Nathan Donato-Weinstein from the SVBJ has an epic scoop that made my week. A 25-story high rise called Volar has been proposed for 350 S. Winchester Avenue. This was the only parcel in the area that Federal Realty was not able to acquire for Santana Row. Currently, the site has a two story commercial building with Eli Thomas Menswear as a tenant. That parcel could become one of the most iconic buildings in San Jose, and a testament that high-rise residential could work outside of Downtown San Jose.
If built, Volar would very likely be the tallest building in San Jose and possibly even the tallest between San Francisco and Los Angeles. If those are tall ceilings--which I'm assuming will be the case given its location--it could break 300 feet in height. The project has two floors of commercial/retail space totaling 50,000 SQFT followed by 23 floors containing 330 residential units. Massive balconies drape a huge portion of the building. There is a two-story atrium at the very top of that would house a rooftop restaurant! It even looks like the whole roof could be accessible based on the renderings below.
Volar also has one little surprise feature that would be a first in Silicon Valley, an automated garage. It works similar to an ATM. You park in a bay, get out, and the car gets loaded into the garage. When you need your car you go back to the bay, enter a code, and it gets delivered in 60 seconds. This allows more cars to be stored in a small space.
While this all seems too good to be true, it looks like this project has legs. Financing is lined up and they are ready to build as soon as the project gets city approval. The plans were just submitted last week--hopefully the city will fast-track this one!!