Tri-Valley growth is not a recent phenomenon. The area’s history tells a story of steady geographic appeal, providing resources for economic development and a high quality of life.
In the 1960’s, the explosive growth of pioneering San Francisco Bay Area companies like HP and Intel brought a new generation of skilled workers to the Tri-Valley. Now, we see expansion driven not only by companies relocating to the Tri-Valley region from San Francisco and Silicon Valley, but also from nascent companies originating in the Tri-Valley itself.
The Tri-Valley is leading the Bay Area, and the state of California, in job growth, income, quality of life, and growth in venture capital investment.2 From 2000 to 2015, Tri-Valley population growth increased by 37%, nearly tripling the Bay Area’s 13% growth.3 Over the same period, the Tri-Valley created approximately 40,000 jobs, increasing employment by 21% versus overall Bay Area job growth of 3%.4 This job growth has also led to the Tri-Valley boasting the lowest unemployment rate in the region of 2.7% in 2016 compared to 4% in the Bay Area overall.5