There are so many projects in the queue for North San Jose that it is difficult to keep track of them all. You have the mysterious Peery-Arrillaga project that would encompass one huge Fortune 100 tech tenant and up to 2 million SQFT. Then you have n1 Campus with up to 2.8 million SQFT. Over on Zanker Road you have Innovation Place with 540,000 SQFT. Now there is talk of another huge office project moving forward in the area.
Boston Properties owns a 24.5-acre business park on North First Street with five buildings totaling 190,000 SQFT that were all built in 1981. They want to tear down all of these buildings and create up to 1.55 million SQFT of new office space along with some retail. Most buildings would be 5-6 stories tall with one up to 10 stories (perhaps taking a note from Samsung).
It is still not clear if Boston Properties is going to wait for some anchor tenants to build or start the project speculatively, but they are applying for entitlements which could be approved by the city as soon as the end of the year. One thing is certain, North First could look dramatically different in a few years than it does today.