programs at Expertise from the Labs has certainly been used the Labs and regional innovation accelerators that to benefi t the greater good over recent months. LLNL a culture of welcome lab researchers to participate and partner has off ered Covid-19 researchers from around the collaboration with their startups. Th e innovation community is world access to its high-power computing facilities to thriving because of a culture of collaboration and ex- help speed eff orts to fi ght the coronavirus, while two and exploration.” ploration,” Beasly said. scientists from Sandia are genetically engineering an Th e spirit of collaboration at the Labs is fueling in- Stephanie Beasly, antiviral countermeasure for Covid-19 using the ge- novation that is feeding back into the wider economy. Innovation and Partnerships nome editing process, CRISPR. When this is fi nalized Off icer, Sandia “We say we are open for business and we mean it will be shared with groups outside the lab for fur- it,” Rankin said.

THE NUMBERS: Lawrence Livermore National Laboratory (LLNL) and Sandia National Laboratories $3 billion $5.7 billion 9,021 719 Combined Tri-Valley budget Economic impact of labs. Total employees; LLNL and Total commercial licenses; of Lawrence Livermore and California-based Sandia LLNL and Sandia Sandia labs. 12 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES

7 STEPS

to better O-A-K air service

1 Fly OAK First!

2 Search for OAK when shopping

3 Adopt an OAK First corporate travel policy

4 Ask visiting clients to fly OAK

5 Encourage visiting friends and family to fly OAK, too

6 Execute corporate sales contracts only with airlines that serve OAK

7 Make your voice heard, answer airline surveys affirming your preference for OAK AUGUST 21, 2020 880 ADVERTISING SUPPLEMENT 13 TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES

580 Tri-Valley by 680 7 STEPS 101 the Numbers Danville San Ramon The Tri-Valley has experienced tremendous economic growth in San Francisco Oakland Dublin 580 to better O-A-K air service the past few years. As Lauren Moone, Executive Vice President Livermore of Mirador Capital Partners, explains, “Tri-Valley businesses have 880 Pleasanton a unique geographic advantage, combining proximity to the

best the Bay Area has to off er in terms of talent, technology and 680

investment capital, with relatively more aff ordable real estate 101 San Jose and a high quality of life.”

