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San Francisco has regional flash for specialized firms
There has been much discussion in the past few years about whether San Francisco will maintain its pre-eminent position as the center of business and commerce in the Bay Area.
Changes that have taken place since 1980 - an unprecedented construction boom throughout the nine-county region, corporate mergers and migrations, the slow-growth initiatives - have transformed business and social patterns.
Amid these changes, a controversy has arisen concerning San Francisco's ability and willingness to compete with the emerging commercial centers in neighboring counties. A possible new economic order has far-reaching consequences for local businesses and residents.
Many local real estate professionals believe that restrictions on new office construction, such as those imposed by Proposition M, will lead …