Project permits have been filed to convert the Bank of Italy office tower into housing at 12 South 1st Street in Downtown San Jose, Santa Clara County. The plans would bring new life to the historic tower as the region deals with high office vacancy rates. RMW Architecture is the project applicant.
Westbank and Urban Community have submitted new plans to convert Downtown San Jose’s iconic Bank of Italy tower into housing. The adaptive reuse of the office tower would create well over a hundred apartments across most of the 13-story building. The filing comes as the region struggles with record-high office vacancy rates.
A preliminary review package has revealed plans for a dramatic rehabilitation of the iconic Bank of Italy Tower at 12 South 1st Street in Downtown San Jose. While the structure is currently actively operating as an office building, the ground level remains vacant. Plans include modern office space, outdoor terraces, retail, and a music venue. Design is by Bjarke Ingels Group and RMW Architecture, with Urban Community and Vancouver-based Westbank as developers.