No, for one fundamental reason: The people in real sweatshops don't have any other realistic option. The people in the proposed complexes along the 101 would have the ability to say "screw this" and go do something else.
I once had the idea that wealth really means having options. I don't know if that's universally true, but it certainly applies here. Silicon Valley is fundamentally wealthier than the areas where sweatshops which are sweatshops spring up.
I sympathise with your intent but that sounds like a sweatshop to me.