Tuesday, September 12, 2017

Another residential tower proposed Downtown

Equus Capital Partners is adding yet another potential high-rise project to the Downtown queue. This one clocks in at 24-stories, 260 residential units (70 studios, 109 one-bedrooms, 77 two-bedrooms, 3 three-bedrooms), 1,500 SQFT of retail facing Park Avenue, 319 parking spots, and 66 bicycle parking spaces.

One of the most interesting aspects of the proposal is the location on Almaden Boulevard. Currently there are no residential projects anywhere on this street Downtown. If you scroll to the very last image, you can see the empty courthouse that sits on the property today. If built, not only would it be extremely convenient for residents that work Downtown, but the property would have immediate access to 40,000 SQFT of restaurants in the same complex such as Morton's, Scott's Seafood, Specialty's, and Peggy Sue's.

Aesthetically, the design is a bit more interesting than existing residential towers. My favorite features are the cutout on the 7th floor (first image) and the penthouse amenity floor. It looks like they are actually planning a common space on the top floor with trees and a lounge area. This should be a mandatory feature on new residential towers given how amazing our weather typically is.

Source: SVBJ (requires subscription)


  1. Sparq begins construction in the next several weeks. They're staging construction equipments on site across the street by Reed

  2. They have begun preconstruction and doing some site work on two Civic Center towers. Construction should begin in Nov.