Approximately 11,000 homes in San Francisco's Richmond, Presidio, and Golden Gate Park experienced a power outage on December 28, with most power restored within a few hours. This marks the third outage in the city within eight days, caused by transformer issues, and highlights ongoing concerns about PG&E's reliability and the city's call for infrastructure control. PG&E offered compensation to affected residents, while local officials criticized the utility's handling of the outages.
Trump officials are considering significant changes at Alcatraz, while the Presidio benefits from a successful public-private partnership model that supports its maintenance and operations, contrasting with the broader challenges faced by the National Park Service under the current administration, which has seen a substantial reduction in staff.
Venture capital firms in San Francisco are increasingly moving away from downtown and finding new homes in the Presidio, a former military base-turned-national park. The shift is driven by factors such as the pandemic, urban decay, and changes in the tech industry. The Presidio offers a safer and more serene environment compared to downtown, with lush greenery, panoramic views, and federal police patrolling the area. Some venture capital firms believe that the scattered nature of startup founders since the pandemic makes it less necessary to stay downtown. Despite being more expensive than downtown, the Presidio has a lower vacancy rate and is attracting interest due to its amenities and beautiful surroundings. However, some firms remain committed to downtown and are partnering with local businesses to revive the tech corridor.
