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Coronita.
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March 24, 2022 at 6:15 PM #824613March 24, 2022 at 7:09 PM #824614
limkotir
ParticipantSalk Institute, Scripps Research, and UCSD form a solid 3 legged stool of world renowned life science research institutions for high tech zone of Torrey Pines, UTC and Sorrento Valley.
One quick glance on their respective wikipedia pages will tell you:
Salk – … consistently ranks among the top institutions in the US in terms of research output and quality in the life sciences…In 2004, the Times Higher Education Supplement ranked Salk as the world’s top biomedicine research institute, and in 2009 it was ranked number one globally by ScienceWatch in the neuroscience and behavior areas.
Scripps – …The institute holds nearly 1,000 patents, and has generated over 50 spin-off companies. According to the 2017 Nature Innovation Index, Scripps Research is the #1 most influential research institution in the world. The Scripps Research graduate program is ranked 10th nationally in the biological sciences, 5th for organic chemistry, and 2nd for biochemistry.
UCSD – … According to the National Science Foundation, UC San Diego spent $1.354 billion on research and development in fiscal year 2019, ranking it 6th in the nation… As of February 2021, UC San Diego faculty, researchers and alumni have won 28 Nobel Prizes, the second most of any UC campus
People may not know or realize UCSD life sciences is one of the best in the world. I would guess it’s the nicest place to live and work among all the schools in this top 10 list — it’s only in La Jolla / Torrey Pines.
Top 10 schools in research spending
Johns Hopkins University: $3,110,494,000
University of Michigan: $1,673,862,000
UC San Francisco: $1,651,073,000
University of Pennsylvania: $1,579,364,000
University of Washington: $1,456,902,000
UC San Diego: $1,403,735,000
UCLA: $1,392,941,000
University of Wisconsin: $1,363,931,000
Harvard: $1,239,983,000
Stanford: $1,203,950,000
Source: NSFMarch 24, 2022 at 7:28 PM #824615sdrealtor
ParticipantLife sciences is definitely the biggest strength. Lots of money for tech pouring into UCSD also. It’s already very good but seems poised for a leg up in tech, engineering and CS. Also Renowned for marine biology, theater and data science among others. Would surprise many to know more Broadway plays start in SD than anywhere else in the country mostly because of LJ Playhouse on campus. The latest show to premier Bhangin’ It seems destined for Broadway. There is so much going on at that campus it’s amazing. It’s growing in every direction and every way
March 24, 2022 at 7:50 PM #824616CoronitaParticipantYes, I was being sarcastic limkotir 🙂
I’m telling you folks. San Diego 20 years ago might have been a hidden gem low cost beach city with a small airport.
It’s grown up. Beach + high tech/life sciences… I don’t see how the cost of living here is going to go back down.
What does a place like Irvine offer that San Diego North County does not? I can’t think of many.
People say Irvine has UCI , good K-12, and tech companies…
San diego has UCSD, good K-12, and tech/life sciences + beach + golf.
Doing a comparo
https://www.bestplaces.net/compare-cities/san_diego_ca/irvine_ca/costoflivingIrvine is 17% more expensive overall, and housing cost is 34% more.
March 24, 2022 at 8:33 PM #824617ParticipantAnd its not just that. SD is rapidly becoming a world class city it ways it’s never been before. The Shell downtown is a great entertainment venue. SDSU will have a right sized stadium opening next year. The campus will expand greatly to the west at that site also. The sports arena is getting rebuilt. There is a high end Beach front resort in Encinitas now attracting A listers on a regular basis. Bill Gates is currently building himself a massive beachfront compound in Del Mar. UCSD is building an 8th college and there are cranes all over the golden triangle. Carpool lane going north and more south opened recently adding about 10 more miles of it each way on the 5. There trolley blue line just opened. The list just goes on and on. Taken alone none of these is close to earth shattering but taken together the inertia and velocity of change taking place here are stunning!
March 24, 2022 at 8:49 PM #824618an
ParticipantJust to name a few. As they expand, these big tech will drive up the salary, like they did in the bay.
March 24, 2022 at 10:09 PM #824620Participant[quote=sdrealtor]And its not just that. SD is rapidly becoming a world class city it ways it’s never been before. The Shell downtown is a great entertainment venue. SDSU will have a right sized stadium opening next year. The campus will expand greatly to the west at that site also. The sports arena is getting rebuilt. There is a high end Beach front resort in Encinitas now attracting A listers on a regular basis. Bill Gates is currently building himself a massive beachfront compound in Del Mar. UCSD is building an 8th college and there are cranes all over the golden triangle. Carpool lane going north and more south opened recently adding about 10 more miles of it each way on the 5. There trolley blue line just opened. The list just goes on and on. Taken alone none of these is close to earth shattering but taken together the inertia and velocity of change taking place here are stunning![/quote]
Yep… agreed. Beyond everything you said there, SDSU is doing some fine things down there off by the 8.
