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.
Demolition work has started, removing the southern facade of the former Bank of California at 199 Park Avenue in Downtown San Jose. The move came just days after a Santa Clara County Superior Court judge denied an attempt by preservationists to block demolition at the beginning of the month. The court litigation has stalled demolition for roughly 13 months.
New renderings have been published by Studio Gang for Terraine, an 18-story mass timber tower at 201 West Julian Street in Downtown San Jose. The proposal would create new rental housing across from Arbor, the half a million-square-foot office building Jeanne Gang’s firm is also designing. Terrascape, Westbank, and Gary Dillabough of Urban Community are responsible for the development.
A joint community and environmental public scoping meeting has been scheduled for tomorrow to review the plans for the Icon-Echo Towers, a mixed-use proposal for Downtown San Jose. The development, by Urban Catalyst, is expected to create two towers connected by a four-story podium, adding over half a million square feet of commercial space and over four hundred new apartments.
New construction permits have been filed for a multi-family residential development at 123 West Reed Street in Downtown San Jose. The project will rise just two floors from the currently vacant lot to add three units to the city’s housing market. Visionaire Homes LLC is responsible for the development.
