Business Attraction, Retention and Expansion

Milpitas: Where Smarts & Parts Come Together in Silicon Valley

As part of the economic powerhouse that is Silicon Valley, Milpitas offers a skilled workforce, and a prime location supported by infrastructure for businesses looking to scale. Flanked by two interstate freeways (Interstates 680 and 880) and bisected by a state highway (State Route 237) and a rail line, Milpitas is connected to the rest of Silicon Valley and beyond for companies seeking to establish or expand operations. Whether businesses are exploring new markets, seeking industrial space, or looking for the right partners, Milpitas’ Office of Economic Development moves at the speed of business to help businesses do business   

This promotional piece captures Milpitas industrial profile to help retain, expand and attract businesses to our community. This piece appears in Team California’s Spring 2025 Industrial Look Book which is distributed to industrial site selectors and leadership members. Click the image to enlarge it.

Milpitas has an existing inventory of approximately 15.5 million square feet of office, R&D, and manufacturing space. This inventory is flexible and includes a diversity of building types and sizes, which can accommodate businesses in need of different types of spaces. About 6.5 million square feet of warehouse and distribution space currently exists in Milpitas. 

While Milpitas’ resident population is nearly 82,000 people, the city’s daytime population exceeds 100,000 people. Daytime population represents people entering or leaving a community for work, entertainment, shopping, and other needs during the typical workday between 8:00 AM and 5:00 PM. 

More About Milpitas 

Milpitas is a jobs rich community with nearly 50,000 jobs with an annual average salary of $102,850,  and 41,400 employed residents. Forty-Four businesses employ 100 or more workers with the three largest employers in Milpitas being Cisco Systems KLA and Western Digital. Other major employers include Amazon, BD Biosciences, Flex LTD, TDK Headway Technologies, and Milpitas Unified School District. Several of these top employers have made Milpitas their corporate headquarters.

Milpitas has a large and diverse offering of retail stores and restaurants, mostly concentrated in suburban-style shopping centers. Milpitas has more than feet 5 million square of retail, of which three quarters is located in retail centers of different sizes and trade areas featuring an ethnically diverse array of retailers and restaurants. The largest retail centers are the Great Mall, super-regional mall at 1.4 million square feet, and McCarthy Ranch, a 415,000 square feet power retail center.