Tech Revival Strengthens San Francisco Economy

SAN FRANCISCO—San Francisco is enjoying a renaissance as a technology center, as numerous Web and digital-media companies move in or expand in a burst of economic activity not seen since the dot-com boom of the 1990s.

While there has long been plenty of high-tech ferment 30 miles to the south in Silicon Valley, San Francisco itself has traditionally been the region's finance and cultural center rather than a tech magnet. Now, the city is seeing growth from start-ups such as micro-blogging service Twitter Inc. and social-gaming company Zynga Game Network Inc.

Late last month, Zynga announced a seven-year lease for a 270,000-square-foot space in the South of Market neighborhood, one of San Francisco's biggest commercial-rental deals in years.

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