Construction is expected to start early next year for the affordable housing project at 470 South Market Street in Downtown San Jose, Santa Clara County. The Gateway Tower team has secured millions of dollars in city and county funding to pursue the 15-story project, with the majority of financing provided by JPMorgan Chase Bank. The Core Companies is sponsoring the project.
New documents were posted for the Arbor Building, part of the site development at 255 West Julian Street in San Jose. The Downtown site was part of an original proposal to construct a 14-story office building with ground-floor retail space. However, in 2024, SF YIMBY reported on a shift in project plans to create an 18-story mixed-use building.
Demolition work is currently underway ahead of plans for an eight-story parking garage with retail at 185 Park Avenue in Downtown San Jose, Santa Clara County. The project is the first phase underway for the recently reimagined CityView Plaza masterplan, with the amended plans to be heard by the city’s Planning Director later this week. The prominent local developer, Jay Paul Company, is responsible for the venture.
A site in downtown San Jose could become a new AI research and development center, with elements of both data center and office laboratory. Arena Investors seized the property at 199 Bassett Street after a foreclosure in 2022, and are now floating a proposal for the development of an eight story tech hub.
In a major pivot, developer Jay Paul Co. has decided to convert a large portion of the ongoing CityView Plaza project from office to residential. The site, at the northeast corner of Almaden Boulevard and Park Avenue in Downtown San Jose, will transform an existing four-office building campus into 320 units, rebooting construction on the project which paused last year due to poor market conditions.