Population Median Household income Major Tri-Valley 364,035 $102,803 Employers Accenture LLP Bank of the West Chevron Population growth Compass Inc Percent growth 2010-2019 Kaiser Permanente 1 Lawrence Livermore Fly OAK First! 17% National Lab 9% 9% Livermore Valley Joint Tri-Valley Public 7% In 2019 the Mirador Tri-Valley Unified School Dist. Median residential rent Index outperformed the S&P Oracle 2 Companies San Francisco $4,224 Patelco Robert Half International Search for OAK when shopping Tri-Valley Bay Area Silicon California 500 by over 400 basis points, Valley Ross STORES Over the last 20 years, public companies in the San Mateo $3,685 returning 33% in price growth. Safeway Tri-Valley have experienced astonishing levels of Marin $3,565 Sandia National 3 Highersuccess. educationMirador created the Mirador Tri-Valley Index Collectively, the companies inLaboratories Adopt an OAK First corporate travel policy Percent(MTVX) with in a 2015 bachelor’s to track degree performance or higher through a rules- Santa Clara $3,297 San Ramon Valley Unified the index generated over $170School District based index comprised of publicly traded compa- Tri-Valley $3,158 Stanford Health Care – nies in the Tri-Valley region. Mirador Capital Partners billion in revenue, created over 33% ValleyCare subsequently created the 47%Mirador Tri-Valley Strategy TRINET 4 $54 billion in shareholder value,Workday Ask visiting clients to fly OAK (MTVS)60% as an investment vehicle for our clients to Median home price Zeiss invest in these same companies. and generated over 1,000 San Francisco $1.58M Silicon Valley Look Who Else Is TheTri-Valley Tri-Valley’s publicly traded companiesBay continuedArea new jobs. Innovating Here their phenomenal performance through 2019. San Mateo $1.51M 5 Encourage visiting friends and family to fly OAK, too MTVX is comprised of a diverse set of companies,10X Genomics Mirador Tri-Valley Index witMarinh a concentration$1.27M in cloud computing, life Amazon AT&T MiradorMirador Capital Tri-Valley Partners Indexinvests (MTVX)in Tri-Valley vs companies. S&P 500 sciences, and advanced manufacturing sectors. Santa Clara $1.24M Boeing Performance in recent years was driven by strength 12001200 Cisco 6 inTri-Valley each of these$1.0M sectors, but also by acquisitions Comcast 33% Ellie Mae Execute corporate sales contracts only with 10001000 of MTVX companies at significant premiums as 2019 price growth of MTV index GE Digital companies around the world sought to gain strategic airlines that serve OAK Tri-Valley companies IBM 800800 advantages from technologies developed in our John Muir Health Commercialcommunity. rents Metlife 600600 $375 million 7 Monthly off ice rents per square foot MTVXMirador Morgan Stanley Make your voice heard, answer airline surveys 2019 MTV investment in Tri-Valley Despite recent dislocations in the financial markets,Oracle 400400 Tri-Valley companies Index affirming your preference for OAK the long-term outlookRent/sf for theseVacancy local ratecompanies Robert Half remainsTri-Valley bright. Across$2.80 the board,10.2% we consider theirSaba 200200 S&P500 SAP S&P 500 balance sheets to be healthy in that they are not San Francisco/ $5.92 5.4% Snowflake 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 highlyPeninsula leveraged when compared to their peers. 2007 ’08 ’09 ’10 ’11 ’12 ’13 ’14 ’15 ’16 ’17 ’18 ’19 Tesla Many are also operating in segments that either Toshiba Returns on MTV index vs S&P 500 San Jose/ $5.18 5.0% Toyota MTVX Returns havSilicone strong Valley secular growth drivers or would do well Vericool 20192019 Trailing3-year 3 yrs 10-year Trailing 10 yrs in an economic recovery. Wall Street also agrees, MTVX 33% 208% 962% Verizon MTVX 33% 208% 962% asOakland publicly-traded$4.63 Tri-Valley c7.0%ompanies hold an S&P 500 29% 144% 290% S&P 500 29% 144% 290% average “Buy” rating from the analyst community.14

Data courtesy of Mirador Capital Partners and their 2020 research on Tri-Valley investment activity. Full report can be found at miradorcp.com. Additional data supplied by the Bay Area Council Economic Institute as published in the TRIVALLEY RISING REPORT.

24 THE MIRADOR VIEW 2020 | TRI-VALLEY PUBLIC COMPANIES 14 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES

Open Spaces and Urban Advantages usiness leaders are attracted to Tri-Valley and East Bay. “In the U.S., in recent decades, areas that have sig- the region for its entrepreneurial nificant airports close-by have thrived. And so have the B spirit and innovation, while companies that directly benefit from that convenient and OAK employees love the life style and reliable access,” said Bryant L. Francis, Port of Oakland is ideally Director of Aviation. amenities that come with living here. OAK is the closest major airport to the Tri-Valley, easily positioned accessible by road or the BART network. Using the closest not only to “In this growing world of working from home, or at airport to home is not only a convenient but also an envi- least as close to home as possible for a richer, higher qual- ronmentally responsible choice. help Tri-Valley ity of life; the Tri-Valley scores big on all fronts,” said Tracy “OAK is ideally positioned not only to help Tri-Valley Farhad, president and CEO of Visit Tri-Valley. companies use its staff time more effectively but also help companies use “The Tri-Valley provides all the Tri-Valley attract more com- staff time more the urban advantages without panies recognizing that a nearby, the congestion and hustle of easily accessible thriving inter- effectively but urban living. That translates to national airport is a true asset,” also to help open space, parks, hiking and Francis said. biking trails, wide streets and For Read Phillips, owner of the Tri-Valley five downtown districts with Beets Hospitality, the leisure attract more shopping, fine dining and craft options in the Tri-Valley mean breweries such as Altamont there is something for everyone companies” Brew,” said Farhad. to enjoy. “There is a great com- Bryant L. Francis, Accessibility is invariably cit- bination of both slow-paced Director of Aviation, ed as a key benefit of Tri-Valley mobility and enough cultural Port of Oakland life too. Central to this is nearby opportunity to feel engaged but Oakland International Airport not frantic,” she said. (OAK). Corporate events for leaders The proximity of a major air- from LinkedIn, Roche Molecular port is a crucial element of the and Kaiser Permanente frequent VISIT TRI-VALLEY TRI-VALLEY VISIT local economy, carrying peo- the calendar of the events and ple and goods in and out of the catering company that Phillips region. Passenger volume has founded, as they operate two decreased since March but as stunning venues in Livermore thoughts turn to recovery OAK Since 1883, the Wente Family has been wine country, Casa Real at Ruby will play an increasingly im- innovating in breathtaking Livermore Valley Hill Winery and the Palm Event portant role in the future of the Wine Country. Center in the Vineyard. Host to ADVERTISING SUPPLEMENT 15 TRIVALLEY ● OPEN SPACES ● URBAN AMENITIES

