Holland Partner Group has secured a $168 million loan to construct 407 apartments in phase one of Gateway Crossing in Santa Clara, Santa Clara County. The loan comes after work started on the first building earlier this year. Once complete, the Gateway Crossing masterplan will create over a thousand and five hundred homes by Caltrain.
Building permits have been filed for 350 Chastain Place, a seven-story residential building in Gateway Crossings, Santa Clara. The 407-unit permit is for the first building in Gateway Crossings, a five-structure proposal with housing, retail, public open space, and a new hotel across from the San Jose International Airport and Santa Clara Caltrain/future BART Station. Holland Partner Group is responsible for the development after leasing the property from Hunter Properties.