Monday, January 6, 2014

Student Apartment Project Groundbreaking in June

While not as impressive as Centerra or One South, Symphony Development is planning a dense infill project targeting SJSU students at 51 N. Sixth Street. The site is a parking lot for the First United Methodist Church right behind the 12-story Art Deco Vintage Tower. The building will consist of 119 market-rate apartments spread across seven stories on a one-acre lot (the first two floors will be parking). The total price tag will be around $40 million.

I don't believe this project has a retail component, but the sketch below does look like it has a couple sections that would make ideal retail spots. They could simply be communal areas. There is some retail right in front of this building in the Vintage Tower, as well as tons of places to eat within a few blocks such as Ike's, ISO: Beers, Cafe Pomegranate, 4th Street Pizza, Punjab Cafe, and popular SJSU hangout spot SmokeEaters. There will also be a BRT station within a block or two. I think this will be a great addition to the neighborhood!

Source: SVBJ
An elevation of Symphony Development's seven-story project tucked behind Vintage Tower. Construction should start in June.

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