as many as 270 weddings in recent years, Phillips re- mains buoyant about the months ahead. “Our venues are very large, and we have beautiful outdoor patios for socially distanced events,” she said. “Our employees are working tirelessly with our dis- placed clients to secure new dates and we are so anx- ious to start servicing our guests again.”  e Wente family was producing wine and serving guests in the Livermore Valley, nestled in rolling the Tri-Valley region, long before the area was known by that name. Since 1883, the Wente’s have continually played an essential role in supporting and cultivat- ing the farming community as it blossomed into the thriving, innovative region it is today. CANDICE RANA  COURTESY OF VISIT TRIVALLEY TRIVALLEY VISIT OF  COURTESY RANA CANDICE “ e Tri-Valley and the Livermore Valley have been BEETS HOSPITALITY BEETS our home for 137 years,” said Aly Wente, director of marketing at Wente Vineyards.  e Livermore Valley is excellent wine-growing terrain.  ere is regular morning fog and, uniquely in California, the valley runs west-to-east. Every after- noon a breeze rolls in directly off the San Francisco Casa Real is a favorite Tri-Valley corporate event space. Bay to cool the grapes.  e Wente Family has brought home international wine awards for decades and their vineyard tours and tasting rooms are a major draw for locals and tourists alike. Our venues are very  e Wente team has been highly innovative in re- cent months bringing fi ve generations of wine-wis- large, and we have dom directly to people’s homes, as they have ramped beautiful outdoor patios for up online sales and launched their own virtual wine tasting app. socially distanced events.” “We’ve learned a lot in the last few months,” Wente Read Phillips, owner of Beets Hospitality said. “We really look forward to seeing our customers and friends again at the property.”

Local Investment Benefi ts Local Entrepreneurs

elationships are a central part of incubators and accelerators propelling the Tri-Valley Ventures invest- entrepreneurship across the region. R ment strategy – they rarely back a Hitchan sees increasing opportu- TRIVALLEY company or founder they don’t already nity for the Tri-Valley to attract and k n ow. welcome early-stage businesses and JOBS OPEN “ e idea of local investors ben- investment opportunities. Access to efi ting from the success of local a highly skilled and educated work- companies was certain- force, coupled with TODAY ly appealing to our ini- reasonable real es- tial investors,” said Greg I think it tate and a vibrant Hitchan, co-founder and is just going to innovation culture, At Companies You’ll Love to Work For managing partner of make the region Connect to job opportunities in the TRIVALLEY Tri-Valley Ventures. facilitate more attractive to busi- right now and join one of the most vibrant “Most of the companies and more local nesses seeking to and dynamic communities in the Bay Area. we invest in are people grow. we’ve known for a while,” startups.” “ is is such a See what companies are hiring! said Hitchan. Greg Hitchan, highly concentrated “Silicon Valley start- Co-Founder and Managing group of entrepre- ed with companies that Partner, Tri-Valley Ventures neurs and techni- TRIVALLEYCONNECT.ORG knew each other, a hand- cal expertise that I ful of investors, a handful think it is just going of companies, and grew from there,” to facilitate more and more local start- he said. “I think there are some par- ups,” Hitchan said. “And that’s the allels with the Tri-Valley in that opportunity we’re so well positioned sense, how an ecosystem starts with to play a signifi cant role in, being a handful of growing companies.” the fi rst and only regionally focused Known for being highly collabora- Tri-Valley venture fund.” tive and welcoming to new cohorts, Tri-Valley Ventures was founded in the region is now home to more than 2017 by Mirador Capital Partners to 450 technology companies, with two invest in early-stage, privately-held, national labs and dedicated startup local companies. 16 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES BUILDING A SAFER BAY AREA

