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San Francisco Is the Envy of Every City, Mayor Lurie Says
Bloomberg
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2 days ago
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00:00
Can you say today with any confidence and comfort that San Francisco is indeed back?
00:05
Here's what I would say is that we are on the rise. We have a lot of work to do. I am clear
00:12
eyed about our challenges. I saw them on the drive in today. I dropped my kids off in the
00:17
Mission District every morning and then I usually just go right to City Hall. Today I came down
00:22
Market Street, got out of the car a couple of times to, you know, talk to people that were
00:28
struggling on our streets. And so there is no question that for the first time in years people
00:36
feel a sense of hope and optimism. More people think we're on the right track than the wrong track.
00:41
But I'm not here to tell you that we don't. We're out of the woods. We have a lot of work to do. But
00:48
you all are here. Snowflake is across the street doing their conference. Databricks is coming here.
00:55
Open AI. I mean, we are the envy of every city on in the globe when it comes to business activity. So
01:04
it's happening. And the buzz is back in San Francisco. I think any company, any individual
01:12
that's had success or is doing business in the city has a responsibility to be part of the community.
01:17
You know, I, you know, much has been made of my background coming from Levi Strauss. That company
01:23
has been around for, you know, 160, 170 years, always part of the community. We have great companies
01:30
like Gap, Salesforce. Open AI is getting involved in the company. So yes, companies have a responsibility.
01:39
But government has a responsibility as well. And there needs to be partnership. And what
01:47
we did as a city was we took business for granted. And we thought, oh, we can just continue to
01:56
increase taxes, not deliver clean and safe streets, and they'll stay. Well, guess what? They left.
02:05
We can't take it for granted anymore. We're not. It's we're seeing businesses. We're seeing
02:11
jobs coming back to San Francisco. Coinbase famously left. They paid to leave. They paid
02:18
to leave. And now they're 150,000 square foot lease just a few blocks from here in Mission
02:23
Rock, which is taking off Visa. Another example of a company that really gets their responsibility
02:31
to investing back in the community. They're doing a lot around youth homelessness. And so
02:36
really, those executives over there, Ryan and Oliver Jenkin, they get it. And we need more
02:45
companies like that. That will lift all boats.
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