PLEASANTON – The Tri-Valley is on its way to becoming a long-term hub for a range of innovative and cutting-edge technology companies – but leaders in the East Bay region still have a long way to go to make this dream come true. .
The necessary work is embodied in what is called “Tri-Valley Vision 2040”, a far-reaching proposal that aims to radically transform the current East Bay dormitory community whose main cities are Livermore, Pleasanton, San Ramon, Dublin and Danville.
Innovation Tri-Valley Leadership Group is leading the charge to create an advanced technology-driven economy that is vibrant and can be sustainable for decades to come, according to Lynn Naylor, CEO of the group.
“The 2040 plan sets a strategic direction for the future that positions the Tri-Valley as a center of innovation,” Naylor said in an interview with this news agency. “We are excited to create an innovation ecosystem here. “
The catalysts for innovation belong to a diverse group, according to Naylor.
“Life sciences, advanced manufacturing, software are all here,” Naylor said. “The region is really booming.
The area is enhanced by huge shopping malls such as Bishop Ranch Business Park in San Ramon and Hacienda Business Park in Pleasanton, as well as legendary magnets for innovation such as Lawrence Livermore National Laboratory and Sandia National Laboratories, all two based in Livermore.
The challenges for the region are clear, but the solutions could be complex.
“You have to have an economics playbook that shows how you’re going to do a better job of attracting business, creating better infrastructure and improving education,” Naylor said. “We also need to address housing and ways to create more walkable communities. “
The Tri-Valley 2040 plan has five key objectives:
– Innovation involving business, transport, new homes and education.
– Affordable housing and inclusive and equitable transport, education and health systems.
– collaboration of the private and public sectors.
– a mix of suburbs and bustling downtown areas.
– a sustainable and resilient economy.
“In the past, the Tri-Valley was known for its vineyards, parks and trails,” said Rich Rankin, director of the office of innovation and partnerships at the Livermore Laboratory. “Today, the Tri-Valley has become a region known for its groundbreaking scientific discoveries, startups and a thriving innovation economy.”
The economic devastation unleashed by the coronavirus outbreak could also serve to create new catalysts for innovation in the Tri-Valley.
“The region is emerging from the pandemic with new perspectives and new ideas that will lead to solutions in clean energy, education, equity and inclusion, and integration of work and life” said Stephanie Beasly of the Sandia National Lab in Livermore.
The operations of numerous tech companies, some of which are true titans, dot the Tri-Valley landscape. Some are familiar names and others have more obscure titles.
“The Tri-Valley region has become a geographically strategic location for businesses to relocate and grow,” said Mark Triska, executive vice president of Colliers, a commercial real estate company.
Google and Lam Research operate the Livermore facilities. Workday and 10x Genomics are headquartered and expanding in Pleasanton. Snowflake and Callidus Cloud are located in Dublin. GE Digital and SAP have large operations in San Ramon.
Workday and 10x Genomics represent two of the recent success stories in the Tri-Valley. Both established their headquarters in Pleasanton and followed the establishment of those roots by sketching out expansion plans.
“We looked at the entire Bay Area to determine where to locate our head office and selected Pleasanton because of its ideal location and affordable price for families,” said Ben Hindson, Co-Founder and Scientific Director of 10x Genomics.
10x Genomics has purchased a site for a new large campus near its head office next to the Stoneridge Mall.
“The region gives us the opportunity to recruit top talent due to its proximity to San Francisco and Silicon Valley,” said Hindson.
The main goals of the Vision 2040 plan are to create a starting point for discussion as well as goals to be accomplished over a period of nearly two decades.
“The plan is really a snapshot of the horizon to give us a real idea of what radical change might look like in the Tri-Valley,” Naylor said.