Downtown San Jose business / office space is owned by a few agencies who aren't interested in working with the local business to build a better downtown, but instead are interested in kicking them out as much as possible from their leases to renovate and bring in all the other random non-local-built conglomerates into downtown.
I know this as I have a friend who owns a local business in downtown SJ who is being kicked off their lease, as well as every other club, restaurants, and businesses who's buildings were bought last year buy a single agency.
Not everything needs some big company to come in to make everything better, all that actually does is bring in a whole new wave of business to benefit off of what was built by others who were crushed before them.