Stanford Research Park marks 75 years as Silicon Valley innovation engine

Stanford Research Park celebrated its 75th anniversary on Oct. 21-22 at The Hub. The 700-acre Palo Alto park, owned by Stanford University, houses 150 companies and roughly 23,000 employees and has hosted firms like HP, Varian, NeXT, Theranos, Facebook/Meta and Tesla. It generates approximately $25 million annually for Palo Alto's general fund, $30 million for schools, $30 million for county/regional districts and $20 million for the state. Stanford's new General Use Permit application proposes over 500 housing units, a step toward addressing the local housing shortage.

Source

Palo Alto Online

Stanford Research Park celebrates 75 years as Silicon Valley's engine of innovation

Stanford Research Park, which sits on land owned by Stanford University, celebrated its 75-year anniversary in a two-day celebration on Oct. 21 and 22. The festivities commemorated the park’s unique 1951 origin story and its present-day status as a “cradle of innovation and technology."

Summarised from Palo Alto Online. Read the original article →