Comment Re:Who pays? (Score 5, Insightful) 118
There is a 600-800 day wait just for permits. It has lengthened from 300 days decades ago. There are unprecedented environmental studies, energy efficiency requirements, building codes, earthquake requirements, impact studies, etc. etc. They are each independently probably good ideas. The net result is that the cost for building there is way higher than some nice open field and you could not build what is currently standing there.
If a highly successful company decides they want to plunk down the corporate treasury then all that can be resolved. If there is a growing community there then they may have to in order to chase talent. If not then you get Detroit. If it weren't for the rest of the Bay area supporting SF these days by just being close you'd be there already.