The San Jose Planning Director is expected to review plans for a 15-story residential infill at 470 South Market Street in Downtown San Jose, Santa Clara County. The latest iteration of the long-running proposal aims to bring over two hundred units of affordable housing and parking to the wedge-shaped lot in the city’s heart. Core Companies is responsible for the development.
The 15-story tower will include 220 units of affordable housing above 3,760 square feet of ground-level retail. Parking will be included in a massive five-story podium garage. Partial demolition will be required for two brick-facade industrial structures, including the Herrold College, i.e., City Landmark Number 74, and the Hegerich & Kemling Auto Sales structure. The third structure will be fully demolished. According to the meeting listing, “a permanent interactive historical display would be provided as a part of the retained 465-467 South First Street commercial building facades.”
Gateway Tower evening view, rendering by DLR Group
Previously, Core Companies had pursued plans for a 20-story tower with three hundred market-rate apartments. Later, the plans evolved to a potential 24-story tower with 300 affordable units.
Much like the previous iteration, DLR Group is responsible for the architecture. Illustrations shared by the Bay Area News Group last June show only a few alterations to the facade style, retaining the arch-like articulation overlooking South Market Street.
470 South Market Street aerial view, image via Google Satellite
The corner lot is located within a flat iron block between South Market Street and First Street, across from the city’s Convention Center. The estimated cost and timeline for construction have not been shared.
The meeting is scheduled to start tomorrow, Wednesday, February 26th, starting at 9 AM. The event will be held online, with public comment available via phone or Zoom. For more information about how to attend and participate, visit the meeting agenda here.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
10nyears later and still about this? Just build the box building already before another 10 more floors are taken out. San Jose WILL NEVER build the density of a normal City it’s size and population. Btw ugly rendering.
Mineta Airport being close to downtown is the reason San Jose’s tallest towers are only 20-30 stories tall despite having a population around 1 million. It’s understandable but very unfortunate
Exciting news! Thanks for letting us know
In almost every residential structure with ground floor retail constructed in downtown San Jose in the last decade the retail remains empty. In some cases near City Hall empty for over ten year. There have been several instances where the building owner has requested that they be able to convert the long empty retail into a few more residential units. Dozens of small spaces suitable for small business retail have been empty for years, and yet successive mYors and City councils keep insisting that any medium rise residential structure have ground floor retail. SJ ain’t NYC. It doesn’t work here.