San Francisco -
The City by the Bay
 
   
San Francisco - Business Information |
GDP per Capita: |
$ 58,000. |
Major Exports: |
Agricultural products
(soybeans, fruit, corn), industrial supplies (organic chemicals),
capital goods (transistors, aircraft, motor vehicle parts, computers,
telecommunications equipment), consumer goods (automobiles, medicines). |
Major Foreign Exchange Counters: |
Western Union and
American Express. |
Key Industries: |
Tourism, Gambling,
Entertainment, Service, Trade Show, Mining & IT. |
Major Industrial Areas: |
Ghirardelli Square, the
California Parks - San Francisco, Pier 39. |
Major Business Hubs: |
American Industrial
Center, Hang Gliding Center. |
Business Overview
San Francisco attracts the fourth-highest number of foreign tourists of any
city in the U.S. and claims Pier 39 near Fisherman's Wharf as the third-most
popular tourist attraction in the nation. Thus tourist industry is the
backbone of economy of San Francisco. With a large hotel infrastructure and
a world-class facility in the Moscone Center, San Francisco is also among
the top-ten North American destinations for conventions and conferences. The
legacy of the California Gold Rush turned San Francisco into the principal
banking and finance center of the West Coast in the early twentieth century.
Montgomery Street in the Financial District became known as the "Wall
Street of the West", home to the Federal Reserve Bank of San Francisco,
the Wells Fargo corporate headquarters, and the site of the now-defunct
Pacific Coast Stock Exchange.
San Francisco has been positioning itself as a biotechnology and biomedical
hub and research center. The Mission Bay neighborhood, site of a second
campus of UCSF, fosters a budding industry and serves as headquarters of the
California Institute for Regenerative Medicine, the public agency funding
stem cell research programs statewide. Bank of America, a pioneer in making
banking services accessible to the middle class, was founded in San
Francisco and in the 1960s, built the landmark modern skyscraper at 555
California Street for its corporate headquarters. Many large financial
institutions, multinational banks and venture capital firms are based in or
have regional headquarters in the city. With over 30 international financial
institutions, six Fortune 500 companies, and a large support infrastructure
of professional services including law, public relations, architecture and
design. Also with significant presence in the city, San Francisco is
designated as one of the ten Beta World Cities.
Major Business Centers
American Industrial Center:
The American Industrial Center is located just 1 mile south of AT&T
Park, home of the San Francisco Giants. This thoroughly modern sports
facility is designed to look like a classic, early 20th century ballpark. It
is also the only major league facility in Northern California designed
solely for baseball. The American Industrial Center is ideally situated in
Potrero Hill, with access to numerous existing transportation options, as
well as those currently planned for the near future. The evolution of the
American Industrial Center has its roots beginning as far back as 1915.
Hang Gliding Center:
Whether you're looking for exciting things to do in San Francisco, are an
extreme sports lover, or are taking a vacation in California, get into
airports with an introductory tandem hang gliding or para gliding lesson
over the beautiful San Francisco Bay Area.
Pier 39:
There is something for everyone at PIER 39, San Francisco's topmost
Attraction, a festival marketplace with more than 110 stores, 13 bay view
restaurants, and variety of fun-filled attractions for all ages including,
splashy sea lions, street performers and live daily entertainment. PIER 39s
two-level design complements one of San Franciscos most unique
shopping districts, featuring everything from NFL merchandise to jewelry and
imported chocolates. Activities and fun are endless in that place.
Major Commercial Areas
Ghirardelli Square:
Once a chocolate factory, now a historic landmark, Ghirardelli Square is
home to an exceptional collection of over 50 specialty shops, galleries and
award winning restaurants. Live entertainment and breathtaking views of the
San Francisco Bay and Alcatraz add to Ghirardelli Squares charm.
The California Parks:
The California Parks Companies is a privately owned corporation, which
staffs, manages, and operates park facilities under contract with local,
state or national agencies. In business since 1975, The California Parks
Companies began operating concessions in Lassen Volcanic National Park.
Today, operations have expanded to over 16 locations throughout California.
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