Downtown San Jose is not the only area slated to get high-rise residential over the next few years. In 2016, BDK Capital is planning to break ground on a $300 million project featureing two 18-story towers with 450 luxury condos and 34,000 SQFT of retail on the ground floor. The project is located at 600 Barber Lane (former Chevorlet dealership), which is across the street from a large Asian shopping center and future retail projects.
The buildings will have a large number of luxury features such as rooftop decks, lounges, a fitness center, two pools, and community rooms. The project even has eight penthouse four-bedroom units. The developer is going for the feel of a "New York lifestyle" in Silicon Valley.
I think this project is good news for the whole South Bay. The more residential high-rises that go up, the more accustomed Silicon Valley residents will be to this type of offering. There are many places throughout San Jose that could use large mixed-use projects like this... not just Downtown San Jose. Hopefully this helps pave the way to more developer interest.
Source: The Registry