Why California Is Such a Talent Magnet

> It focuses primarily on redeveloping 35 downtown blocks into a vibrant working and living space that can be used by entrepreneurs and creatives

Or in a word: Gentrification...

If it isn't what they're trying to do then someone explain to me what it is they're trying to do. Because it sounds to me like they're trying to change 35 downtown blocks from whatever they're now (presumably mixed class housing) into something specifically designed for affluent young professionals.