Owner: Brookfield Properties Development I Photographed by: Club Soda Productions AUGUST 21, 2020 ADVERTISING SUPPLEMENT 17 TRIVALLEY ● OPEN SPACES ● URBAN AMENITIES Moving Forward with Light Rail ig infrastructure projects could play a vital role in the economic recovery from the Covid-19 pandemic. One of the biggest projects in the Bay Area, B the Valley Link Light Rail, already has a huge swell of support from communities, businesses and politicians. It may now be more needed than ever.

“We are moving forward with even more urgency from home,” said Haggerty. than before,” said Alameda County Supervisor Scott  e project will provide an estimated 22,000 jobs Haggerty. “It is critical to be as shovel-ready as possi- during construction with an associated economic im- ble as federal stimulus funding for infrastructure may pact of $3.5 billion. When operational, Valley Link be on the horizon.” would support 400 jobs per year, with labor income of  e Valley Link project would provide a public trans- over $19 million and $69 million in business sales annu- For many, port link connecting Central Valley communities to the ally, Haggerty said. cities of the Tri-Valley and the BART system. But the ben-  ose kinds of numbers look appealing in an ailing transportation efi ts extend far beyond logistics. economy desperate for growth. is more than An estimated 93,400 Bay Area “Valley Link is now even more vital to our economy workers now live in Northern San given the recovery needs we are now facing,” Haggerty getting from Joaquin County.  e only commut- said. And the downturn facing much of the economy point A to B. ing option is the Altamont tunnel could make this the ideal time to invest in large scale in- and already clogged road networks. frastructure. It supports Pre-pandemic commute times aver- “It is very likely that Valley Link can take advantage of equality. aged 78 minutes each-way. the current favorable bid climate to get the project con- Tim Sbranti,  e cost to the environment, structed at savings of potentially hundreds of millions of It connects us. Director of economy and families is clear. dollars,” said Tim Sbranti, Director of Strategic Initiatives Strategic Spread over a year those commute for Innovation Tri-Valley Leadership Group and former It gives many Initiatives, ITV Leadership Group; times average out to 28 days spent Mayor of Dublin. the hope for a former Dublin sitting in traffi c. “ is includes those Bay Area traffi c is predicted to increase 75% from 2016 mayor delivering essential services to the levels by 2040, which Sbranti feels will have a negative better future.” Bay Area - fi refi ghters, police, nurs- impact on the local economy. In addition to the econom- Scott Haggerty, es and teachers, many of whom have been priced out ic impacts, Sbranti also notes that given the capacity of Alameda County Supervisor of the communities they serve by rising housing costs,” Valley Link to carry 28,000 daily rides it could make a Haggerty said. potentially huge contribution to greenhouse gas emission  e Valley Link project could open up this system and reductions. bring some much-needed workforce housing develop- “We all benefi t from improved air quality and a cleaner ments with it. environment,” Sbranti said. “Furthermore, If meaningful “ e time to advance this aff ordable, cost-eff ective connections like Valley Link aren’t made soon between solution is now - estimates show each year of delay could where people actually can aff ord to live with where they The Valley Link project would provide a public escalate cost by approximately $60 million per year” Hag- work, it is very likely that many Bay Area companies will transport link for more gerty said. simply leave the region.” than 93,000 Bay Area When the pandemic shutdown large swathes of the For Supervisor Haggerty, Valley Link represents some- workers who now rely economy in March, traffi c on California highways plum- thing deeper than a rail line between the Tri-Valley and on a single highway for meted. Now, four months later, roads are starting to get San Joaquin County. their commute – at an congested again. One of the fi rst segments to experience “For many, transportation is more than getting from average one-way drive this congestion was I-580 and the Altamont corridor. point A to B,” he said. “It supports equality. It connects us. time of 78 minutes. “We have essential workers and others in the service It gives many the hope for a better future.” sector who simply do not have the option of working VALLEYLINK RAIL VALLEYLINK on your list of safe places to go

“Stanford Medicine is probably one of the safest places you can be. We are taking every precaution.” —Mary Hawn, MD | Chair of the Department of Surgery, Stanford Medicine

