Showing posts with label san jose housing. Show all posts
Showing posts with label san jose housing. Show all posts

Thursday, May 8, 2025

New Housing Development Brings Modern Living to North San Jose

SummerHill Homes recently snapped up a 4.3-acre site at 210 Baypointe Parkway for $13.5 million, and with a $43.2 million construction loan from Comerica Bank, they’re ready to turn an empty office building into a vibrant residential hub. This development in north San Jose will feature a seven-story apartment building with 292 units and 42 three-story townhomes nearby, breathing fresh life into an underused space.

The apartment building promises to be a game-changer for residents, loaded with amenities that make city living feel like a treat. Expect a pool and spa nestled in a resort-style landscaped courtyard, rooftop decks for soaking in the views, a clubroom perfect for gatherings, and a fitness studio to keep active. Meanwhile, the townhomes offer a roomier option for those who want a bit more space. 

Location is where this project really shines. Sitting right next to major employers in north San Jose, it’s a dream for anyone tired of long commutes. Plus, with traffic being a familiar challenge around here, living close to work feels like a smart win.

What’s happening at 210 Baypointe Parkway is a clear sign of San Jose’s knack for adapting and growing. Swapping out a vacant office for modern residences shows the city knows how to keep up with what its people need. SummerHill Homes sees it as a chance to lift the neighborhood, blending high-quality housing with the surrounding area in a way that feels natural. It’s also tackling the demand for more places to live—both rentals and homes to own—near the heart of Silicon Valley’s job scene.

Source: The Mercury News

Wednesday, May 7, 2025

New Apartment Complex Breaks Ground at 905 Capitol Avenue

After years of being stuck in the planning stages, a sleek seven-story apartment complex is finally breaking ground, all thanks to the city’s clever multifamily housing incentive program. Led by Hanover Company, this 345-unit development is bringing much-needed homes—including affordable ones.

This project was gathering dust since getting the green light in 2022, held back by financing woes. Then San Jose stepped in with its incentive program, launched late last year, offering developers a lifeline through fee and tax breaks. For Hanover, it was the push they needed. Now, construction is rolling, with a finish line about two years out. The complex will offer a mix of studio, one-bedroom, and two-bedroom units, with 5% set aside as affordable housing for folks earning the area median income. There’s even 3,000 square feet of office space to spice things up along North Capitol Avenue.

What’s the magic behind this incentive program? It cuts costs in smart ways. Developers who include at least 5% affordable units onsite—like Hanover did—skip the usual “in-lieu” fee tied to the city’s affordable housing rules. Park fees get trimmed for projects with private amenities, and construction taxes take a hit too, with big reductions for the first 1,500 units approved by 2025. It’s a practical move that’s getting shovels in the ground and homes in the pipeline.

The perks don’t stop at housing numbers. This development sits less than half a mile from the Penitencia Creek Light Rail Station, putting public transit within easy reach. And for anyone who loves a good bike ride, the project includes two new bike lanes along North Capitol Avenue, linking up with the Penitencia Creek Trail.

Source: SVBJ



Tuesday, March 4, 2025

AVE Santa Clara Brings Elevated Apartment Living to Silicon Valley’s New Clara District

Silicon Valley just got a major upgrade with the grand opening of AVE Santa Clara, a sleek new residential community that’s raising the bar for apartment living. Announced on February 25, 2025, this project—brought to life by the award-winning team at AVE (a Korman Communities brand) and their partners at Ensemble Investments, LLC—is now open and ready for move-ins at 2240 Calle de Luna in the emerging Clara District. Located just steps from Levi’s Stadium, this isn’t just another apartment complex—it’s a lifestyle hub designed for the modern Silicon Valley crowd.

With 311 apartments spread across eight stories, the property offers a mix of traditional unfurnished rentals and fully furnished units with flexible lease terms—perfect for tech professionals, remote workers, or anyone looking for a hassle-free move. Studios start at $2,811, one-bedrooms at $3,110, two-bedrooms at $4,881, and three-bedrooms at $6,590. Inside, you’ll find stainless steel appliances, quartz countertops, in-unit Samsung washers and dryers, and blackout shades in the bedrooms (great for young kids).

But the real star is a whopping 36,200 square feet of indoor-outdoor amenities. We’re talking a two-story fitness center, a resort-style pool with a hot tub and firepit lounges, a zen courtyard with a yoga lawn, and even a dog park and pet spa for your four-legged roommates. There’s also a game room, movie/sports lounge, private work pods, and conference rooms on every floor—because work-from-home life isn’t going anywhere. Oh, and the cherry on top: the AVEnture Hub, a first-of-its-kind perk where residents can borrow bikes, kayaks, and camping gear for free to explore the Bay Area’s outdoor treasures.

Right next door, Clara’s Junction is an 18,000-square-foot indoor-outdoor social spot that’s already shaping up to be a South Bay hotspot. It's a New American restaurant and bar with craft cocktails, Taz’s Tacos (a resident taco truck!), and The Pit, a live BBQ joint hosting guest pitmasters.

The Clara District is buzzing with potential, and AVE Santa Clara is right in the thick of it. You’re a stone’s throw from Levi’s Stadium, close to heavy hitters like Nvidia, Apple, Facebook, and Google, and just minutes from San Jose Mineta International Airport. Plus, the VTA light rail is nearby for an easy ride to Downtown San Jose. It’s the kind of spot that screams Silicon Valley convenience with a side of fun.

AVE Santa Clara is officially leasing now, so if you’re ready to level up your living situation, head to aveliving.com for more details and to apply. With its unbeatable location, next-level amenities, and a community vibe that’s all about connection, this place is poised to become a South Bay standout.