Urban Catalyst has submitted an extension request for the Icon/Echo project at 147 East Santa Clara Street in Downtown San Jose, Santa Clara County. The team is looking to extend the entitlement approvals by another two years, allowing more time to shore up financing before starting construction.
Icon-Echo Towers retail along Santa Clara, rendering by WRNS Studio
The application achieved approval in late November of 2022, at the time aiming to build a 415-unit apartment tower named Echo alongside a roughly half-million-square-foot office tower named Icon. The towers would rise 265 and 263 feet tall, respectively, attached at the hip, with an eight-floor podium and basement garage.
In September of 2023, Urban Catalyst announced the intention to pursue plans for a fully residential development with 1,039 apartments. Echo would retain 389 apartments, with roughly 650 units in the residential Icon tower. Preliminary applications to pursue this alteration were filed in late December of 2023. Renderings have been released of the new design, and iterations feature WRNS Studio as the architect.
Icon (left) and Echo (right) residential development, rendering courtesy Urban Catalyst
147 East Santa Clara Street, via Google Satellite
In March of last year, the team secured a $10.5 million construction loan from Gantry to finance the pre-construction phase. The request will be reviewed in a public hearing next Wednesday morning, January 15th. For more information about how to attend, visit the meeting agenda here.
Urban Catalyst has yet to reply to a request for comment from YIMBY.
The 2.1-acre property is located along North 4th Street between Santa Clara Street and Saint John Street. The site is across from the two-towered Miro Apartments and the Meier Partners-designed San Jose City Hall tower.
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Any comment from Mineta-CSJ airport regarding building height requirements in the above direct flight path?
It’s interesting how low density downtown SJ is. Good to see it finally getting some much needed infill.
Now if we could just get a couple highways removed..
Nice looking. Glad to see the proposal was revised to feature only housing, as the San Jose area does not and for the foreseeable future will not, need an additional half-million-square-feet of office space! Of course, the risk here is that the City
grants the additional time for completion, and the developer never breaks ground.
Downtown San Jose has millions of square feet of office space sitting the vacant right now and will have it for the foreseeable future, only San Francisco has more vacant office space. Google, just to name one employer, basically abandoned two buildings at the East Brokaw Rd. complex which it leased before they were built and prior to their layoff of 12,000 workers in 2023 (it did move workers who were coming to the office into other buildings at that site).