 At Stanford Health Care – ValleyCare, we are raising standards at all of our locations to  create a safe environment for our patients and staff.  Star • Employees are tested for COVID-19 • Waiting rooms and clinics are arranged

 QUALITY  RATING using methods developed by Stanford for physical distancing. RATED BY THE CENTERS for Medicine. MEDICARE & MEDICAID SERVICES • A restricted visitor policy and expanded

Awarded the highest quality • Every individual entering our facilities access to video visits limit the number of ranking by the Centers for Medicare is given a mask and screened for people passing through. & Medicaid Services (CMS) symptoms of COVID-19. Those with • Patients are tested before all procedures symptoms are directed to a separate and surgeries and when visiting the waiting area. emergency room. • Appointment check-in is available • Enhanced cleaning measures are in through the MyHealth app, reducing place, utilizing chemicals and UV light. patient queues and use of shared devices. • Specialized filtration systems eliminate • Medical teams have sufficient personal the circulation of airborne contaminants. protective equipment (PPE), including gowns, gloves, and masks.

We are prepared to provide healthcare through this crisis, with safe in-person care and convenient video visits.

To learn more about how we are adapting care, visit: stanfordhealthcare.org/resumingcare

VC_COVID19_RC-SafePlaces_StateTriValley_10.25x15_AD.indd 1 8/10/2020 8:48:24 AM AUGUST 21, 2020 ADVERTISING SUPPLEMENT 19 TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES on your list of safe places to go BISHOP RANCH

“Stanford Medicine is probably one of the safest places you can be. We are taking every precaution.” —Mary Hawn, MD | Chair of the Department of Surgery, Stanford Medicine A Better Place To Work At Stanford Health Care – ValleyCare, we are raising standards at all of our locations to  he coronavirus has caused people The ’20-minute’ lifestyle – housing, work, schools,  retail, and leisure in close proximity – is going to be create a safe environment for our patients and staff. to reconsider the importance  increasingly appealing, he said. After Covid-19 the op- Star • Employees are tested for COVID-19 • Waiting rooms and clinics are arranged of where they live and work. portunity to spend time with family friends will see re-

 QUALITY T

gions like the Tri-Valley grow in popularity.  RATING using methods developed by Stanford for physical distancing. Quality of life is not an abstract “As aging millennials start families, they want to live RATED BY THE CENTERS for Medicine. concept in a global pandemic. in communities that support and complement their MEDICARE & MEDICAID SERVICES • A restricted visitor policy and expanded active lifestyles,” Mehran said. Awarded the highest quality • Every individual entering our facilities access to video visits limit the number of Until very recently, urban office space and the ame- In recent weeks three companies from Silicon Val- ranking by the Centers for Medicare nities of city life, dominated discussions in Bay Area ley and San Francisco have selected Bishop Ranch to is given a mask and screened for people passing through. real estate. But that might be about to change. provide satellite and regional office space for employees & Medicaid Services (CMS) symptoms of COVID-19. Those with “The pandemic has prompted a shift in priorities living in the East Bay. And Mehran is confident other • Patients are tested before all procedures symptoms are directed to a separate for employers and their employees in favor of locations companies will follow suit, “we look forward to wel- and surgeries and when visiting the that allow for a more balanced life and more space, coming them,” he said. Companies waiting area. particularly at home,” said Alexander Mehran, Jr., As economies begin to reopen, developments like emergency room. president and CEO of Sunset Development Company. Bishop Ranch offer facilities that will suit the ‘new nor- are looking for • Appointment check-in is available Space plays a crucial role in contemporary thinking mal.’ Sunset Development has partnered with John Muir premium workplace • Enhanced cleaning measures are in about work-life balance. In urban environments it is at Heath and Contra Costa Health Services to implement through the MyHealth app, reducing place, utilizing chemicals and UV light. a premium, for companies exploring other options, it is safety measures including daily temperature checks and environments patient queues and use of shared devices. an increasingly valuable commodity. Q&A screenings at individual office buildings. that will enhance “Companies are looking for premium workplace en- The tallest building at Bishop Ranch is five sto- • Specialized filtration systems eliminate • Medical teams have sufficient personal vironments that will enhance the lives of their employ- ries, meaning there are fewer safety challenges like the lives of their the circulation of airborne contaminants. ees by offering a healthy work-life balance. They under- continued on next page employees by protective equipment (PPE), including stand that doing so ultimately gowns, gloves, and masks. helps them attract and retain offering a healthy top talent,” Mehran said. work-life balance.” We are prepared to provide healthcare through this crisis, with safe in-person care The Tri-Valley, with its unique mix of high-tech com- and convenient video visits. Alex Mehran, Jr., President and CEO, panies and research facilities, Sunset Development Company proximity to San Francisco, Silicon Valley and nature, ex- cellent schools and affordable To learn more about how we are adapting care, visit: housing (by Bay Area stan- stanfordhealthcare.org/resumingcare dards), could be set to bene- Tri-Valley premium office fit as businesses pursue more complexes offer expansive suburban office space. BISHOP RANCH outdoor areas as well as spacious, Mehran leads Bishop Ranch, contemporary buildings. the largest mixed-use business Top: Bishop Ranch lake and dock. park in Northern California. Left: Bishop Ranch offices.

