A recent article discussed the high vacancy rate of downtown San Jose office space (roughly a quarter vacant). One concern mentioned was the cost of parking - San Jose is one of the few places other than San Francisco and Palo Alto that charge for parking.
San Francisco is served by extensive public transit. Palo Alto has decent transit, and a large number of cyclists and pedestrians. San Jose has... well extensive car-centric infrastructure, and not much that is appealing. Public transportation is limited. Sure there is a light rail, but 15 minute service? And where does it go? A few park and rides and other business parks.
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