The City of San Jose has approved plans for a 25-story residential tower at 439 South 4th Street in Downtown San Jose, Santa Clara County. The project will bring over two hundred apartments near the San Jose State University campus, primarily for students. Nelly Amas is the property owner.
Plans for 439 South 4th Street will produce a 261-foot structure with roughly 280,000 square feet of housing and 50,000 square feet for a 168-car garage. Additional space will be provided for 70 bicycles. Unit sizes will vary with 63 two-bedrooms, 21 three-bedrooms, 84 four-bedrooms, and 42 five-bedrooms. On-site amenities include a dog run, rooftop deck, fitness center, community rooms, and study rooms.
SCDC is responsible for the design as project architect. Illustrations show a bare urban infill broken up with a rectangular corner feature and vertical columns of curtain-wall glass. HMH is the project’s civil engineer and landscape architect.
The half-acre parcel is located along South 4th Street between East San Salvador Street and East William Street. Demolition will be required for 31 existing units. Future residents will be half a block from the SJSU campus. Construction is expected to rise next to The Mark, a 23-story residential tower with 230 units proposed by Urban Catalyst at 475 South 4th Street.
The developer has yet to reply to a comment request from YIMBY about the construction timeline.
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This is why we have no affordable housing, the bay area has a half million units no one can afford and half of them are sitting empty, 5 bedroom probably 10k a month for who? There should be moratorium that only affordable housing can be built. If the cities and state audited all these high end apartments they would see the high vacancy rate, the could buy them through eminent domain and create affordable housing. Greed caused massive building of office space that is defaulting on their loans, that could be turned into affordable housing. We do not need any more unaffordable luxury apartments. But they are building them taking up space needed for affordable housing.
“5 bedroom probably 10k a month for who? ”
er…5 single people who live as roommates. Plus, it won’t be $10K/month, more like $7K. So $1400/month/roommate.
Anyone who says ‘don’t build anything unless you can build affordable units’ is one or more of the following :
i) Illiterate about basic economics. All new supply lowers prices.
ii) A covert NIMBY trying to be a concern troll.
Yes, office conversion to housing is good, but office space usually convert to higher-end housing, due to the low number of bathrooms per square footage.
Why not build higher? The location on this high rise is away from the SJC flight path. Can we ever better our skyline? From a far distance SJ downtown looks like one HUGE square box!
A lot of quiet displacement is going on in San Jose. Look at Google Street View since 2007 to see what’s happening. Out with the working class, who have no political power whatsoever, and in with the high-income earners, and eventually the money laundering condo buyers. The higher-income earners have shunned Downtown San Jose for a very long time, preferring stucco McMansions on postage stamp lots, where they cover every square inch of earth with something impervious. If conspiring developers and enabling bureaucrats have their way… that won’t be for very much longer. YIMBY!
More housing is better, but what we need is some first floor store fronts. We got rid of parking minimums for a reason…
This is Student housing, appropriately so given its proximity to SJSU. Many of the Bedrooms are double occupancy and rented on a per bed basis. Student housing is underprovided to all levels of students especially first year students.
The problem with “Affordable” housing is that it costs 2X Market rate housing and is the least affordable housing segment because of all the red tape and imposed restrictions on its design and construction, because of this very few units are built. The majority of the population is between 80 and 120% of the Average Median Income and is referred to as the Missing Middle because very few units are provided because of the restrictions, obstacles and costs that have been imposed on entitling and building new housing.
Office to residential conversions are far more expensive that new construction, it is cheaper to tear down the building and start over.