VC_COVID19_RC-SafePlaces_StateTriValley_10.25x15_AD.indd 1 8/10/2020 8:48:24 AM 20 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES HACIENDA OWNERS ASSOCIATION OWNERS HACIENDA

Pleasanton’s Hacienda Business Park provides ample space, whether for a single office or an extensive campus for a company headquarters.

continued from previous page James Paxson, general manager of the “I firmly believe that ‘place’ matters,” he multi-story elevators. Ample parking Hacienda Business Park doesn’t focus on said. The history and design of the Tri-Val- means workers can minimize exposure the differences between urban and subur- ley commercial sector could see it grow in to public transport. As the Covid recovery ban workspaces, but rather on what they popularity in the future. begins developments of this type, care- share. “What I find particularly compelling fully constructed with space for people to “Both types offer advantages,” he said. about the Tri-Valley is the attention to place work safely, could become an increasing- “And in recent years they have increasing- that has been paid in the creation of the liv- ly prominent part of the future. ly come to borrow from and mimic each ing and working environments found in the “The suburban design characteristics of other.” High-rise towers with rooftop gar- area,” Paxson said. Bishop Ranch eliminate some of the prima- dens and bespoke coffee shops in business “Both civic and business leaders have ex- ry safety challenges of our urban counter- parks are no longer avant-garde design ercised a great deal of care over the years in parts,” Mehran said. “Companies are start- features, though. how the Tri-Valley has developed and that ing to realize the benefits and advantages of Paxson sees space becoming increas- thoughtfulness is witnessed in the outstand- having office space in the suburbs.” ingly important in the post-Covid market. ing location you see on the ground today.” Tri-Valley Tech Jobs Today ith hundreds of technology companies, two national labs and an abundance of W startups, it is hardly surprising that the Tri-Valley is a hub for tech jobs. In July, in the midst of an economic downturn, dous opportunity, and to make sure it is easy for all there were over 800 positions listed on the Tri-Val- The kinds of people from all types of backgrounds to ley job portal. choose the Tri-Valley,” he said. “The Tri-Valley offers life changing career - op plethora of tech With San Francisco and Silicon Valley a short, portunities right now,” said Lynn Naylor, CEO of job openings is reverse-commute away, housing options across five Innovation Tri-Valley Leadership Group (ITV). evidence that city markets, a host of wineries, craft breweries, “Tri-Valley leaders are already delivering essential dining and retail options, it is not hard to see why economic recovery opportunities for the Bay Area.” companies the Tri-Valley is attracting younger demographics. “The plethora of tech job openings is evidence For Cardwell, this attraction carries responsibili- that companies located in the region are having a located in the ty. It is not enough to build great places for people to lot of success,” said Brandon Cardwell, Executive region are work if other areas of life are neglected. Director of i-iGATE Innovation Hub. “Struggling companies don’t do a lot of recruiting.” having a lot of “This means investing in the community assets that have made the region such a great place to live Cardwell is executive director of i-Gate success.” Innovation Hub that, together with Innovation Tri- so far, as well as understanding what the next gen- eration’s skilled workforce will expect from a mod- Valley Leadership Group, sponsors a job board on Brandon Cardwell, trivalleyconnect.org. Executive Director, i-Gate ern community,” Cardwell said. “Our collective challenge as evangelists is to Innovation Hub spread the word the Tri-Valley is a place of tremen- To find out more, visit TRIVALLEYCONNECT.org AUGUST 21, 2020 ADVERTISING SUPPLEMENT 21 TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES Health Care & Biotech