SDSU-West in Mission Valley will be transformative for that institution: first by raising its total student population from 33K to 50K in the current ~200 acres landlocked mesa in the College Area; establish its STEM research arm in Mission Valley – throw money to attract researchers and faculty to boost its university ranking profile (always a pissing contest), to reach R1 research university status by 202X; lastly, the new stadium and its success with revenue sports (football + basketball) in recent years will set itself up nicely to potentially get invited into one of the Power 5 athletics conferences (Big 12 Conference if it ever expanded West and go to 14/16 members), when college football conference alignment happens again in 2024/25 when existing TV deals go expire — SD is a large TV market with only 1 major sports team in town (Padres) and is a fertile ground for recruiting.
Years ago, between Soccer City and SDSU-West, I voted the latter, as I always vote for academic development, which in theory, would bring in research, companies and jobs.
One data point I find interesting is, in most years (not 2021, the most recent year), UCSD And SDSU are always in the top-10 most applied to colleges in the country. Now, granted, this is mostly due to CA has the largest population, and most college kids are sending multiple applications to their reach, target and safety schools — but I would like to think SD is just a nice town for kids to study!
So even the 18 year kids are voting for SD with their college applications!
One more thing, SDSU is quietly turning into the best overall CSU school (Cal Poly-San Luis Obispo still gets the brightest kids within the CSU school system due to its strong emphasis in STEM since it was stood-up, but may not in the distant future as SDSU spurs up its STEM programs).
I looked at SDSU latest freshman profile, basically, incoming freshmen has 3.82 GPA and 1223 SAT, which 20 years ago, could’ve gotten you into UCSD, before the massive foreign student body invasion from China in the 2010s.
March 24, 2022 at 10:52 PM #824621ParticipantAbsolutely! My daughter got into and goes to UCSD, got into CPSLO (off waitlist) but did not even get a waitlist offer from SDSU with a 4.0 in HS. I have heard that they are trying to push all kids that live North of 56 to CSU San Marcos which is booming in its own right and is the fast rising star in the CSU system. The founder of Viasat and the company donated a ton to start up an engineering school there. They are building massively after acquiring many acres of land surrounding the campus to the west of Twin Oaks. Kaiser adjacent to that is expanding massively too. Everywhere I look I see growth and more high paying jobs coming. Really the perfect storm brewing here.
BTW after UCLA, the 2nd most applied to school in the country is UCSD. My daughter has friends from all over the country and the world there.
March 24, 2022 at 11:56 PM #824619CoronitaParticipantSpeaking of comps. Today was my old bosses last day.
Awe….
Got my bonus too. Decent for FL based company.
Now I can continue looking for another job lol.
March 24, 2022 at 11:57 PM #824622CoronitaParticipantI shouldn’t have sold my condo my SDSU..lol…
March 25, 2022 at 7:52 AM #824624The-Shoveler
ParticipantReal easy to have sellers remorse these days but if there is one thing I have learned, if you sell a house in SoCal you will eventually regret it.
The tech industry growth in SD (especially NC) the last 10 years has been miraculous (almost anyway).
March 25, 2022 at 8:12 AM #824626CoronitaParticipant[quote=The-Shoveler]Real easy to have sellers remorse these days but if there is one thing I have learned, if you sell a house in SoCal you will eventually regret it.
The tech industry growth in SD (especially NC) the last 10 years has been miraculous (almost anyway).[/quote]
Well to be fair, I did a 1031 exchange from college area to Mira Mesa. I didn’t think about keeping both and felt with the exchange instead of spending an additional $300k on a new property I could keep $300k invested elsewhere..that $300k is still sitting in the bank account doing very little 🙁
$125k> $415k would have been a lot nicer than $125K> $305K, plus rent would have been very cash flow positive now.
I listened too much to the sky is falling negative pundits here… Lesson learned.
March 25, 2022 at 8:35 AM #824627
svelteParticipant[quote=sdrealtor] I have heard that they are trying to push all kids that live North of 56 to CSU San Marcos which is booming in its own right and is the fast rising star in the CSU system. The founder of Viasat and the company donated a ton to start up an engineering school there. They are building massively after acquiring many acres of land surrounding the campus to the west of Twin Oaks. Kaiser adjacent to that is expanding massively too. Everywhere I look I see growth and more high paying jobs coming. Really the perfect storm brewing here.
[/quote]Spot on with all of that SDR.
We live in San Marcos and it seems like every time we drive off our normal path we say “WHAT? Where did that building come from??” The CSUSM campus is probably the greatest thing ever to happen to this town. Well, if one likes growth anyway. 🙂
And my family is excitedly watching CSUSM deep dive into engineering. Very happy about that.
March 25, 2022 at 8:40 AM #824629ParticipantI figured that comment would resound with you in more ways than one. The transformation over there is amazing to watch
March 25, 2022 at 9:30 AM #824631ParticipantI think most of your are much more a seasoned traveler than I am, both domestically and internationally, but for some of the places I have visited, in the back of my mind, I would be like, nope, this area would never produce or attract the level of talent, companies or technologies, vs. pockets of the U.S. such as Silicon Valley, SF, Boston, and etc.
I mean, even for big college towns, say, Texas A&M at College Station, outside of those are tied down because they work on-site at the school, why would anybody stay after graduation…?
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