SummerHill Locks In 6.3 Acres for 616 North San Jose Apartments

Del Rey Investment Co. signed a contract to sell SummerHill Apartment Communities two empty parcels at Baypointe Parkway and Zanker Road: 3.7 acres at 240 Baypointe and 2.6 acres at 255 Baypointe. Closing deadlines in the county files run to late July 2028 for the larger lot and late July 2029 for the smaller one. The price stayed off the record.

If the city signs off, SummerHill would put 315 apartments in a six-story building at 240 and 301 apartments in an eight-story building across the street at 255, for 616 units on 6.3 acres. Filings list a club room, lounge, fitness center, and two-level roof decks on the six-story side; the eight-story side would add a bike room, pool deck, and roof deck. Both sit over podium parking. The sites had been flagged earlier on Affordable Housing Overlay maps. No construction calendar is attached yet. Final entitlements still have to clear San Jose planners.

The same developer is already at work a block away at 210 Baypointe, where 42 townhomes and a 292-unit rental building are replacing a one-story office. Baypointe VTA light rail is the commute argument. North San Jose has been the city’s designated tech-job cluster for years; putting mid-rise housing on leftover pads next to that cluster is the general-plan logic in plain language. Del Rey’s principals, John Arrillaga Jr. and Jason Peery, sit in the family line of Peery Arrillaga, the firm that assembled much of the valley’s suburban office stock.

Source: The Mercury News

New 737-Unit Housing Project Boosts North San Jose's Growth

San Jose has greenlit a major residential development that will bring 737 new homes to a long-vacant site in North San Jose. This multi-phase project from Valley Oak Partners turns nearly 10 acres between River Oaks Parkway, Iron Point Drive, and Cisco Way into a vibrant community. With proximity to key tech employers like Cisco, Intel, and Broadcom, the development supports the area's role as an innovation center by providing housing options close to work.

The project features a seven-story building with 505 market-rate apartments, ranging from studios to three-bedroom units. A separate five-story structure will house 132 fully affordable apartments, available at up to 80 percent of the area median income for Santa Clara County. Additionally, 100 for-sale townhouses in 14 three-story buildings will offer variety for families and individuals looking to put down roots.

This approval comes as San Jose works to meet its goal of 62,200 new housing units by 2031, despite past challenges with permitting and construction costs. North San Jose stands out with several large-scale projects advancing, including the Facchino Family's mixed-income neighborhood near the BART station and Hanover Company's Coyote Creek Village, which will add nearly 1,500 homes.

Community feedback shaped the final plans, leading to preserved redwood trees where possible and public improvements like enhanced crosswalks, wider sidewalks, and contributions to bike lanes on Cisco Way. These elements address concerns about pedestrian safety, traffic, and greenery, ensuring the development integrates well with the neighborhood.

Source: The Mercury News