The Meridian Mixed-Use Project Has Broken Ground!

Barry Swenson and Republic Urban Properties have broken ground on the Meridian project in Midtown San Jose. This is going to be a massive project for the area with 218 apartments, a park, and 15,800 sqft of pedestrian-oriented retail divided into 8 different units. The corner retail unit seems to be reserved for a restaurant. Total price tag is going to clock in at $68M.

While it only rises to 5-stories, it will add quite a bit of density to Midtown and help better connect the Downtown San Jose area with Santana Row. Another bonus is that this project is close to transit.

Build out is going to take 2 years and one of our readers that lives across the street has reported that most of the site has already been leveled, including the Meyer Appliance building.

Sources: SJBJ, Heather

Meridian Mixed Use Project

Let's start the week off right with some positive development news. The Meridian Mixed Use project has scored $8M of funding to move the project forward. We're looking at 218 apartments and over 14,000sqft of retail located in Midtown on San Carlos Street. Based on one of the images below, it looks like they are planning to have 8 retail spaces, including a restaurant... all with a pedestrian orientation (versus suburban). This is a $60M project and ground breaking is expected in July.

I think one day we'll see a high density connection all along San Carlos between Downtown and Uptown San Jose (Santana Row/Valley Fair). This isn't the only project in the area breaking ground soon. The $250M Ohlone project with 14 story buildings, 800 residential units, and 30,000 sqft of retail is ALSO happening soon.

Thanks to Gavin for the tip.

Meridian Mixed Use Project

The Ohlone