A recent property transaction and construction financing package have pushed ahead plans for the 173-unit affordable project in San Jose’s Stevens Creek Boulevard Urban Village. The plan is one component of a larger master plan at 4300 Stevens Creek Boulevard by Miramar Capital Group. Pacific West Builders will develop the affordable housing.
Construction has topped out for the Fay at 600 South First Street in Downtown San Jose. The 23-story project rises over I-280 as a prominent southernmost tower in the urban core. Its over three hundred apartments are expected to open up in early 2025. Morro is the project developer.
Westbank and Urban Community have submitted new plans to convert Downtown San Jose’s iconic Bank of Italy tower into housing. The adaptive reuse of the office tower would create well over a hundred apartments across most of the 13-story building. The filing comes as the region struggles with record-high office vacancy rates.
For the last twelve days of 2023, SF YIMBY will look back on each month and reflect on the biggest stories we covered. This December, YIMBY documented construction for the 16-story apartment complex in SoMa, affordable housing in Haight-Ashbury, and labs in Burlingame. Berkeley saw preliminary permits for over a thousand units across over a dozen proposals using SB330, and modified plans were shared by the developer of Cupertino’s multi-billion dollar project, The Rise. Finally, SHVO received a greenlight for the proposed adaptive reuse of Three Transamerica, working with Foster + Partners to make a rare invest in the city’s future of commercial office space this year.
For the last twelve days of 2023, SF YIMBY will look back on each month and reflect on the biggest stories we covered. November saw the Builder’s Remedy used for a potential tower in Palo Alto and reduced project sizes in San Jose. Sunnyvale approved more housing next to Lawrence Station, and Berkeley upzoned the busy Southside neighborhood. YIMBY visited Sacramento to see the construction of a rising courthouse tower, and a new developer catapulted themselves into the spotlight with a potential 844-foot tall residential tower in San Francisco.