Monday, March 11, 2019

New homes and office space coming to Steven's Creek

Fortbay has just received approval for one of the first San Jose "signature projects" at 4300 Steven's Creek. This is just a few minutes west of Valley Fair and Santana Row and near the border of Cupertino.

The plan is to build 582 residential units, 233,000 SQFT of office space, and a multi-story parking structure. There will be some retail element, but it is not clear from the article how much or where in the project it will be. The new buildings will be between six and eight stories and will wrap around a new 1.4 acre promenade and park.

It's nice to see new mixed use projects being developed outside of Downtown San Jose. The one missing component here is access to public transit, but I have a feeling most of the residents will have a short commute to the Apple campus down the street. We really need to build some sort of mass transit from Downtown all the way to De Anza since this corridor is densifying rapidly.

Source: SVBJ




2 comments:

  1. Joshua, just wanted to point out that Stevens Creek has to active transit lines, 23 and 323 which is a limited service. Both are in VTA's top 5 in terms of ridership. The 323 will be converted to Rapid 523 when BART opens and serve Sunnyvale all the way to Berryessa BART. It's well served by transit. The developer plan to upgrade the stop and provide appropriate transit curb improvements.

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  2. I wish more areas would develop a village walkability feel like Willow Glenn and Campbell but with high rise living nearby. Cafes and restaurants with outdoor seating, small boutiques and shops, slower traffic streets with retail and sidewalks along both sides with adjacent to high rise living options that don't become an enormous living entity separate from the community. We have mixed use with retail at the base of a tall high rise in many locations. It doesn't feel like a neighborhood when it is on a busy street. We have high end chain shops in Santana Row that don't encourage that village feel. We have LOTS of vacancy with no effort to rent because the high rent write off is more valuable than the more reasonable market rate lower rent income.

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