Monday, June 22, 2015

Gateway Tower Update!

Nathan Donato-Weinstein from the Silicon Valley Business Journal has gotten his hands on the latest renders for the Gateway Tower in Downtown San Jose's SoFA District, and it looks magnificent! The Market St. side is a bit more straight-edge and traditional while the side on North First facing SoFA is is more edgy with just about every unit getting a corner view. This is exactly the type of design needed for the area and I love the use of a new yellow highlight color that doesn't really exist in the Downtown skyline today.

The building will be 24-stories and 270-units. It looks like the segregation between market rate and affordable units is gone. Unfortunately it also looks like the podium has been lowered to be on the 6th floor instead of the 7th, meaning the swimming pool will be a bit closer to the ground (it still should be higher up than The Fairmont or The 88).

Retail on the ground floor will clock in between 4,000 and 6,000 SQFT with the bulk of that at the corner of William and First Street. The parking structure would be towards San Carlos Street with one level below ground (and I'm guessing 3-4 levels above).

Oh, and the developer is also planning to build a 105-unit mid-rise across the street on land currently occupied by an Enterprise Rent-A-Car (3rd render below). SoFA is going to be booming in a few years!

Source: SVBJ




3 comments:

  1. Regarding Gateway Tower, do you know which current businesses would move to make room for it? There's currently a small parking lot, dry cleaner, jiu jitsu studio, and marketing agency there. Thanks! Great blog.

    ReplyDelete
    Replies
    1. I think its too early to say at this point, but the dry cleaner will definitely have to be relocated.

      Delete
  2. Do you know how many units will be market rate and how many will be affordable housing?

    ReplyDelete