Urban Catalyst has submitted an extension request for the Icon/Echo project at 147 East Santa Clara Street in Downtown San Jose, Santa Clara County. The team is looking to extend the entitlement approvals by another two years, allowing more time to shore up financing before starting construction.
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.
New preliminary permits have been filed for a residential infill at 14789 Oka Road in Los Gatos, Santa Clara County. The proposal will bring over a hundred townhome-style units close to a freeway interchange and the Netflix headquarters. Urban Catalyst is responsible for the application.
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.
Urban Catalyst has received a $10.5 million loan to finance the pre-construction phase of Icon/Echo, a two-tower proposal at 147 East Santa Clara Street directly across from City Hall in Downtown San Jose. The plans will bring hundreds of homes across two acres, with construction now expected to start in one to two years. Gantry is responsible for providing the finance.
