A significant shift is underway along River Oaks Parkway, where a former commercial hub is set to bloom into something far more lively. TPG Angelo Gordon has taken ownership of the property at 211, 251, and 281 River Oaks Parkway in a $45 million deal that signals strong confidence in San Jose's future. Those three buildings, once filled with over 160,000 square feet of office space, now stand ready to make room for a dynamic mix of homes that will reshape daily life in this corner of the city.
The approved plan weaves together 505 market-rate apartments in a sleek seven-story structure, 132 affordable units in a five-story building, and 100 townhouses arranged across 14 inviting clusters. This thoughtful blend caters to everyone from young professionals chasing urban energy to families seeking roots in a welcoming setting. With approvals secured last fall, the project feels like a timely breath of fresh air amid the city's ongoing push for more housing options.
Nestled right across from River Oaks Park, the site already enjoys a natural edge with green spaces, walking paths, and a neighborhood rhythm that mixes offices and existing homes. Residents will step out to tree-lined streets, nearby services, and the kind of everyday convenience that makes San Jose feel connected and alive. This kind of development adds real momentum to North San Jose, proving that even in challenging economic times, forward-thinking investments can spark genuine progress.
Source: SVBJ
