Google's commitment to San Jose includes a $5 million contribution towards community benefits, focusing on stability and job opportunities for under-resourced areas.
While the Downtown West Project is still on hold, Google plans to invest $155 million in public benefits should it proceed, adding significant economic value.
The addition of 10,000 high-paying tech jobs from the project would create a substantial economic impact on Downtown San Jose, considerably outweighing the investment.
The Community Stabilization and Opportunity Pathways Fund, receiving $4.25 million, aims to support under-resourced communities facing rising costs in San Jose.
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