Thursday, September 14, 2023

Downtown San Jose office tower converting to housing

Urban Catalyst is building two high rises near city hall, one is a 26-story high-rise with 389 residences and the other was supposed to be a 20-story office building called Icon with 525,000 SQFT of office space. Now given market conditions, it looks like the office building is going to pivot into more housing.

The converted project would have 650 multifamily units after getting city approval. There is a significant need for housing and a lot of vacant office space right now in Downtown San Jose, so this sounds like a wise shift.

Source: The Merc



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