Below is a rendering of "Ascent," Shea Properties' latest apartment project. We are talking 650 units in South San Jose (former Hitachi campus) with an estimated completion of Spring 2015. The total project cost is going to be $200 million, making it quite an expensive development when looking at the unit count ($307k per unit). There will be one, two, and three-bedroom units and luxurious amenities such as saltwater pools, a yoga courtyard, and a community pizza oven.
Looks like nice project, I just wish there was an office component to it as well. We really need more jobs in South San Jose and more housing in North San Jose.