San Francisco Bay - Regeneration

• San Francisco Bay is located on the west coast of the UK next to the Pacific Ocean
• In 2010 the median household income was 82,500 USD - this was 41% higher than the rest of the USA
• 46% of workers have an advanced degree
• San Francisco is a top 4 region for education in USA
• There are 5 universities and 26 colleges in San Francisco (high concentration of research universities)
• Only 4.8% of Bay Area is unemployed compared to a national average of 5.7%
• San Francisco has 2 international airports and the Port of San Francisco
• Between 1995 and 2011 capital investments in Bay Area rose from 450 million USD to 3 billion USD
• Bay Area receives 40% of all venture capital funding in the USA
• California is has been the worlds leading innovation centre for the last 60 years
• The arrival of tech companies has led to gentrification, pushing out low income workers
• There is an ongoing failure not to construct new housing, the average detached house in San Francisco is over 1 million USD