Stanford Health Care–Valley Care: Rick Shumway, CEO, Stanford A partner with cities to fight Covid-19 Health Care – ValleyCare s residential and commercial populations in the Tri-Valley contin- ue to grow the need for healthcare services also increases. Stanford A Health Care’s 2015 move into the Tri-Valley market was timely. The Covid-19 pandemic makes it even more so. Stanford Health Care – ValleyCare CEO Rick Shumway started his tenure in February 2019. The response to the pandemic, from his - or CHRIS JAMESON ganization and others, has played a crucial role in efforts to control the coronavirus locally. “The conditions in which we are working due to Covid-19 requires the best of all of us,” Shumway said. “I’ve been so inspired by how our region has come together to meet the current challenges and am honored that Stanford Health Care – ValleyCare is able to be a part of that.” Covid-19,” Shumway said. In partnership with the cities of Pleasanton, Livermore, and Dublin, the “There are a very limited number of clinical trial sites in the world that Alameda County Fairgrounds, and the County of Alameda, Stanford was are evaluating the efficacy of this drug, and we are fortunate that patients able to build and operate a Covid testing site serving the region. in our community are in a prime position to access these rapidly evolving “While we’ve been honored to be able to participate as the clinical and treatments and trials at Stanford Health Care - ValleyCare.” operational arm of this effort, the funding support for this testing site has This trial could potentially have huge benefits for patients. “The ability been crucial,” said Shumway. “We are grateful for the support of our local to take advantage of these types of opportunities and offer our community cities, as well as Alameda County, which has enabled us to continue to pro- access to groundbreaking research is an incredible opportunity, and truly vide this critical service for our residents.” matches the DNA that is built into our Tri-Valley region,” Shumway said. Stanford is also part of an NIH-sponsored clinical trial of the poten- Shumway joined Stanford from University of Cincinnati Medical Center tial Covid-19 treating antiviral drug, Remdesivir. The Stanford facilities in and feels that the spirit of innovation and collaboration in the Tri-Valley Pleasanton are among very few in the world taking part in this research. offers hope for the future. “I very rarely hear anything in our communities “What this practically means is that our organization, and our region, that sounds myopic,” he said. “People are constantly looking for ways to are at the cutting edge of the medical research around how to best treat advance as a whole.”

Donor Network 10x Genomics: Tri-Valley West: Advancing a lifesaving mission was a strategic choice he mix of science, medical and biotech companies in the onor Network West is based in San Ra- Tri-Valley, coupled with a tradition of innovation, make it mon and serves 40 counties in north- T an ideal place for health organizations trying to explore D ern California and northern Nevada. new ground. The organization partners with universities Medical research tools maker 10x Genomics, demonstrates and research facilities across the Bay Area to this better than most. Of 147 companies that went public in explore treatment for organ failure. 2019 the 10x Genomics IPO outperformed 90% of them. In the “The vicinity of our offices to critical This strategic life sciences tool and services sector it was miles ahead. partners including hospitals and surgical location provides The decision to base in Pleasanton was a choice that- ac centers, in addition to knowledges their commitment to recruiting the best talent, the many innovative close proximity to keeping employee morale high and not being afraid to ignore organizations within a stable educated industry trends. the Tri-Valley region, “Unlike other biotech companies that have clustered in allows us to continue workforce, South San Francisco and Emeryville, 10x Genomics deliberately to advance our life- affordable chose to be in the Tri-Valley,” Ben Hindson, 10x Genomics Chief saving mission to save Scientific Officer, President and Co-Founder said. “This strate- and heal lives through housing, and gic location provides close proximity to a stable educated work- Janice F. Whaley, organ and tissue do- a location that force, affordable housing, and a location that allows us to draw CEO, Donor nation for transplan- talent from across the Bay Area.” Network West tation,” said CEO Jan- allows us to draw Pleasanton ticked a lot of boxes. ice F. Whaley. talent from across “The availability and cost of space is key,” Hindson said. “We During the pandemic Donor Network are a life sciences company and need a lot of lab and office space.” West has continued to work with hospitals, the Bay Area.” The location, in easy reach of the South Bay and San Francis- medical staff, funeral homes and coroners, co, was another consideration. As was the Tri-Valley real estate to recover organs and tissue for transplan- Ben Hindson, market and broader quality of life. “The affordability of housing tation and research. Chief Scientific Officer, President and the good schools have been key for our employees, particu- and Co-Founder, 10x Genomics “While we are not recovering organs from larly ones with young children,” Hindson said. patients with active Covid-19 infections, we 10x recruits from chemistry, biology, hardware, software and are still fulfilling the generous wishes of many manufacturing. With such a varied demographic in mind, mov- others who choose to be donors to save the ing to the Tri-Valley made sense. “Pleasanton is at the nexus of lives of those in need,” Whaley said. talent that we need in these areas,” Hindson said. 22 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES TRI-VALLEY ● OPEN SPACES ● URBAN AMENITIES

