Monday, February 17, 2020

Former Camera 12 Theaters space will become office and retail

It's a bittersweet solution to a key space in the middle of Downtown San Jose, but at least it is better than the empty shell that exists today. Camera 12 was my favorite movie theater, and one of the few three-story movie theaters in the country. I was hoping this could be repurposed into a high-end theater with luxury seats, cocktails, and upscale dining similar to the Showplace ICON in Valley Fair. However, it appear Urban Catalyst has a firm plan for the 70,330 SQFT site.

The plan is to convert the space into a five-story building called "Paseo." This will be interesting to see executed given the existing configuration. They will likely have to gut the whole building. The top four floors will support 73,000 SQFT of office space while the ground floor will have 15,000 SQFT of retail.

I am excited about what the retail opportunities could be, especially given the whole street is starting to fill up. Scott's Seafood is moving to the former Social Policy space on the same block and Hapa Musubi is a few doors down (one of Downtown's most popular eateries, often completely selling out of food daily). It may no longer be a movie theater, but I'm certain this can be an anchor for urban activity Downtown.

Source: SVBJ

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