Wednesday, April 8, 2020

Despite Covid19, new 20-story office tower proposed Downtown

I honestly didn't think we would get any new tower proposals for quite some time. I'm happy to hear developers aren't entirely scared away at this point.

J.P. DiNapoli would like to build a 20-story tower at 95 S. Almaden--also know as the parking lot next to the ugly windowless AT&T building. The tower would have retail and amenities on the ground floor, eight floors of parking (four above ground and four below) and 15 stories of offices above the parking.

This is close to two other major projects, Adobe Tower 4 and Jay Paul's CityView Plaza redevelopment. It's also a killer location with easy access to transit, housing, and attractions Downtown.

Smart developers will build ASAP while costs are low.

Source: SVBJ


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