Developer Green Republic--which is a combination of Barry Swenson Builder and Republic Urban Properties--has withdrawn plans for a 3-tower high-rise project in the Midtown area of San Jose (between Downtown and Santana Row). The point of contention seems to be the density and height of the project and a new park the developer would be required to build to service the neighborhood.
It doesn't seem that Green Republic could get this project financed as a hi-rise project, and instead would like to lower the density of the first phase and make it a mid-rise. The city reluctantly agreed and also conceded on retail and financing requirements, but would not budge on the requirement to build a four-acre park. That seems to be what is blocking the scaled down version of this project from moving forward.
This is still some hope. The developer and city both seem to want this project to happen, and this is more of a negotiation on terms than anything else.