Financing has been secured for proposed affordable housing at 802 South First Street in San Jose, Santa Clara County. The joint venture responsible for the six-story project has agreed to a $66 million loan with PNC National Bank. Construction is expected to start in the fall of this year.
The formal application has been filed for University Station, a residential infill at 451 El Camino Real next to the Santa Clara Caltrain Station. The over four hundred-unit project will extend across city lines, with housing in Santa Clara and San Jose. Morley Bros. is responsible for the application.
The City of San Jose is scheduled to review plans tomorrow for the proposed expansion at 2505-2577 Samaritan Drive, Santa Clara County. The planning director will review the project to add two medical offices and a garage within the Good Samaritan Hospital campus. Cilker Henderson Properties is the lead developer.
Affirmed Housing Group and the city of San Jose celebrated the official opening of Vitalia, a new affordable housing complex at 3100 South Bascom Avenue. The project will bring 79 units, over half of which will be permanent supportive housing, in the southern San Jose neighborhood of Cambrian.
New permits have been filed to increase the potential townhome-style development of a vacant office block at 2107 North First Street in San Jose, Santa Clara County. The project will now create just over a hundred condominiums, some of which will be affordable. Stanley Group is the project sponsor, filing through Bayshore Plaza LLC.
