North San Jose

211-281 River Oaks Parkway, illustration by Studio T Square

New Owners Purchase Site for Previously Planned Development at 211-281 River Oaks Parkway in San Jose

A major San Jose-based development project at 211-281 River Oaks Parkway has been purchased by two New York-based firms acting through an affiliate. TPG and Angelo Gordon are major real-estate sponsors on the East Coast, but their ownership of the site is a significant pivot from the previous development under the local Valley Oak Partners. Supporters of the project can hope that the new owners will be able to bring an injection of capital to the project, speeding up its production.

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2830 North First Street Street Rendering, image by BDE Architecture

Housing Development Paused in North San Jose

Developer BXP, formally known as Boston Properties, had planned a large new housing development in North San Jose located at the corner of 2830 North First Street and East Plumeria Drive. The development plan, designed by BDE Architecture was slated to include both market-rate and affordable housing on the site of a previously planned tech campus. However, the plans have been paused, and the property was put on the market. 

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210 Baypointe Parkway Sample Layout and Floorplan, image by KTGY

New Development in San Jose Projects Summer Start Date

SummerHill Homes is set to build a new multifamily housing project in North San Jose. The development at 210 Baypointe Parkway was approved in October 2024, but the timeline for construction was previously unclear. However, new information reported by the San Jose Spotlight indicates the preliminary demolition of the existing facilities may begin as early as July of this year.

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Seely Avenue apartment building, rendering by KTGY Architecture + Planning

Developers Purchase Land for Seely Avenue Masterplan, San Jose

Developers are moving forward with property sales for the Seely Avenue master plan in North San Jose, Santa Clara County. Hanover Company has reportedly purchased 22.2 acres around 2620 Seely Avenue, with plans to follow through with the recently approved proposal for over a thousand apartments alongside open space and retail. Hanover sold an additional seven acres to SummerHill Homes for the townhome component.

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