Click bait. They're moving ten miles south of their current office ...
Click bait. They're moving ten miles south of their current office ...
Click bait. They're moving ten miles south of their current office .
Their new location is not only outside SF but is in a different county. SSF is a distinct city in San Mateo county.It is a little confusing for me that the city owns or administrates a number of sites outside of what we think of as "San Francisco". It's not been clear to me if you "re-enter San Francisco" when you go to those places. I figured yes. A number of them have signs posted at entry that the city owns it, so it feels like a natural conclusion to make, as if a "now entering..." sign.
Of course, the big difference is that Stripe's current office is at the edge of SOMA and Mission Bay, within pretty short distance of the Embarcadero and Financial District. Their new office will be...a business park. No offense to business parks -- Bishop Ranch in San Ramon is unexpectedly lovely -- but they're rarely known for their vibrant cafés, restaurants and nightlife.
You're going from a local commute to bart -> walking to the office, to a local commute to bart -> going to a station that is skipped by 3/4 of bart lines (ie requires an xfer for Antioch, Pleasanton, or Fremont) -> a shitty bus. NB: Bart is ass and generally is too incompetent to align train and bus schedules.
This adds probably at least 45 minutes each way for anyone coming from SF or East Bay locations and using public transit. It's an enormous downgrade.
How do you think most East Bay commuters are getting to San Francisco?
Personally, I take casual carpool, https://sfcasualcarpool.com/, to work and a transbay bus home. Total cost is $6.50/day, which is cheaper than commuting by Bart, and because I live 30 mins walking from Bart, it is also much faster.
South city may as well be the middle of nowhere transit-wise but the difference between taking BART to Market St vs SSF isn't all that big.
I'm struggling to figure out how a one hour increase in commute time isn't a big deal. Without even discussing the local bus.
I disagree with your last statement. BART is 4 miles from oyster point, so you would have to take a shuttle. I'm going to assume that is at least 20 minutes more, if I'm being generous. So, for me, that would equate to about a 90 minute commute each way, at a minimum, where as a commute to Market street via BART would be about a 50 minute minimum. 80 minutes per day is not a trivial amount of time for me.
Overall, I'm not sure what the argument here is. That a lot of people take BART? That we should be ok with more commute time?
Bay Area needs more robust interconnected public transit, and higher density housing near transit hubs.
I don't think what you're saying contradicts anything that I said -- I said that the move to SSF makes it more difficult to commute via BART, but that it was too strong to say that it "eliminates" the possibility of doing so.
In any case, I really suspect that if companies keep moving to the SF Bay Area and keep growing, they're going to have to start moving to places that are out of the city. The rent per square foot in SF is approaching $85/ft^2, the highest it's been since the original dotcom boom; downtown San Jose is around $60/ft^2, better but not that much better. But places like San Ramon, Fremont, non-downtown San Jose, and yes, South San Francisco are around $30/ft^2. Some would argue that staying in the Bay Area at all is silly for tech companies at this point; while I don't think I'd make that argument, if I had several hundred employees to find space for, I just don't think I'd do it in the City.
Just to give you an idea, according to Google Maps from where I live (Hayes Valley, a pretty central area) it'd take me right now 11 minutes on a car to get to Stripe's headquarter or 33 on public transit. At the new location it'd take me "between 30 minutes and 1 hour" or 1 hour 9 minutes respectively. The driving estimation is super variable because commuter traffic in that corridor is a nightmare.
So no, this is most definitely not click bait.
But it seems fair to speculate that it could be part of a slippery slope.
And it might have pretty substantial impact on the city of San Francisco (the governmental entity).