Wednesday, October 8, 2014

Citation Homes Bought Toys R Us Site For Mixed-use Project

Santa Clara-based Citation Homes recently purchased a parcel at 751 S. Winchester Boulevard in San Jose. The only thing on the lot today is a Toys R Us, which will eventually be razed to make way for a mixed-use project that is still in the early planning stages. There aren't many details, but one of the things we know for sure is that the new project will contain both retail and housing.

However, don't expect shovels in the ground anytime soon. Toys R Us has a lease that runs at least until early 2016 and could likely be extended even further. For more info, hit the source link below.

Source: SVBJ

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