Palo Alto honored five Stanford Research Park property management companies for their leadership in sustainability on March 19, 2018.
Stanford University and the City of Palo Alto celebrated the opening of Mayfield Place, a project that provides affordable homes to eligible community members and retains locally owned services that benefit the broader community. The project embodies Stanford’s long-term vision for the Stanford Research Park to continue to modernize and evolve as a vital job center with housing and services.
Less than 20 years ago, a handful of Stanford and UC Berkeley grads occupied a 500-square foot space over a deli and launched a business that grew from five employees to more than 19,000 today.
StartX is a nonprofit accelerator in Stanford Research Park whose mission is to accelerate the development of Stanford University’s top entrepreneurs. This mentorship-focused enterprise takes zero equity, and of the over 300 companies launched there, 87% are still going strong.
When PARC opened its doors in Stanford Research Park in 1970, it revolutionized the way companies innovate. By creating an environment that fostered collaboration and an easy flow of ideas among its scientists, the pace of invention was accelerated unlike any other lab in the country. PARC continues the tradition today at Stanford Research Park.
Detroit, Michigan is synonymous with the birthplace of the automotive industry, while Palo Alto, California is quickly becoming one of the innovation and technology centers shaping the automotive industry of the future.