Monday, December 23, 2019

Museum Place tower moves forward

A 20-story mixed-use tower next to the Tech Interactive museum has been unanimously approved. "Museum Place" will replace Parkside Hall behind the Tech with 928,000 SQFT of new office space, 8,400 SQFT of retail, and a 60,000 SQFT expansion of the museum.

This was originally going to be a hotel and residential tower, but given the state of the market the project was converted to commercial users instead. As San Jose is the only large city in the country whose daytime population decreases, this seems like a fair change to help correct our jobs/housing imbalance (San Jose needs more jobs, other Silicon Valley cities need to step up for housing).

If all goes well, Museum Place will break ground in 2020.

Source: SVBJ

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