Amcal has acquired a parcel of land at 300 S. Second St. where it will partner with Barry Swenson Builder to build a student housing project. This is the site with the original TechShop location near SoFA.
The new building could rise up to 20 stories and house 800+ SJSU students. Each of the 235 units would have four bedrooms (each with their own bathroom), a shared kitchen, and a common area (living room). Amenity-wise there would be a resident assistant (RA) on each floor, study rooms, a fitness center, business center, and a pool. There would also be some retail fronting San Carlos Street.
The project would welcome anyone, but it is obviously targeted at students. Rent is expected to be around $1,000/mo, a bargain for Silicon Valley.
A project of that scale would considerably add to the activity and vibrancy in Downtown San Jose--especially in the SoFA area which is already booming. The soonest it would be open for business would be the fall of 2019 or 2020.