A six-story building with 140 apartments, around 10,000 SQFT of retail, and 10,000 SQFT of second-floor office space is coming to the Alameda right next to the new Whole Foods. It's a transit-oriented project near Diridon and right on the border of Downtown. In fact, I would consider this to be a part of the Downtown area--which seems to be pushing outwards in all directions.
This is the first project that the developer Chandler Pratt & Partners is doing in the Bay Area, but if it goes well you can expect more. They are specifically looking for "high-quality infill sites" which is exactly what we need to focus on in San Jose.
The total cost of the Alameda project will be around $60 million and the plan is to break ground Spring 2015.