Construction work is underway for Garden Gate Tower, a 23-story residential building in Downtown San Jose. The building is rising at 600 South First Street, located at the street’s intersection with East Reed Street and next to the I-280 Freeway. Scape, an international real estate firm with offices in Boston, is the project developer.
600 South 1st Street
The developers for 600 South First Street have secured enough funding for the development of a mixed-use tower in Downtown San Jose. Recent reporting by George Avalos of the Bay Area News Group confirms Scape, the international company focused on student and market-rate housing, has been loaned as much as $182 million by Madison Realty Capital. The proposal is expecting to create 336 new homes.
New renderings have been released ahead of today’s hearing with the San Jose Planning Director for Garden Gate Tower at 600 South 1st Street in Downtown San Jose. The proposed high-rise will have 23 floors, adding 336 residential units to the San Jose housing market above four commercial retail spaces. The London-based project owner, Scape, is behind an addendum request for a shorter project with more units. Scape specializes in the design of student dormitories.
Downtown San Jose was treated to a spectacle Sunday morning when the historic structure at 8 East Reed Street was lifted from the ground and moved across the city by truck. The Kelly Brothers House Movers conducted the job. The relocated four-plex will become affordable housing managed by Habitat for Humanity. Other involved parties include the Preservation Action Council of San Jose, the City of San Jose, and KT Urban. KT Urban will be responsible for developing the proposed 27-story residential tower dubbed the Garden Gate.
Demolition permits have been filed for 618 South 1st Street, one of three properties merged in the 252-foot proposed tower at 600 South 1st Street in Downtown San Jose’s southeast corner. The development was first introduced in 2018 and approved by the city council in November of 2019. Amendment permits filed in June of 2020 seek to expand the number of apartments. KT Urban is the project developer, with Scape as owner since March of 2020 for $16.5 million.