Thursday, March 3, 2016

Another office campus planned for North San Jose

I have already lost track of how many office projects are proposed in North San Jose, they just keep on coming in. Lincoln Property Co. is teaming up with Gemdale Corp. to make one of those projects a reality. Midpoint@237 consists of four new office buildings off of North First Street just past 237 (going towards Alviso). The buildings would total up to 415,000 SQFT and be between two to three stories with 40,000 SQFT floor plates.

While they are not as tall or dense as I would hope for a 2016 project in San Jose, it will bring more tax dollars and jobs into the area. Next door there are also plans for up to 564,000 SQFT of advanced manufacturing space--perfect for a company like oh, let's say Apple or Tesla.

Construction is expected to begin next quarter with completion expected in the third quarter of 2017.

Source: SVBJ

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