San Jose-based nonprofit, First Community Housing is developing a six-story apartment building at 201 Bassett Street, Downtown San Jose that will provide housing to veterans and people currently experiencing homelessness. Named Iamesi Village, the project is under construction and will develop 135 units located at the intersection of Bassett and Terraine streets.
OJK Architecture and Planning is the master architect. A housing master plan is being developed by Intracorp Homes, Swenson, and First Community Housing in partnership with San Jose’s redevelopment agency on the 5.72-acre lot adjacent to the downtown core.
Iamesi Village will be the affordable portion of the North San Pedro Residential Project which is one of San Jose’s largest, 100-percent affordable housing projects. North San Pedro Studios has received funding from the Measure A affordable housing bond that Santa Clara County residents approved in 2016.
The building will offer 118 studio units, sixteen one-bedroom units at affordable prices; at 30-50 percent of the area’s median income. The design features residential units in five stories and basement parking. According to the conceptual plans, the design features include a semi-enclosed outdoor landscaped courtyard. Stepped massing creates space for a rooftop deck with a view of St. James Park. Open-air circulation hallways maximize natural light in circulation areas as well as in units.
The project location connects a recently redeveloped area of downtown with Guadalupe Park and the commercial shopping area of San Pedro Square. Residential neighborhoods to the east will be connected to a pleasant, safe, and well-landscaped community to access Guadalupe Park to the west. The development complements San Jose’s urban lifestyle, connects with public transportation and the surrounding community.
The estimated cost of construction is $60,229,610. The project broke ground in April 2019 and development is expected to take about two years. The anticipated date of availability is 2022.