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Last updateWed, 06 Dec 2017 2pm

LARC prepares Matrix launch


Elizabeth Barcelos/Town Crier
Los Altos Research Center plans to open its doors next month to introduce the Matrix, a new data-sharing program that seeks to take on and eventually replace the internet.

While Peet’s Coffee & Tea on State Street bustles with customers, things are much quieter next door at Los Altos Research Center.

The storefront is usually empty and easy to walk past without noticing. You have to ring a doorbell to gain entry, if you’re lucky enough to score an invite.

Picking winning stocks can be a losing strategy

Here’s a simple question: Which has had better historical returns, stocks or one-month U.S. Treasury bills?

The answer is pretty much of a no-brainer. Since 1926, Treasury bills have returned a paltry 3.5 percent annually on average, versus more than 10 percent for the Standard & Poor’s 500 index. But that’s the average return for all large-company stocks.

Affordable housing shortage impacts Los Altos

Los Altos Mayor Mary Prochnow and Community Development Director Jon Biggs underscored the effects of the affordable housing shortage crisis on the community at the September meeting of the Silicon Valley Association of Realtors Los Altos-Mountain View District.

Although both Prochnow and Biggs touched on a number of issues, the shortage of affordable homes was the focus of their presentation.

Mtn. View's World Savings Plaza on the market

World Savings Plaza, the Mountain View shopping center at the intersection of San Antonio Road and El Camino Real anchored by Sprouts Farmers Market, is up for sale.

Marcus & Millichap will serve as exclusive adviser for the sale of the 2.8-acre, 34,700-square-foot center, which houses a mix of national retailers and local tenants.

Differences separate Generation Z and millennials as they enter workforce

There’s a new generation entering the workforce, and it’s one that employers will need to prepare for, as it’s 23 million strong and will flood the job market by the end of the decade.

Generation Z, born in the mid- to late-1990s, primarily to Generation X parents, is a confidence-filled group that doesn’t want to miss a thing, has the shortest attention span of any generation and isn’t quite as open as its predecessors – the millennials. Born in the early 1980s through the mid-1990s, primarily to baby boomer parents, millennials taught Generation Z that not everything needs to be shared online.

The face of San Antonio Road set to evolve in coming months


Megan V. Winslow/Town Crier
High rises loom over familiar views of the Milk Pail Market and Jo-Ann Fabrics and Crafts as construction continues apace at The Village at San Antonio Center in Mountain View.

Phase 2 of the high-profile Village at San Antonio Center continues to move toward a 2018 completion, according to a representative from the developer, the San Francisco-based Merlone Geier Partners.

The center, located on 20 acres at San Antonio Road and El Camino Real, already has a Safeway market, restaurants, assorted retail and 330 housing units, all completed in Phase 1. Still to come are another 80,000 square feet of restaurants and retail, a high-rise 167-room hotel, a 10-screen movie theater complex, a parking structure accommodating nearly 1,400 spaces and an estimated 450,000 square feet of new office space.


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