Prioritizing Student Success in a New Learning Landscape

he Chabot-Las Positas Community College ability to bring diverse stakeholders together to achieve District (CLPCCD) welcomed two new senior new goals. leaders to the region. Dyrell Foster, Ed.D., was Th e Las Positas College (LPC) campus in Livermore T engaged as President of Las Positas College ear- currently has nearly 8,500 day and evening students ly this year. Ronald P. Gerhard was named permanent enrolled. Th e College off ers curriculum for students chancellor of the District in April. seeking career preparation, transfer to a four-year col- Foster is a highly respected administrator on the lege or university, or personal enrichment. LPC also front lines of new initiatives and issues facing students provides university transfer classes, retraining classes Dr. Dyrell Foster, Ronald P. Gerhard, President, today including food and housing insecurity. He has a for those in need of employment or career advance- District Chancellor Las Positas College passion for teaching and learning, and his career focus ment, a fi rst-time educational opportunity for many has always been student success. Gerhard has served adults, enrichment classes, and career and technical in multiple roles for the district including interim training for those entering the technical and parapro- chancellor, vice chancellor of business services for the fessional work force. district and vice president of administrative services Las Positas College excels in helping students trans- at Chabot College. Gerhard is highly regarded for his fer to other four-year institutions in California.

ocial impact and collaboration have long been hallmarks Tri-Valley Faces of of the highly respected school systems in the Tri-Valley. students Gen X and Z are leading the way in strengthening di- S versity and inclusion as pillars of education in the regions 98% schools as well. Students from Granada High School in Livermore High school Tri-Valley graduation rate. (shown here) have created Humans of Granada as a space to share a variety of stories, experiences, and ideals from all across our diverse * humanity, helping everyone learn from diff erent perspectives. Hu- 70% Students mans of LasPo brings together the Las Positas College community Of high school in a similar way. Th e programs were inspired by the internationally graduates Diversity enriches region’s known model, Humans of New York. meet USC/CSU high-quality schools @HumansofGranada @HumansofLasPo requirements

Berkeley Wayne Bobby Zepeda Calvin Fletcher Sej Sahu Class of 2021 Class of 2021 Class of 2020 Class of 2020

Rachael Burbach Chris Gonzalez Yatyn Anderson Paige Dawson Dillon Eng Class of 2023 Class of 2019 Class of 2019 Class of 2020 Class of 2017

Jared Tovera Hriday Sheth Liam Pierce Parker Anderson Class of 2019 Class of 2021 Class of 2021 Class of 2020

*Students shown are from Granada High School in Livermore AUGUST 21, 2020 ADVERTISING SUPPLEMENT 23 24 ADVERTISING SUPPLEMENT SAN FRANCISCO BUSINESS TIMES

Because boarding an airplane looks a little different right now.

For more than 40 years, Sensiba San Filippo has provided high-level accounting and advisory services to Northern and Central California. We’ve built a reputation as the go-to CPA firm that cares for the community, businesses, and people that make our region unique.

Let SSF handle your financial worry so you can get back to what’s important.

1ST & ONLY ACCOUNTING FIRM CERTIFIED IN CALIFORNIA ssfllp.com