Construction is expected to start later this week for Aquino, a dense eight-story apartment complex to rise at 498 West San Carlos Street in San Jose, Santa Clara County. New building permits were filed last week with the city’s planning department, and the team has secured a $112.5 million construction loan for the 278-unit complex. Urban Catalyst is the project developer.
Plans have slightly increased for the eight-story residential apartment complex at 486-496 West San Carlos Street in San Jose, Santa Clara County. The development, renamed Madera Residential, has increased by six units for a total of 278 apartments. In April this year, the developer Urban Catalyst received a $6.1 million loan to pursue construction.
Interim funding has been secured for a proposal at 486-498 West San Carlos Street in San Jose, Santa Clara County. The developer, Urban Catalyst, received a $6.1 million loan to pursue the construction of Aquino, an eight-story apartment complex with nearly three hundred homes close to Diridon Station.
The developer Urban Catalyst has purchased the lots required to build a 184-unit residential project at 486-498 West San Carlos Street in Downtown West, San Jose, and inside the Diridon Station Area Plan. The project will provide new housing right near the existing transit station, of which nine will be sold as affordable for very low-income residents.