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Bank of Italy exterior egress stair core with green 'living' wall, rendering by Bjarke Ingels Group

Renderings Show Rehabilitation of San Jose’s Iconic Bank of Italy Tower

By Andrew Nelson

A preliminary review package has revealed plans for a dramatic rehabilitation of the iconic Bank of Italy Tower at 12 South 1st Street in Downtown San Jose. While the structure is currently actively operating as an office building, the ground level remains vacant. Plans include modern office space, outdoor terraces, retail, and a music venue. Design is by Bjarke Ingels Group and RMW Architecture, with Urban Community and Vancouver-based Westbank as developers.

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475 South 4th Street side view, rendering by BDE Architecture

Project Profile, 475 South 4th Street, downtown San Jose

By Andrew Nelson

Urban Catalyst, a Silicon Valley real estate opportunity zone fund, has plans to build a 21-story high-end student housing tower right next to the San Jose State University campus in the fast-urbanizing downtown San Jose. The 250-foot tower will yield 335,260 square feet with capacity for over 850 student residents, parking for cars and bicycles, and shared amenities. Permits filed in June and July of this year are currently under review by the city.

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995 East Santa Clara Street, development by First Community Housing designed by David Bark Architects via the East Bay Times

995 East Santa Clara Street Purchased by First Community Housing, Roosevelt Park, San Jose

By Andrew Nelson

995 East Santa Clara Street has been purchased by the Bay Area-based First Community Housing residential developer for $5.5 million. The East Bay Times reports that the purchase brings FCH a step closer to realizing a 125-unit affordable housing structure on an 18,300 square foot parcel near downtown San Jose. The project benefits from San Jose’s General Plan 2040 Urban Village zoning.

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